Avoid unnecessary staffing costs with scalable accounting support
Accounting and financial reporting are critical for your real estate business. That means ensuring accuracy across your entire portfolio while keeping up with reporting and compliance requirements. You also need to adapt quickly to market shifts – and fluctuating demand for accounting services.
Fortunately, you don’t need to worry about high costs of scaling your team. MRI Software offers comprehensive accounting services to residential and commercial real estate organisations. Let our accountants do the heavy lifting. You get high-quality, personalised accounting support that ensures you always have the resources to be confident in your data.
MRI Managed Services for Property Accounting helps organisations that need to:
Scale to support forecastable, cyclical service demands.
Adapt quickly to unplanned changes in the business
Ensure business continuity when managing staff churn
Maintain skilled accounting teams without excessive recruitment costs
Secure, flexible, and cost-efficient accounting services
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Service charge assistance
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Financial statement preparation
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Bank statement reconciliation
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Accounts receivable assistance
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Accounts payable assistance
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Journal entry posting
Service charge assistance
Service charge assistance
MRI Service Charge Accounts streamline the entire lifecycle, from budget planning to year-end reconciliations, ensuring accuracy and efficiency.
Financial statement preparation
Financial statement preparation
Standard reports include monthly or quarterly balance sheets, income statements, budget vs actuals income statement, rent roll, aged debtor, trial balance, and general ledger detail. Many other reports are available and can be added by request.
Bank statement reconciliation
Bank statement reconciliation
All bank statements are reconciled to the transactions in your property management system, ensuring completeness of your financial records.
Accounts receivable assistance
Accounts receivable assistance
We can raise charges and send invoices to tenants, send tenant statements, or post receipts to your property management system.
Accounts payable assistance
Accounts payable assistance
Our team will enter invoices into the AP module, code to the correct expense account, or check the expense coding as requested.
Journal entry posting
Journal entry posting
We can post directly into your property management system like prepayments and accruals, interest income, and transfers between bank accounts. We can also post monthly journal entries for depreciation and amortisation expenses, and more.
Global Key Facts
500+
firms using property accounting services provided by MRI
300000+
units managed by clients
30%
average savings vs. in-house accounting
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