Reckon One Review Australia 2026

AU-MadeAccountingPayrollInvoicing
3.5 / 5SoftwareHQ editorial score

Editorial score, not a user-review average. How we score · How we test

Editorial verdict

Best Value AU-Built Accounting for Small Teams

Reckon One is still the cheap AU-owned modular option: Accounting Plus $24/mo and Premium $46/mo (AUD, GST included in the subscription price). Unlimited invoices and users. Payroll is a separate banded add-on. BAS is prepare-and-lodge-elsewhere unless you add GovReports. Vendor states AU data hosting.

Best for
Cost-conscious small businesses (1–10 employees) that want affordable AU-built, AU-hosted accounting and payroll without per-employee pricing.
Not ideal for
Businesses needing complex Modern Award interpretation, extensive third-party integrations, or direct BAS lodgement without add-ons.
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Pricing verified 8 Sep 2026 · Hosting verified 8 Sep 2026

By SoftwareHQ Editorial Team — Updated

Overview

Reckon One is australian-built cloud accounting with flat-rate payroll. Founded in 1987 and headquartered in North Sydney, NSW, Australia, it serves Australian businesses with local data hosting and AU-based support.

Feature highlights

These highlights come from vendor documentation and editorial analysis of public sources. They are not firsthand test results or a claim that every listed capability was exercised in a trial.

  • Flat-Rate Payroll Pricing

    Unlike Xero and MYOB which charge per-employee for payroll, Reckon One offers flat-rate payroll plans: $16/month for up to 4 employees or $32/month for up to 10 employees. This makes Reckon One significantly cheaper for businesses with multiple employees — a 10-employee business pays $32/month total, not $10/employee/month.

  • Australian-Built and AU-Hosted

    Reckon is one of the few ASX-listed (RKN) Australian-built accounting platforms. All data is hosted exclusively on AWS Sydney across 3 availability zones with AES-256 encryption. Unlike Xero (NZ-founded) or QuickBooks (US-founded), Reckon was incorporated in Australia in 1987.

  • Payday Super Ready via Beam

    Reckon Payroll includes built-in Beam SuperStream integration for processing super contributions. Available since July 2024, it lets you calculate, lodge, and pay super directly from Reckon Payroll with real-time validation — ready for the Payday Super deadline of 1 July 2026.

  • 100+ Bank Feeds via Open Banking

    Reckon One connects to all Big 4 Australian banks via direct feeds, plus 100+ additional financial institutions through Open Banking (ACSISS) and Yodlee aggregation. Three connection methods ensure broad coverage across major banks, credit unions, and neobanks.

  • Reckon Mate Employee App

    Reckon Mate is a free employee-facing mobile app that lets staff add their personal, banking, tax, and super details directly, which then syncs to Reckon Payroll. Employees can view payslips, submit leave requests, and track expenses from their phone.

  • Modular Pricing — Pay Only for What You Need

    Reckon One lets you choose accounting and payroll plans independently. Need accounting without payroll? Pay $24/month. Need payroll without full accounting? Start at $16/month. This modular approach avoids paying for bundled features you don't use.

AU Compliance Scores

These scores apply to Australian tax, payroll and banking capabilities where they are relevant to Reckon One. They are SoftwareHQ editorial judgements from public documentation, not firsthand product tests.

Not applicable means this product type is not scored on that dimension (for example BAS lodgement on a CRM). Not supported means the vendor does not offer it. Unknown means we could not verify it from public sources — that is not the same as unsupported.

BAS Lodgement
3/5Verified

Reckon AU pages: Track and report GST for BAS / easily prepare your BAS statement. They do not claim in-product ATO lodgement. Prior copy that GovReports is required for SBR lodgement was not contradicted.

STP Phase 2
5/5Unknown

Fully compliant with STP Phase 2 since September 2023. All payroll runs automatically report to the ATO including itemised income components (salary sacrifice, overtime, leave, bonuses, commissions, director's fees, and allowances).

Payday Super
5/5Unknown

Reckon Payroll is ready for Payday Super requirements effective 1 July 2026. Built-in Beam SuperStream integration lets you calculate, lodge, and pay super directly from Reckon Payroll with real-time validation and payment history. Available since July 2024.

Modern Awards
2/5Unknown

Basic Modern Award support via Pay Templates with classifications linked to employee agreements. Does not offer automatic award interpretation or penalty rate calculation like Employment Hero or KeyPay. Employers must manually configure pay rates for their applicable awards.

GST Handling
5/5Verified

GST tracking and BAS preparation listed on Accounting Plus/Premium. Automatic GST calculation remains in prior product copy and is consistent with Track and report GST.

Bank Feeds
4/5Verified

Direct bank feeds from CBA, NAB, Westpac, ANZ plus 100+ financial institutions via Open Banking (ACSISS) and Yodlee aggregation. Three connection methods: Open Banking, Direct Feeds, and Yodlee.

When this was checked

Status as of (page snapshot) against a 90-day review target. Checked dates are not updated when the site is rebuilt.

Editorial article date: . That is not proof that pricing, hosting, or compliance was re-checked.

  • PricingVerified

    Verified — checked 8 September 2026.

    reckon.com/accounting-software

    Accounting Plus $24/mo, Premium $46/mo. Compared on-page with Xero Ignite $37, QuickBooks Simple Start $33, MYOB Lite $35. GST included in subscription (Reckon staff). $1 for 6 months new-customer promo to 30 Sep 2026. Unlimited invoices.

  • HostingVerified

    Verified — checked 8 September 2026.

    reckon.com/accounting-software

    Vendor comparison table: data hosted in Australia. AWS Sydney region from prior copy not re-confirmed this check.

  • Bank feedsVerified

    Verified — checked 8 September 2026.

    reckon.com/accounting-software

    Connect bank accounts via Open Banking or direct feeds; sort/match/reconcile. Institution count not re-audited.

  • BAS lodgementVerified

    Verified — checked 8 September 2026.

    reckon.com/accounting-software

    Track and report GST for BAS / prepare BAS. No in-product ATO lodge claim on the pages opened.

  • GST handlingVerified

    Verified — checked 8 September 2026.

    reckon.com/accounting-software

    Track and report GST for BAS listed on accounting plans.

  • Modern AwardsUnknown

    Unknown — no field-level check recorded.

    No field check recorded

    Pay templates only in prior copy; not re-verified.

  • Payday SuperUnknown

    Unknown — no field-level check recorded.

    No field check recorded

    Payday Super resource URL listed; payroll-category verification is US-015.

  • STP Phase 2Unknown

    Unknown — no field-level check recorded.

    No field check recorded

    STP copy exists on Reckon payroll resource URLs; not re-fetched as a full payroll audit this accounting story.

  • SuperannuationUnknown

    Unknown — no field-level check recorded.

    No field check recorded

    Beam SuperStream in prior copy; not re-verified this check.

Pricing (AUD)

All prices below are in Australian dollars and include GST. Verified — checked 8 September 2026. Source: reckon.com/accounting-software.

Most Popular
Accounting Plus
$24/mo
AUD inc GST
Core accounting plan — unlimited users, invoicing, expense tracking, GST tracking, real-time cash flow, budgeting, 30+ reports, and bank feeds. Payroll is a separate add-on.
  • Invoices: unlimited
  • Bills: unlimited
  • Bank Reconciliation: Yes
  • Users: unlimited
Accounting Premium
$46/mo
AUD inc GST
All Accounting Plus features plus unlimited project management, advanced reporting, and timesheet tracking. Payroll is a separate add-on.
  • Invoices: unlimited
  • Bills: unlimited
  • Bank Reconciliation: Yes
  • Users: unlimited
  • Projects: Yes

Estimate first-year cost for Reckon One

Payroll add-on Flat-rate payroll pricing — not per-employee. Up to 4 employees for $16/month or up to 10 for $32/month. Key differentiator vs Xero and MYOB.

Pros & Cons

Pros

  • Flat-rate payroll add-on — up to 10 employees for $32/month, not per-employee
  • Genuinely Australian-built and ASX-listed (RKN) — HQ North Sydney
  • Vendor states data hosted in Australia
  • Unlimited invoices and unlimited users on Accounting Plus at $24/mo
  • AU-based phone support including weekends
  • Modular accounting vs payroll so you do not buy bundled payroll
  • STP Phase 2 and Payday Super copy still on payroll product pages (not re-run as a payroll-category audit)

Cons

  • BAS lodgement to the ATO is not built into Reckon One the way Xero/MYOB list lodge BAS — prepare in-product, lodge via ATO or GovReports
  • Small native add-on marketplace versus Xero
  • Basic Modern Award support only
  • AWS Sydney region not re-confirmed on a public security page this check

How this review was made

Reviews separate vendor documentation, editorial analysis and firsthand records. They are not interchangeable.

  • Vendor documentation — Public pages from Reckon One and other sites. Recorded HTTP(S) URLs are listed under Sources. A source URL is a document we recorded, not a claim that every sentence on this page was checked against that URL.
  • Editorial analysis — SoftwareHQ's written verdict and scores for Australian buyers. The header score is an editorial assessment, not a user-review average, not a lab result, and not a number derived from how many evidence records exist.
  • Firsthand records — This review has no firsthand observation records, trial walkthroughs, or screenshots from a logged-in SoftwareHQ account. Missing tests stay not tested.

This page does not rank products by speed or security from documentation or from evidence count.

Checked by SoftwareHQ Editorial Team. There is no named author profile for this page; attribution stays with the SoftwareHQ editorial team. How we test and the editorial policy for scoring, independence and affiliate rules.

Sources

Public pages recorded when this review was compiled. They are not a checklist that every claim was verified, and they are not evidence of hands-on product testing.

Bank Feed Compatibility

Reckon One supports automatic bank feeds from 100+ Australian financial institutions.

BankFeed TypeStatus
Commonwealth BankDirectActive
WestpacDirectActive
ANZDirectActive
NABDirectActive
Bendigo BankDirectActive
Bank of QueenslandDirectActive
St George BankDirectActive
Heritage BankDirectActive
Bank of MelbourneDirectActive
SuncorpOpen_bankingActive
INGOpen_bankingActive
MacquarieOpen_bankingActive
AMP BankOpen_bankingActive
ME BankOpen_bankingActive
Beyond BankOpen_bankingActive

Reckon One Alternatives

If Reckon One doesn’t quite fit your needs, consider these alternatives for Australian businesses:

  • Xero — Australia's most popular cloud accounting platform. From $37/mo inc GST.
  • MYOB — Australia's original business management platform. From $35/mo inc GST.
  • QuickBooks Online — Affordable cloud accounting from Intuit with strong global reach. From $33/mo inc GST.
  • FreshBooks — Invoicing-first accounting for freelancers and sole traders. From $29/mo inc GST.
  • Zoho Books — Affordable cloud accounting with a genuinely free plan. Free plan available.

Cost comparison

Original listed-price analysis for Reckon One in three Australian scenarios. Not a review score.

Original analysis
Accounting software cost comparison: three Australian scenarios
Original 12- and 24-month listed-price totals for Xero, MYOB and QuickBooks Online across a sole trader, a five-person e

Migration Guides

Step-by-step switching guides involving Reckon One for Australian businesses.

Hard
How to Switch Payroll Provider Mid-Year
4-8 hours · 7 steps
Moderate
How to Switch from Spreadsheets to Accounting Software
3-6 hours · 8 steps
Moderate
How to Switch from Manual Payroll to Software
3-6 hours · 8 steps

Related Compliance Guides

Guide
BAS Lodgement Guide for Australian Businesses
Business Activity Statements must be lodged quarterly or monthly with the ATO, reporting GST, PAYG i...
Guide
STP Phase 2 Explained — What Australian Employers Need to Know
Single Touch Payroll Phase 2 expands the data reported to the ATO with each pay run, including disag...
Guide
Payday Super 2026 — Employer Preparation Guide
From 1 July 2026, employers must pay superannuation on or before payday instead of quarterly. This i...
Guide
Modern Awards Explained for Australian Employers
Modern Awards set minimum pay rates, conditions, and entitlements for employees in specific industri...
Guide
Payroll Tax by State — Thresholds, Rates & Registration
Payroll tax is a state and territory tax on wages paid by employers above a threshold. Each jurisdic...
Guide
Workers' Compensation Insurance by State — AU Employer Guide
Workers' compensation is compulsory for all Australian employers and is managed by each state or ter...
Guide
Data Sovereignty in Australia — Where Is Your Business Data Stored?
Australian businesses are increasingly concerned about where their financial and employee data is ho...
Guide
How to Set Up Single Touch Payroll (STP)
Single Touch Payroll requires all Australian employers to report payroll information to the ATO each...
Guide
GST Registration Guide for Australian Businesses
Australian businesses must register for GST once their annual turnover reaches or is expected to rea...
Guide
Contractor vs Employee in Australia — How to Classify Correctly
Misclassifying an employee as a contractor is one of the most common and costly compliance mistakes ...
Guide
Superannuation Guide for Australian Employers
Employers must pay the Superannuation Guarantee (SG) for eligible employees at the current rate of 1...
Guide
Fair Work Compliance Essentials for Australian Employers
The Fair Work Act 2009 sets the national framework for workplace relations in Australia, covering mi...
Guide
Leave Entitlements by State — Long Service Leave & State Variations
While annual leave and personal leave are set nationally under the NES, long service leave (LSL) var...
Guide
ABN Registration Guide — How to Get an Australian Business Number
An Australian Business Number (ABN) is an 11-digit identifier required for most business activities ...
Guide
Tax Invoice Requirements in Australia — What You Must Include
Australian businesses registered for GST must issue tax invoices for taxable sales of $82.50 or more...

Frequently Asked Questions

Does Reckon One lodge BAS directly to the ATO?
Reckon One prepares your BAS with automatic GST calculations and BAS mapping, but direct lodgement to the ATO requires the free GovReports add-on from the Reckon Marketplace. GovReports uses Standard Business Reporting (SBR) to lodge directly to the ATO. This is an extra step compared to Xero and MYOB which have BAS lodgement built in.
Is Reckon One Australian-made?
Yes. Reckon Limited was incorporated in 1987 and is headquartered in North Sydney, NSW. It is listed on the ASX (ticker: RKN) and all Reckon One data is hosted on AWS servers in Sydney. Reckon is one of the few genuinely Australian-built accounting platforms alongside MYOB.
How much does Reckon One cost in Australia in 2026?
Accounting Plus $24/month and Accounting Premium $46/month (AUD). Reckon staff have stated the subscription includes a GST component; competitor tables also compare $24 against GST-inclusive Xero/MYOB/QuickBooks prices. Payroll is separate: Essentials $16 (up to 4 employees), Plus $32 (up to 10), Premium $60. New-customer $1 for 6 months promo was advertised through 30 Sep 2026. 30-day trial route is listed on comparison copy.
Is Reckon One ready for Payday Super?
Yes. Reckon Payroll includes built-in Beam SuperStream integration available since July 2024. You can calculate, lodge, and pay super directly from Reckon Payroll with real-time validation and payment history, meeting the Payday Super requirements effective 1 July 2026.
Does Reckon One have phone support?
Yes. Reckon offers AU-based phone support at 1300 756 663, Monday to Friday 8:30am to 7pm and weekends 9am to 4pm AEST. This is a significant advantage over Xero, which does not offer inbound phone support. Live chat is also available Monday to Friday 9am to 5pm.
Why is Reckon One's payroll cheaper than Xero or MYOB?
Reckon One uses flat-rate payroll pricing instead of per-employee pricing. You pay $16/month for up to 4 employees or $32/month for up to 10 employees — the same price whether you have 1 employee or 10. Xero and MYOB both charge additional fees per employee beyond their included limits, making Reckon One significantly cheaper for businesses with multiple staff.

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