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Reckon One Logo

Reckon One

4.5
(55)

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Online accounting software for SMBs to analyze finances

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Reckon One Features

Features Summary

Functionality

4.4

/5

55

Total features

33

10 categories

Reckon One features

Account Reconciliation
Accounting
Accounts Payable
Accounts Receivable
Activity Dashboard
Automatic Billing
Bank Reconciliation
Batch Processing

Common features of Compliance software

API
Access Controls/Permissions
Activity Dashboard
Activity Tracking
Alerts/Escalation
Archiving & Retention
Assessment Management
Audit Management

Price starts from

12

Per month

Flat Rate

Pricing options
Free plan
Subscription
Free trial

Screenshots

Contenders comparison

Functionality

4.4

/5

55

Price starts from

12

Per month

learn more

Total Features

33

Unique features

  • Batch Processing

  • Expense Claims

  • Account Reconciliation

Functionality

4.4

/5

19.9K

Price starts from

ic-pricetag

No pricing info

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Total Features

209

Features in Common

27

Unique features

  • Chart of Accounts

  • Higher Education

  • Project Tracking

  • Expense Management

Functionality

4.7

/5

2.7K

Price starts from

25

/user

Per month

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Total Features

65

Features in Common

17

Unique features

  • Status Tracking

  • For CPA Firms

  • For Tax Practices

  • Approval Workflow

Common Reckon One comparisons

Reckon One logo
Xero logo
Reckon OnevsXero

Reviewers who mentioned features said:

En
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Erica n.

Marketing and Advertising, 11-50 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great Accounting Solution for small businesses

Reviewed 3 years ago
Pros

I would say affordability then ease of use. Since my business is still growing I had to switch to this product from another one and I haven't regretted. Invoicing has never been easier.

Cons

I am yet to see anything I don't like about this product

JC
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John C.

Construction, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Simple, flexible software

Reviewed a month ago

Good. Very happy.

Pros

The software is simple flexible and forgiving. I am a 30 year plus chartered accountant veteran. Reckon was one of the first to provide point, click and it would take you to the transaction or produce a report, it was intuitive, even for someone without too many IT skills or a small amount of accounting knowledge. These guys are the small It company providing service at levels above the mega IT accounting firms. Its personable, something unique in our changing world.

Cons

Its a "Con" and or also a "Pro" depending on your position ..... the system has not had a major overhaul in a long time ..... it looks a little dated.

SD
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Sharon D.

Nonprofit Organization Management, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Not for profit club

Reviewed a month ago

Found it easy to learn, and adapt to our needs.

Pros

Import bank statement and code to chart of accounts, as we go.

Cons

Our financial year runs from Jan to Dec, and that's not an automatic drop down selection option. We have to put in the exact dates.

RG
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Rita G.

Real Estate, 1-10 employees

Used monthly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Reckon One Payroll

Reviewed 22 days ago

I find the tech support always available and they do check in a few days later.

Pros

The user friendliness once you know how to navigate.

Cons

The migration of data integration could have been better as there were steps missed and had to be implemented later.

WN
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William N.

Accounting, 1-10 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Good Reckon Products and staff

Reviewed 10 days ago

Overall experience with Reckon has been good.

Pros

The reporting tools are user friendly and its presentation provide relevant details at a glance.

Cons

Some reports may take quite a long time to generate and print.

MM
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Michael M.

Sporting Goods, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Easy use for a small outfit.

Reviewed 5 months ago

When you have torn out all your hair and finally phone the help desk......you will find a helpful knowledgeable person on the phone..

Pros

There is a learning curve.... BUT... once you have done that learning... there are heaps of daily benefits. We make about 60 products and we sell to a relatively small market 0.1 % of population. The software allows us to quickly add clients and do their specific invoicing.The "Lists" mean that our most common items "lurk in the background" and just 2 or 3 keystrokes fill in the invoice line.We sell...

Cons

We use Reckon Online....Generally ok BUT.... it logs you out while you are with a client... especially near the end of the day.In some cases it is difficult to get back online.... but that is part of the learning curve..The search function is fabulous BUT you have to click the mouse... argh.. yes you cam press <enter> but nothing happens till you click the mouse.

AR
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Verified reviewer

Civil Engineering, self-employed

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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Good software for point-of-sale businesses; less use for consulting

Reviewed 2 years ago

I liked Reckon One and would have stayed with it if I could have had a few more features relevant for consulting type businesses.

Pros

Easy to get the hang of even for someone with zero accounting background, like myself. Decent simple, intuitive features (mostly). Great dashboard.

Cons

The feature set is aimed at point-of-sale and online retail type businesses. As a consultant with a micro-business, my accounting needs are not great, but they are more complex than Reckon One could handle. I was going to need to purchase one of the top tier versions of Reckon just to do the few simple extras that I required.

AB
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Ange B.

Retail, 11-50 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Reckon

Reviewed 4 months ago

Is a great software

Pros

It was quite easy to use and the reports are great. So easy to see who you have paid and who has paid you.Gst returns so easy. Payroll was good to

Cons

Sometimes hard to payday file. Paying employees had to do manually

HW
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Henry W.

Information Technology and Services, 1-10 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Excellent Packaged Software for SMB Accounting

Reviewed 7 months ago

Over support (online and with a technician) has been execellent. The Data migration process to move from prior accounting package is execellent

Pros

With Module based options depending on your business needs and the overall simplicity of using the software make this an excellent SMB package

Cons

Currently doesnt include a inventory system for managing stock

LS
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Louise S.

Retail, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Excellent support network

Reviewed 9 months ago

Generally very good, I particularly like the tracking and reporting ability. Being able to compare my sales figures annually with previous years. It helps me track seasonal trends.

Pros

I have used Reckon (formerly Quickbooks) for almost 19 years. I find it easy to work with, and the customer support, or technical support is excellent.

Cons

Only that each upgrade makes it a nuisance to have to relearn things - but that is just because I prefer to work with - if it is not broken dont fix it.

RM
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Rob M.

Wholesale, self-employed

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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director

Reviewed 10 months ago

ok

Pros

invoicing and accounting is what i use it for

Cons

the price and that i cannot go to a smaller version

AR
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Verified reviewer

Accounting, 1-10 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

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They did try

Reviewed 4 years ago

I really wanted Reckon one to shake up the market but all they did was shake up the user. I have been really disappointed with the performance (or lack of) with Reckon One. Their servers were slow making it painfully slow to try to use this software. I couldn't find repeating invoicing, or several other basics. They were full of hope and promises but just failed to deliver.

Pros

It did look cheap until you add up the cost of each module, then you realise, it's not cheap at all.

Cons

It's very late to market and decades behind the competition. It takes a lot of time and money to compete with the big boys and sadly this isn't something thatReckon One has. It has very little basic functionality and sadly, very little prospect of developing even the basics, any time soon. It's not nice to use, it's clunky and awkward and just frustrates me.

SB
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Steven B.

Hospital & Health Care, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Book keeping for beginners

Reviewed 9 months ago

Over the years the system has been very helpful doing my book keeping and the ease of sending information to my accountant.

Pros

The program reminded me of my bank statements which I found easier to use. The financial reports were detailed and easy to create.

Cons

I found it difficult to transfer data from my bank accounts into QuickBooks . This meant It was more time consuming to transfer data.

KC
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Kim C.

Accounting, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Reckon One, a reliable and cost effective software

Reviewed 3 years ago

Reckon One has been great for me, if I forget to invoice someone, doesn't matter where I am as long as I have internet, I can access my Book.

Pros

I like the how much you can get out of it for the price, compared to others in the market. It is easy to correct errors and has all the reports you need for small business, and has unlimited users. I also love that Reckon One is Australian Owned.

Cons

Some of the functions are aren't quite there, needs an on screen calculator for one.

MT
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Macit T.

Computer & Network Security, 11-50 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Successful

Reviewed 7 months ago
Pros

Simple interface and effective accounting software with all necessary hardware. You can save your data regularly and then print it out. It has many alternatives in this field, but what prompted me to use it was its easy-to-use and simple interface.

Cons

I didn't have a bad experience but more language support would be helpful.

MS
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Marisa S.

Packaging and Containers, 51-200 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Reckon Accounts Premier

Reviewed 9 months ago

Excellent experience as randomly have issues and if there is a technical issue the support is fantastic.

Pros

EASE AND PRACTICALITY OF USE. It is very user friendly and accurate reports can be generated.

Cons

There are no negatives as it is a fantastic accounting software.

MS
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Mandeep S.

Accounting, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Amazing software

Reviewed 9 months ago

Very good experience of this software

Pros

This software is very friendly and easy to use

Cons

Only some time it feels that the page is slow

KB
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Kim B.

Information Services, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great product

Reviewed 10 months ago
Pros

Easy to use. Assists in easy invoicing & accounts.

Cons

Setting up from scratch is difficult if not an expert at accounting.

JS
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Judith S.

Construction, 1-10 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Satisfaction of Product

Reviewed 7 months ago
Pros

Billing and Invoicing is very easy to use.

Cons

Don't think I have any does everything I need

ke
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keith e.

Management Consulting, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Reckon - has all the answers for a small business

Reviewed 6 months ago

i am very happy with the product and have taken advantages of the new developments as they appeared.

Pros

the ease of use in recording and drawing out the detail in reports

Cons

i have not found any problems in it yet. Everything i have wanted to achieve with reckon i have been able to do.

DH
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David H.

Hospital & Health Care, 1-10 employees

Used weekly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Reckon One for Wages

Reviewed 4 months ago

It is used for wages and Super for compliance with the ATO.

Pros

It’s easy to follow once setup. If you can’t understand any changes to your process the contact and follow up to assist you is immediate.

Cons

Nothing at all. The product was fit for purpose.

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Wayne v.

Online Media, self-employed

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Straight forward basic bookkeeping at a bargain price!

Reviewed 6 years ago

Cost effective simple straight forward accounting software for Australian Businesses. Excellent for startups.

Pros

Bargain price for a freelance business. Easily integrate with your bank accounts for easy bank reconciliation. Great Dashboard for quick critical information.

Cons

Not many integrations, lack of detailed user guide for setting up extra modules within the software.

DJ
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Don J.

Computer Software, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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Great value Financial product for small business

Reviewed 6 years ago

I switched from on MYOB to Reckon One. I was a customer of MYOB for over 20 years. Each year they continued to increase the yearly premium. Last year it was over 900.00. For a small business with a few employees, this was just outrageous. After reviewing Reckon one, I found it would do all MYOB was doing for me at 11.00 a month. They even would convert my MYOB file for nothing. That was it. Decided to change over to Reckon One and have not looked back. Been running it for a few months. Took a little to get used to but I've Done all the invoicing, has statements, accounting I need. Simply fantastic. Can even give my accountant a special login to do the yearly books. I'd recommend anyone looking to change over to give it a try. WILL SAVE YOU A PACKET

Pros

Functionality and price

Cons

Have a little bit of trouble doing bas and super payments

AR
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Verified reviewer

Internet, 1-10 employees

Used other for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend5/10

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Was recommended to me, but...

Reviewed 3 years ago

I played around with the software and it is relatively easy to use. I was hoping to have an onboarding call, as the system truly is feature-rich which makes it hard to really get started. I wrote to support but did not get a reply.

Pros

Overall it looked very feature-rich. Truly, my accountant recommended it to me considering I needed something to manage my accounts.

Cons

I had a major deal-breaker is that ING bank did not have direct integration. I use ING for all my business expenses because I work online, as they have zero international transaction fees. So I am not about to move away. But since there is no direct integration it makes it difficult to connect and make real use of the software.

AR
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Verified reviewer

Defense & Space, 1-10 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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accounting

Reviewed 3 years ago

once setup is great for BAS statement preparation every quarter

Pros

a very feature-rich piece of software which when setup provides a robust accounting experience for the small business

Cons

can be more expensive than others and has a steep learning curve for the novice or time-poor businessperson