What still has to stay with our strata manager?
Quick answer
Levies, budgets, trust accounting, bank reconciliation, fee notices and arrears remain with your manager (or full Strata Pages if self-managed), along with statutory duties like issuing compliant notices under your state's legislation — Flex Strata doesn't take these on.
Key takeaways
- Levies, budgets, trust accounting and arrears stay outside Flex Strata
- Formal statutory notice processes typically remain with a professional manager
- Flex Strata and manager-held financial administration are complementary, not overlapping
It's worth being precise about the boundary, so committees don't assume Flex Strata covers something it deliberately doesn't.
Financial administration stays with the manager
- Raising and tracking levies
- Preparing and managing the annual budget
- Trust account management and bank reconciliation
- Issuing fee notices and managing arrears
Statutory duties that typically stay with a professional manager
- Formal issuance of legally compliant notices under your state's strata legislation
- Managing the specific legal process for by-law enforcement and disputes
- Advice on the scheme's statutory obligations, particularly for anything unusual or high-stakes
What Flex Strata does provide alongside this
Flex Strata gives the committee visibility and its own record of meetings, maintenance, compliance and documents that sit alongside whatever the manager is doing on the financial and statutory side — the two aren't in competition, they cover different parts of running the scheme.
Why this split is deliberate
Financial administration for a strata scheme carries specific regulatory obligations — trust accounting rules, for example — that a manager (or a self-managing committee using full Strata Pages) needs to be set up to handle properly. Flex Strata is scoped to avoid pretending to be a substitute for that, rather than offering a partial version that might create a false sense of coverage.
If you're unsure where something sits
If a task feels like it should involve money changing hands with owners — a levy, a fee, an arrears letter — it almost certainly belongs with your manager or in full Strata Pages, not Flex Strata. If it's about tracking a decision, a job, a document or a compliance date, that's squarely what Flex Strata is for.
Not a financial system
Flex Strata excludes levies, budgets, trust accounting and arrears by design — these stay with your manager or full Strata Pages.
Related questions
Want this handled for your building? See what Flex Strata costs or ask us directly.
