What is MRI accounting software?

MRI accounting software refers to specialized software solutions designed for managing the financial operations of businesses, particularly in the real estate and property management industries. These software packages typically include features for general ledger accounting, accounts payable, accounts receivable, budgeting, financial reporting, and often integrate with other property management functions like lease administration and rent collection to provide a comprehensive financial overview. It helps businesses track income and expenses, manage cash flow, and ensure compliance with accounting standards.