Financial Graphs

Revenue Management

Daily money management (DMM) programs provide personal financial assistance to older or disabled individuals who can no longer handle certain aspects of money management. Whether an older or disabled person needs comprehensive help or just a monthly reminder to pay bills, a good DMM program can mean the difference between living independently and residing in a nursing home.

What Is a DMM Program?

Daily money management (DMM) programs help people who cannot handle their own financial affairs. Essentially, a daily money manager acts as a personal financial assistant. Here at A & B Accounting we are members of the AmericanAssociation of Daily Money Managers (AADMM) and like to help individuals stay independent for as long as possible by providing the following services:

  • Pay Bills

  • Maintain Financial Records

  • Prepare Budgets

  • Balance Checkbooks and other Financial Accounts

  • Negotiate with vendors or creditors

  • Prepare checks for clients to sign

  • ​Help organize bank and financial records

  • Prepare and deliver bank deposits

  • Gather documents for tax returns

  • Help decipher medical bills

  • Review bank statements in order to detect potential financial abuse or fraud

A DMM program can be valuable for Individuals who:​

  • Cannot keep track of bills and financial documents

  • Often forget to pay bills

  • Cannot write checks because of arthritis or other health problems

  • Have trouble getting to the bank

  • Can no longer manage money or finances

  • Are susceptible to financial scams