LotWizeby Sanaf AI Solutions
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LotWizeby Sanaf AI Solutions
FeaturesPricingFree Tools
AboutContact
Sign inStart Free Trial

Product

  • For Self-Managed HOAs
  • For Property Managers
  • Features
  • Pricing
  • Marketplace
  • Integrations
  • Blog

Resources

  • Help Center
  • Blog
  • Ebooks & Guides
  • HOA Glossary
  • Templates
  • State Guides
  • HOA Laws by State
  • Comparisons

Company

  • About
  • Contact
  • HOA Laws by State
  • Affiliate Program — Earn 20%
  • Security
  • Privacy Policy
  • Terms of Service

Free Tools

  • Cost Calculator
  • Annual Budget Builder
  • Reserve Fund Calculator
  • Board Time Audit
  • Fine Schedule Builder
  • Annual Meeting Checklist
  • Agenda Generator
  • Meeting Minutes
  • Violation Letter
  • Welcome Letter
LotWize

by Sanaf AI Solutions

AI-first HOA management for self-managed communities.

Available nationwide

Get HOA tips & updates

© 2026 LotWize by Sanaf AI Solutions. All rights reserved.

Product

  • For Self-Managed HOAs
  • For Property Managers
  • Features
  • Pricing
  • Marketplace
  • Integrations
  • Blog

Resources

  • Help Center
  • Blog
  • Ebooks & Guides
  • HOA Glossary
  • Templates
  • State Guides
  • HOA Laws by State
  • Comparisons

Company

  • About
  • Contact
  • HOA Laws by State
  • Affiliate Program — Earn 20%
  • Security
  • Privacy Policy
  • Terms of Service

Free Tools

  • Cost Calculator
  • Annual Budget Builder
  • Reserve Fund Calculator
  • Board Time Audit
  • Fine Schedule Builder
  • Annual Meeting Checklist
  • Agenda Generator
  • Meeting Minutes
  • Violation Letter
  • Welcome Letter
LotWize

by Sanaf AI Solutions

AI-first HOA management for self-managed communities.

Available nationwide

Get HOA tips & updates

© 2026 LotWize by Sanaf AI Solutions. All rights reserved.
HelpBoard MemberFinances

Finances

The Finances feature gives board members full control over the community's budget, expenses, bank accounts, and vendors. Track every dollar, set up recurring expenses, and know exactly where you stand

Finances

What It Does

The Finances feature gives board members full control over the community's budget, expenses, bank accounts, and vendors. Track every dollar, set up recurring expenses, and know exactly where you stand financially.

Who It's For

Board members of HOA/condo communities.

How to Use It

Step 1: Connect Your Bank

Go to Board Portal → Finances and link your community bank account. Transactions sync automatically so your books stay current without manual entry.

Step 2: Set Up Your Budget

Create budget categories like "Landscaping," "Pool Maintenance," "Insurance," and "Reserve Fund." Set annual amounts and track spending against each category in real time.

Step 3: Manage Vendors and Recurring Expenses

Add vendors with contact info and contracts. Set up recurring expenses (like monthly landscaping or quarterly pest control) so they are logged automatically.

Common Issues

Q: My bank balance does not match the system balance. A: Check for uncleared checks or pending transactions. The sync may lag by a day. You can also manually reconcile by marking transactions as cleared.

Q: Can I export financial data for our accountant? A: Yes. Export transactions, budgets, and expense reports as CSV or PDF from the "Reports" tab inside Finances.

Pro Tips

  • Review your budget vs. actual spending monthly. Catching overruns early beats explaining them at the annual meeting.
  • Tag reserve fund expenses separately so you can prove compliance with your governing documents during audits.

Related Features

  • Payments
  • Reports
  • Documents

Need Help?

Contact support at support@sanafai.com

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On this page

  • What It Does
  • Who It's For
  • How to Use It
  • Step 1: Connect Your Bank
  • Step 2: Set Up Your Budget
  • Step 3: Manage Vendors and Recurring Expenses
  • Common Issues
  • Pro Tips
  • Related Features
  • Need Help?

Still need help?

Our support team is here to assist you with any questions or issues.

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