Reckon One
reckonone.comBuild Difficulty: 4/5
A few focused days to build a solid replacement
Accounting Software Perfect for Small Businesses
How to Replace Reckon OneOverview
Features
34 features across 18 categories
Accessibility(1)
Access accounting and payroll from any device - mobile or web with automatic sync across devices
Bank Integration(1)
Securely connect bank accounts using Open Banking or direct feeds
Bank Reconciliation(2)
Connect bank account and automatically receive transactions with secure bank feeds for faster reconciliation
Match payments, automate transaction categorisation, and reduce manual data entry
Customer Support(1)
Technical phone support Monday-Friday 8:30am-7pm and Saturday-Sunday 9am-4pm, plus chat support
Data Management(1)
Free migration service to move data from existing accounting system with 1 year of historical data plus year-to-date
Expenses(2)
Allow employees to create their own expense claims with customisable templates and approval process
Track, manage and store business expenses with ability to attach receipts and mark expenses as billable
Financial Planning(1)
Create budgets to manage finances, track and review budget progress, and compare budgets vs actuals year on year
Financial Reporting(3)
Track finances with easy report templates including profit and loss and balance sheets
Additional reports available with data visualisations, automated and scheduled reporting, and multi-entity reporting
Monitor accounting and cash flow with real-time reports and customisable dashboard
Invoicing & Billing(3)
Send automated invoice reminders via email triggered before, on or after due date with multiple outstanding invoices consolidated
Create and send unlimited professional online invoices with recurring invoice templates and payment reminders
Create and send unlimited invoices and bills, convert quotes to invoices in seconds with personalisation options
Mobile App(3)
Mobile app to manage invoices on the go, send and track invoices with automatic sync across devices
Free employee-facing mobile app where employees can add personal, banking, tax and super details, check payslips, leave balance and payment summaries
Mobile app to manage payroll from anywhere with updates syncing across devices
Payments(1)
Accept card payments via Stripe including Visa, Mastercard, Amex, Google Pay and Apple Pay
Payroll(5)
Batch email payslips to all employees with customisable email template and history tracking
Track leave and entitlements with automatic calculation of leave balances for employees
Manage templates that can be applied to one or multiple employees to support consistency and accuracy in payroll
Manage pay runs, leave, super and Single Touch Payroll (STP) with ATO compliance
Calculate, lodge and pay super directly in Reckon Payroll with SuperStream compliance and support for multiple funds
Project Management(1)
Unlimited project tracking with ability to assign invoices, time and bills to projects and track profitability
Security(3)
Sensitive accounting data stored in Australia under Australian law on AWS servers
Automatic backups ensure data safety and always on latest cutting-edge software version
Data encrypted and protected with bank-level security and 7-year data retention
Tax Compliance(2)
Calculate GST throughout the year and easily prepare BAS statement
STP Phase 2 compliant, ATO approved provider to send STP reports directly to the ATO
Team Collaboration(2)
Share access with accountant or bookkeeper to help manage business in real-time
Add as many admin users to account with unique permissions and login details
Timesheets(1)
Create timesheets for employees, clients or projects with approval workflow and ability to create pay runs from timesheet entries
Training & Onboarding(1)
One-on-one session with product expert to help get started with overview, invoicing, employees, and bank account linking
Pricing
Accounting Starter
- ✓Basic accounting
- ✓Bank reconciliation
- ✓Invoicing
Accounting Plus
Popular- ✓Create budgets
- ✓Track GST and manage BAS
- ✓Send unlimited invoices
- ✓Cash flow reporting
- ✓Create and send bills
- ✓35+ financial reports
- ✓Automatic bank connection
- ✓Free onboarding session
- ✓Free phone support
Payroll (Up to 4 employees)
- ✓Manage payroll for up to 4 employees
- ✓Manage wages, salaries
- ✓Set up pay schedules
- ✓Automatically calculate PAYG
- ✓Track leave and entitlements
- ✓Manage pay items
- ✓30+ insightful reports
- ✓Track timesheets
- ✓Process pay runs
Payroll (Up to 10 employees)
- ✓Manage payroll for up to 10 employees
- ✓Manage wages, salaries
- ✓Set up pay schedules
- ✓Automatically calculate PAYG
- ✓Track leave and entitlements
- ✓Manage pay items
- ✓30+ insightful reports
- ✓Track timesheets
- ✓Process pay runs
Cost Calculator
Keep Paying Reckon One
Build It Yourself
Total Cost Comparison
DIY hosting estimate based on Vercel + Supabase free/pro tiers (~$20/mo). Build time estimated from 34 features at easy complexity.
Build vs Buy
Should you build a Reckon One alternative or buy the subscription? Estimate based on 34 features.
Buy Reckon One
Better ValueBuild Your Own
Buying Reckon One saves ~$36,600 over 3 years vs building.
Estimates based on 34 features and a BuildScore of 4/5. Actual costs vary.
Integrations
3 known integrations