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ResLife Finances

reslife.app

From $1/mo Free plan Web
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Spec score 8.2 #10 of 25 in HOA Accounting Software

What it is

ResLife Finances is web-based accounting software for community associations. It combines a general ledger, journals, accounts payable, bank reconciliation, fund accounting, and financial statements in one set of books. Assessments can be calculated from budgets, collected online, and adjusted with late fees or interest under governing documents. AI can capture vendor invoices, connect them to work orders or contracts, check spending limits, and hold them for approval. Operating and reserve funds retain separate accounts and balances, with transfers tied to the related expenditure. Plaid feeds, lockbox files, and CSV, OFX, or CAMT imports support bank activity; ResLife says about 95% of bank lines can be matched automatically. Stripe Connect handles recurring dues and one-time invoices. A free operations layer can sit alongside existing bookkeeping without migrating books. The Free plan is free, billed monthly forever, with online collection fees. Paid plans start at $1 a month per unit; Enterprise is priced on request. Support costs $125 per hour on every plan.

Spec sheet

Support
Support is billed at $125 per hour on every plan.Read 15 Oct 2026 · reslife.app
Headquarters
San Diego, California, United StatesRead 23 Sep 2026 · reslife.app
Accounting scope
ResLife Finances combines general ledger, journals, accounts payable, bank reconciliation, fund accounting and financial statements in one chart of accounts.Read 15 Oct 2026 · reslife.app
Accounts payable
Vendor invoices can be emailed to an association inbox, extracted with AI, linked to work orders or contracts, checked against spending limits and held for approval.Read 15 Oct 2026 · reslife.app
Advice limitation
ResLife says its budgets and compliance guidance are not legal, tax or accounting advice and should be reviewed by professionals.Read 15 Oct 2026 · reslife.app
Assessments
Assessments are generated from the budget's per-unit calculations and collected online, with late fees and interest based on governing documents.Read 15 Oct 2026 · reslife.app
Audience and availability
ResLife is software for running community associations and is listed as available in California.Read 1 Oct 2026 · reslife.app
Availability limit
The footer states that ResLife is available in California.Read 15 Oct 2026 · reslife.app
Bank integrations
The product supports Plaid feeds, CSV, OFX and CAMT imports, lockbox remittance files and custom bank connections by request.Read 15 Oct 2026 · reslife.app
Bank reconciliation
Bank lines are matched to ledger entries as they arrive, with unmatched items surfaced as Docket tasks.Read 15 Oct 2026 · reslife.app
Billing start
The accounting product says sign-ups are not charged until January 1, 2027.Read 15 Oct 2026 · reslife.app
Budgeting
The budgeting tool reads CC&Rs, bylaws, minutes, contracts, actuals and reserve studies, calculates cost-sharing and cites source sections.Read 15 Oct 2026 · reslife.app
Company legal name
Crunchbase identifies Verilyst LLC as the legal entity and lists ResLife.app as an alternate name.Read 15 Oct 2026 · crunchbase.com
Company size
Crunchbase reports a headcount range of 1 to 10 employees.Read 15 Oct 2026 · crunchbase.com
Company status
Crunchbase lists Verilyst as an active, privately held, for-profit company headquartered in San Diego, California.Read 15 Oct 2026 · crunchbase.com
Contract management
Contract records calculate notice deadlines from renewal dates and notice periods and test awards against document-based term, value and bidding limits.Read 15 Oct 2026 · reslife.app
Customization
Enterprise customers can request custom fields, workflows and reports, plus a sandbox and isolated database.Read 15 Oct 2026 · reslife.app
Data isolation
Enterprise documentation says each association operates in its own data context with isolation enforced at the data-model level.Read 1 Oct 2026 · reslife.app
Data ownership
ResLife states that documents remain in an association's private workspace and that the association owns its data.Read 1 Oct 2026 · reslife.app
Docket
The Docket is a free cross-association worklist that routes requests, deadlines and board decisions into record-linked workflows.Read 15 Oct 2026 · reslife.app
Enterprise scale claim
ResLife says its architecture can scale beyond 50,000 units without architectural changes.Read 15 Oct 2026 · reslife.app
Extensibility
ResLife states that core workflows run natively without critical-path third-party API dependencies; integrations are positioned at system edges.Read 15 Oct 2026 · reslife.app
Financial reports
Financial statements include a balance sheet, fiscal-year profit and loss at any as-of date, and budget-versus-actual reporting by category.Read 15 Oct 2026 · reslife.app
Founded year
LinkedIn lists Reslife.app as founded in 2023, privately held, with 2 to 10 employees.Read 15 Oct 2026 · linkedin.com
Founder
Prospeo identifies Brian Haghighi as Verilyst's founder and president.Read 15 Oct 2026 · prospeo.io
Free operations
The budget, meetings, docket, rules, violations, contracts and maintenance tools can run alongside an existing bookkeeping system without migrating books.Read 1 Oct 2026 · reslife.app
Fund accounting
Operating and reserve funds use separate accounts and balances, with transfers tied to the expenditure that justified them.Read 15 Oct 2026 · reslife.app
Funding estimate
Prospeo estimates that Verilyst has raised no funding; this is a third-party estimate rather than an official disclosure.Read 15 Oct 2026 · prospeo.io
Hosting
The service is hosted on Google Cloud with Kubernetes scaling, redundancy and disaster-recovery capabilities.Read 15 Oct 2026 · reslife.app
Industry directory
The California Association of Community Managers directory lists Reslife.app as management software serving all California regions and names Brian Haghighi as contact.Read 15 Oct 2026 · cacm.org
Licence
The official product, pricing and enterprise pages do not identify an open-source licence.Read 15 Oct 2026 · reslife.app
Maintenance
Maintenance turns resident reports into assigned work orders with vendor stages and resident notifications on closure.Read 15 Oct 2026 · reslife.app
Notable event
The official site identifies ResLife as a sponsor of CAI Community NOW 2026 in Fort Lauderdale in June 2026.Read 15 Oct 2026 · reslife.app
Payment integration
Stripe Connect can turn calculated assessments into recurring dues and one-time invoices for online collection.Read 1 Oct 2026 · reslife.app
Payment-fee limit
The free tier adds $0.50 plus 0.25% to each online collection on top of Stripe rates; paid plans waive that ResLife add-on.Read 15 Oct 2026 · reslife.app
Processing fees
The free tier adds $0.50 plus 0.25% per collected payment on top of Stripe rates, while paid plans waive that ResLife add-on.Read 1 Oct 2026 · reslife.app
Product purpose
ResLife provides community-association operations tools and a paid financial system for HOA accounting.Read 15 Oct 2026 · reslife.app
Reconciliation
ResLife says around 95% of bank lines can be matched automatically and supports Plaid feeds plus CSV, OFX and CAMT imports.Read 1 Oct 2026 · reslife.app
Resident portal
Residents can submit unit actions, report issues, track requests with deadlines, view documents and print their own ledgers.Read 15 Oct 2026 · reslife.app
Security architecture
The enterprise page describes per-association data isolation, role-based access down to unit level and audit trails.Read 15 Oct 2026 · reslife.app
Technology stack
The homepage displays Odoo, Stripe, Google Cloud and Kubernetes as infrastructure or technology components.Read 15 Oct 2026 · reslife.app
Violation enforcement
Violation workflows quote governing-document provisions, check statutory protections and schedule hearings using the required notice period.Read 15 Oct 2026 · reslife.app

Plans and prices

Free Free per month, forever Operations layer · every association and user · online collections charged per transaction · AI meeting briefs and rule drafting at provider cost Read 15 Oct 2026 · reslife.app
Business $1 a month per unit per month plus $250/month per firm legal entity; first entity free through 2027 Everything in Starter · firm accounting, AR and AP · firm and association marketing websites · complimentary firm-book migration Read 15 Oct 2026 · reslife.app
Enterprise Priced on request per unit per month plus dedicated infrastructure White label · isolated database · customization · sandbox · uptime SLA · priority onboarding Read 1 Oct 2026 · reslife.app
Enterprise $1 a month per unit per month plus $2,500/month dedicated infrastructure Everything in Business · white label domain · isolated database · custom fields, workflows and reports · sandbox · uptime SLA with service credits · priority onboarding Read 15 Oct 2026 · reslife.app
Starter $1 a month per unit per month Association accounting · receivables and payables · financial statements · bank reconciliation and integrations · historical migration · collection add-on waived Read 15 Oct 2026 · reslife.app

Every ResLife Finances plan and price →

Strong points and limits

Strong points

  • General ledger and financial statements included
  • Assessment billing and online collection
  • AI-assisted invoice capture and approvals
  • Separate operating and reserve funds
  • Automatic bank-line matching claimed around 95%

Limits

  • No free trial
  • Free tier adds payment fees
  • Support costs $125 per hour
  • Paid pricing is billed per unit or contact

Who it suits

ResLife Finances suits community associations needing accounting, assessments, payables, funds, statements, and bank reconciliation in a web application. It is listed as available in California.

Verdict

ResLife Finances combines association operations and accounting, with a free operations layer for organizations keeping existing books. Its plan structure, collection surcharges, per-unit pricing, and hourly support should be considered alongside the accounting and reconciliation features.

Where Specifiction places it

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