TrustRadius Insights
Users have found Reckon One to be a straightforward and cost-effective accounting software, making it excellent for startups. The data …
Starting at $12 per month
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What is Reckon One?
Reckon One is an online accounting software that caters to small businesses, freelancers, accountants, and bookkeepers. The platform offers a range of features including billing and invoicing tools, time and expense tracking options, bank reconciliation capabilities as well as jobs management functionalities....
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Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.reckon.com/au/accounting…
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $12 per month
Product Demos
Product Demo | UK | Reckon One
YouTube
Product Details
- About
- Competitors
- Tech Details
What is Reckon One?
Reckon One is an online accounting software that caters to small businesses, freelancers, accountants, and bookkeepers. The platform offers a range of features including billing and invoicing tools, time and expense tracking options, bank reconciliation capabilities as well as jobs management functionalities. With its flexible pricing model, users can select the modules they need while only paying for what they use.
Reckon One has a user-friendly interface which makes it easy to manage everyday finances. Businesses using this solution will appreciate the ATO-approval and STP-compliance that ensures tax regulation compliance. The tool also facilitates payroll management with built-in reporting features enabling organizations to calculate staff wages at the end of each cycle. Furthermore, Reckon One provides native mobile apps available for both Android and iOS users allowing them to create invoices, claim expenses or record timings for each job from their smartphone thus offering mobility capability. Lastly, the SuperStream compliance feature means all employees' superannuation contributions are made electronically ensuring correct procedures are followed within your organization regardingsuperannuation regulations.
Reckon One Features
General Ledger and Configurable Accounting Features
- Supported: Accounts payable
- Supported: Accounts receivable
- Supported: Cash management
- Supported: Bank reconciliation
- Supported: Expense management
- Supported: Time tracking
- Supported: Regulations compliance
- Supported: Electronic tax filing
- Supported: Self-service portal
- Supported: Journals and Reconciliations
Order Management Features
- Supported: Credit card processing
Payroll Management Features
- Supported: Pay calculation
- Supported: Direct deposit files
- Supported: Salary revision and increment management
- Supported: Reimbursement management
Reporting & Analytics Features
- Supported: Dashboards
- Supported: Standard reports
Customization Features
- Supported: API for custom integration
- Supported: Plug-ins
Security Features
- Supported: Role-based user permissions
- Supported: Single sign-on capability
- Supported: Multi-factor authentication
Reckon One Screenshots
Reckon One Videos
Reckon One Overview
Watch Reckon Youtube Channel
Reckon One Competitors
Reckon One Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | Australia, New Zealand |
| Supported Languages | English |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Users have found Reckon One to be a straightforward and cost-effective accounting software, making it excellent for startups. The data migration process to move from a prior accounting package has been seamless, and users appreciate the support provided by both online resources and technicians. Reckon One is known to have well-trained tech support that is always willing to help with any problem, no matter how simple or complex.
Reckon One provides invoicing ability, bookkeeping services, and the ability to access books anywhere with internet access which has proven incredibly useful for businesses. Users are particularly pleased with the tracking and reporting capabilities within the system, enabling better tracking of seasonal trends in sales figures. Additionally, Single Touch Payroll (STP) functionality has been positive for users, saving time in preparing income tax returns. Some users have found that Reckon One lacks features relevant to consulting-type businesses. Overall, however, users appreciate Reckon One's forgiving nature and ease of use compared to other accounting software options.
User-friendly interface: Many users have praised Reckon One's simple and user-friendly interface, making it easy to navigate accounting tasks even with minimal experience.
Affordable pricing: A significant number of users appreciated the affordability of Reckon One compared to other software in the market, making it a great option for freelance businesses or growing businesses.
Excellent customer support: Several users found the technical support offered by Reckon One excellent, with knowledgeable and pleasant technicians always available to help fix any problems.
Isolated Integration: Some users have expressed that Reckon One is not easily integrated with other tools, making it difficult to streamline their workflow and manage all aspects of their business in one place.
Challenging Logout Button: Several reviewers have reported difficulty in finding the logout button within the software, which can be frustrating when trying to secure sensitive financial information.
Lack of Inventory System: Many customers have expressed disappointment in the lack of an inventory system within Reckon One, forcing them to use additional software or manual methods to manage their stock.