Business
Monthly Recurring Revenue
Definition
Monthly recurring revenue (MRR) is the predictable, repeatable income a business earns each month from ongoing service agreements or subscription arrangements. For accounting firms, MRR is often built through retainer arrangements where clients pay a fixed monthly fee for a defined scope of services. Increasing MRR reduces dependence on seasonal billing spikes and makes financial planning more reliable throughout the year.
Let TaxScout.ai handle the complexity
AI-powered tax preparation that understands every term, form, and rule.
Request Early Access