Décret 2.23.700: Everything Moroccan syndics need to know about accounting compliance

Décret n° 2.23.700 is a Moroccan government decree published on March 31, 2025, inBulletin Officiel n° 7391. Issued in application of Law 18-00(Morocco's co-ownership statute), it defines the accounting requirements and sets specific standards for how syndics must track and report building finances. Compliance is required from the first fiscal year after publication (January 1, 2026 for calendar-year fiscal years).

Before this decree, syndic accounting was a mess. Some syndics kept meticulous records. Many kept a notebook. A few kept nothing at all. Co-owners had no way to compare what their syndic provided against any standard. Money went missing. Trust eroded. Assemblies turned into shouting matches over receipts nobody could find.

The decree fixes this by defining exactly what financial documents a syndic must produce, when, and in what format. It introduces up to 12 specific annexes (depending on building size) and a 3-tier classification system based on annual charges called. The goal is simple: if you manage other people's money, you need to prove where it went.

You can't ignore this. Even if you're managing a 6-unit building for free as a volunteer syndic, the decree applies to you. The requirements are simpler for small buildings (Small tier), but they exist.

The decree splits buildings into 3 tiers based on total annual charges called. Not collected. Called. That distinction trips people up constantly. If you billed 200,000 MAD but only collected 150,000, your tier is based on the 200,000.

How to calculate your tier

One thing to watch: your tier can change year to year. If you had a big renovation that required special assessments, you might jump from Small to Medium for that year. Always recalculate.

The tier determines which annexes you file. But it also tells you how much work you're signing up for. Here's what to expect at each level.

It depends on your tier. Small buildings (≤ 200K MAD) get very simplified requirements: Annexes 10, 13-1, and 13-2. Medium buildings (200K-500K MAD) need simplified accounting: Annexes 10, 11, and 12. Large buildings (500K+ MAD) need full accounting: Annexes 3 through 10. Large tier also gets bonus simplified views (11, 12, 13-1, 13-2).

We'll break down each one in the detailed section below. For now, here's the quick reference:

✓ = Required for that tier. Small = very simplified (3 documents). Medium = simplified (3 documents). Large = full accounting (8 documents). Large also generates 11, 12, 13-1, 13-2 as bonus simplified views.

The honest answer: probably nothing right away. Government enforcement isn't aggressive yet. But co-owners are getting smarter. They're reading about their rights. They're asking questions. And one formal complaint to authorities can trigger an investigation.

Here's what you're risking:

• •Co-owner lawsuits. Any co-owner can take you to court for failing to provide proper accounts. Personal liability for financial losses.
• •Forced removal. The assembly or a judge can remove you as syndic if you repeatedly fail to meet accounting obligations.
• •Can't collect charges. Without approved accounts, you lose legal standing to pursue non-paying co-owners in court.
• •Assembly deadlock. If co-owners reject your accounts, you can't approve a new budget. No budget means no authority to spend. Everything stalls.

Compliance isn't optional. It's the law. The sooner you start, the easier it gets. First year is a learning curve. Second year? Much smoother.

Yes. No exceptions.

Volunteer syndics have the same accounting obligations as professionals. Law 18-00 makes no distinction between someone doing this for a living and someone doing it after work because nobody else in the building would step up.

The good news: most volunteer-managed buildings fall in the Small or Medium tier, which means the requirements are simpler. Small tier buildings only need Annexes 10, 13-1, and 13-2, and with proper software, generating those takes minutes. You don't need an accountant. You don't need a finance degree. You need consistent tracking throughout the year. Before committing to a tool, our framework for evaluating whether a software actually supports Décret 2.23.700 lays out what to ask in a vendor demo.

If you're a volunteer syndic feeling overwhelmed by this, check our volunteer syndic guide for practical tips on managing the workload.

This is the core of Décret 2.23.700. Each annexe serves a specific purpose, and together they paint a complete picture of a building's finances. Here's what each one is, why it matters, and what trips syndics up.

Charges Called (État des Charges Appelées)

Every charge you billed to co-owners during the year: regular monthly charges and special one-time assessments. It's your billing record.

Co-owners check this to verify they were charged the correct amount. If Ahmed from Unit 12 was billed 650 MAD/month plus a 1,500 MAD elevator repair in April, that's 9,300 MAD for the year.

How to track charges called from scratch

Charges Collected (État des Charges Encaissées)

What was actually paid. Not what you billed (that's charges called), but what landed in your bank account. The gap between charges called and charges collected tells you how much is unpaid.

If you billed Ahmed 9,300 MAD but he only paid 7,800 MAD, the 1,500 MAD difference shows up here, revealing who's behind on payments.

Pro tip: if charges collected is significantly lower than charges called, you have a collection problem. That gap is your unpaid balance, and it should trigger follow-up actions before the next assembly.

How to track charges collected from scratch

Annexe 3: الحصيلة / État de la situation financière (Financial Position Statement) Large tier only

Your building's financial snapshot on December 31. What the building owns (assets) versus what it owes (liabilities). Total assets must equal total liabilities. If they don't, something is wrong.

Assets include co-owner receivables (who owes money), bank balance, and cash on hand. Liabilities include the reserve fund, supplier debts, staff obligations, and any provisions for future work. It shows two columns: current year (N) and previous approved year (N-1) so co-owners can see how the financial position changed.

Annexe 4: حساب التسيير العام / Compte de Gestion Général (General Management Account) Large tier only

The full general management account. All revenue (regular contributions, works contributions, reserve fund, late fees) on one side, all expenses (water, electricity, maintenance supplies, cleaning, external services, taxes, staff costs, depreciation) on the other. Uses the full chart of accounts with account codes (Class 6 expenses, Class 7 revenue).

Shows two columns: current year actual (N) and the budget for approval (N+1). Co-owners see the result: surplus means you collected more than you spent, deficit means you went over budget. Either way, you need an explanation.

Annexe 5: الميزانيات / Budgets (Budget Comparison) Large tier only

The 4-column comparison that co-owners care about most. Same expense/revenue line items as Annexe 4, but with columns for: previous approved year (N-1), voted budget for current year (N), actual achieved (N) for approval, and provisional budget for next year (N+1) for vote.

This is where the assembly can see: did the syndic stick to the budget? Was last year's estimate close to reality? Is next year's forecast realistic given history? The elevator budget was 36,000 MAD but you spent 51,000? Annexe 5 shows that 15,000 MAD variance, and you better have an explanation ready.

How to prepare Annexe 5 from scratch

Annexe 6: أشغال وعمليات غير جارية / Travaux Non Courants (Non-Current Works) Large tier only

Tracks works and operations outside the regular budget: facade renovations, roof replacement, major plumbing overhauls, legal cases with dedicated funds. For each project: voted amount (with date), paid amount, completed amount, balance pending execution, and completed but unpaid amounts.

Example: the assembly voted a 250,000 MAD facade renovation. Contractor invoiced 180,000 MAD. Paid so far: 150,000 MAD. Remaining to execute: 70,000 MAD. Completed but unpaid: 30,000 MAD. This keeps big project money separate from the regular operating budget so nobody confuses the two at the assembly.

Annexe 7: تتبع الأشغال في الحساب الاحتياطي / Suivi du Fonds de Réserve (Reserve Fund Tracking) Large tier only

Tracks operations funded from the reserve account per Article 37bis of Law 18-00. Same column structure as Annexe 6 but specifically for reserve-funded work. Shows voted amount, paid amount, completed amount, and balance pending execution.

If the elevator broke and you used 15,000 MAD from the reserve fund to cover emergency repairs, this tracks it. Co-owners can see exactly how the reserve was used and how much remains for future emergencies.

Annexe 8: تتبع الاقتراضات / Suivi des Emprunts (Loan Tracking) Large tier only

Tracks building loans: loan date, lender name, amount borrowed, amounts paid during the fiscal year, and remaining balance. Most buildings have no loans, so this annexe is often empty. If your building took a bank loan for a renovation or major project, every payment and the outstanding balance gets tracked here.

Annexe 9: تتبع المعدات / Inventaire des Immobilisations (Equipment Tracking) Large tier only

Registry of equipment placed at the disposal of the co-ownership. For each item: type/nature, provider, date placed, value, and notes. Elevator (Otis Gen2, installed 2018, value 350,000 MAD). Security cameras (8 units, Hikvision, 2022, 24,000 MAD). Fire safety equipment (extinguishers + alarm, 2023, 15,000 MAD).

This isn't about daily tracking. It's an inventory of what the building has, who supplied it, and what it was worth. Update it when equipment is added or replaced.

Annexe 10: تتبع إسهامات المالك المشتركين / Suivi des Contributions des Copropriétaires (Co-owner Contributions) All tiers

The most important document. The official format is a summary table: one row per co-owner showing property reference (lot), name, annual contribution amount, opening balance (01/01/N), contributions due, payments received, and closing balance (31/12/N). Kassaba enhances this with a detailed ledger showing every charge and payment chronologically, which is what co-owners actually want to see.

When Ahmed gets this document, the conversation changes from "I don't owe anything!" to "Oh, right, the elevator repair. I forgot about that." Numbers on paper end arguments. That's why Annexe 10 is the most important annexe for building trust.

How to create Annexe 10 for each co-owner

Annexe 11: القوائم المبسطة / Simplified Statements Medium tier + Large bonus

Contains simplified versions of the balance sheet and management account in condensed format. Two columns: current period (N) and previous approved period (N-1).

For Medium tierbuildings, this IS your financial statement. You don't need the full Annexe 3 (balance sheet) or Annexe 4 (general management account). Annexe 11 gives you the condensed version that covers what the assembly needs to see: what the building owns, what it owes, what came in, and what went out.

For Large tierbuildings, Kassaba generates this as a bonus simplified view alongside the full annexes. It's useful as an executive summary for co-owners who don't want to read through 8 full annexes.

Annexe 12: الإيرادات والميزانية المبسطة / Simplified Income & Budget Medium tier + Large bonus

Simplified income and budget WITH comparison. Three columns: current year actual (N), previous approved year (N-1), and voted budget (N). Shows revenue, expenses, and the resulting surplus or deficit.

For Medium tierbuildings, this IS your budget comparison. You don't need the full 4-column Annexe 5. Annexe 12 shows co-owners: here's what we budgeted, here's what happened, here's the result. Revenue: 324,000 MAD. Expenses: 310,000 MAD. Surplus: 14,000 MAD. Clean and clear.

For Large tier, it's a simplified summary view alongside the full budget comparison in Annexe 5.

Annexe 13-1: بيان الوضعية المالية نموذج جد مبسط / Very Simplified Balance Small tier + Large bonus

An ultra-simplified 4-line balance sheet. That's it. Four lines:

1. Reserve accounts situation (Class 1)
2. Receivables situation (Class 3): who owes the building money
3. Debts situation (Class 4): who the building owes money to
4. Treasury situation (Class 5): bank balance + cash

Columns: current period (N), allocation (+), usage (-), previous period (N-1), and notes.

For Small tierbuildings, this replaces the full balance sheet. Your 6-unit building doesn't need a full Annexe 3. Four lines tell the whole story: "Reserve: 15,000 MAD. Co-owners owe us: 4,200 MAD. We owe suppliers: 2,000 MAD. Bank: 22,400 MAD." Done.

Annexe 13-2: حساب العائدات والتكاليف والميزانية نموذج جد مبسط / Very Simplified Income & Budget Small tier + Large bonus

Very simplified income and budget with comparison. Revenue broken into: contributions received, works contributions, reserve fund, other. Expenses broken into: supplies, external services, taxes, staff, other.

Five columns: approved budget (A), actual achieved (B), variance value (A-B), variance %, and next year budget (N+1).

For Small tierbuildings, this IS your income and budget document. It shows the assembly: here's what we budgeted, here's what happened, and here's our proposal for next year. Simple enough for any volunteer syndic to prepare.

Compliance isn't a December project. It's a year-round habit. If you track consistently, year-end takes a day. If you wait until December to start, you'll spend 2-3 weeks reconstructing the year from scattered receipts and WhatsApp messages.

These are the errors we see over and over. Every single one is avoidable.

The expensive mistakes (real stories)

Short answer: it depends on your tier and how comfortable you are with numbers.

If you're a volunteer syndic, start with software and only bring in an accountant if you're truly stuck. You're doing this for free already. Don't spend your evenings on spreadsheets when software can handle it.

The middle ground that works well: use software year-round for daily tracking. Hire an accountant for 2-3 days in December to review, verify, and put their stamp on your documents. Best of both worlds.

We built Kassabaspecifically for Moroccan co-ownerships, so compliance with Décret 2.23.700 is built into how the software works. You don't think about compliance separately. It happens as you track your building's finances throughout the year.

Kassaba is free to get started. If you're managing a building in Morocco and want to see how it works, create an account and look around. No commitment, no credit card.

Law 18-00 plus Décret 2.23.700 makes compliance mandatory. The consequences come in three flavors, and they get progressively worse.

Legal consequences

Co-owners can sue for lack of transparency. They can demand your removal as syndic. They can claim damages for financial losses they attribute to your mismanagement. A judge can order you to produce the missing documents and fine you for the delay.

Practical consequences

Without approved accounts, you can't approve a new budget. Without a budget, you can't legally collect charges. Without collected charges, you can't pay the security company, the elevator maintenance, the insurance. Everything cascades.

And if a co-owner doesn't pay and you take them to court, the first thing the judge asks is: "Are your accounts in order?" If they're not, your case is significantly weaker.

Relationship consequences

Co-owners lose trust. Assemblies become hostile. Every expense gets questioned. People stop paying because "the syndic can't even show us where the money goes." The pressure to resign builds.

If you're doing this manually in Excel, you'll need templates for each annexe. The basic structure for the core annexes follows the format described above: columns for dates, descriptions, amounts, and running balances.

You can build your own in a spreadsheet, or use software that generates them automatically. If you want to try Kassaba, it generates all required annexes from the data you track throughout the year. No manual formatting needed.

For questions about templates or compliance, reach out at [email protected]. We're happy to help.

Official documentation

• →Bulletin Officiel n° 7391(official government site)
• →Law 18-00 full text(co-ownership statute)

Related guides

• →Syndic Management in Morocco: Complete Guide (Law 18-00)
• →Volunteer Syndic Guide Morocco
• →MRE Property Management in Morocco
• →Syndic Accounting in Morocco: Practical Guide
• →Syndic Management App for Morocco
• →Syndic Bylaws Template for Morocco

Get help

• →Try Kassaba free(auto-generates all annexes)
• →WhatsApp(quick questions about compliance)
• →[email protected](detailed questions about compliance)