Bonsai ◆
Bonsai is an all-in-one business management platform for freelancers and service teams, covering CRM, proposals, contracts, invoicing, time tracking, and expenses.
from $9/user/mo
About Reckon
What is Reckon?
Reckon is a cloud-based accounting and payroll software designed for small businesses. It helps you monitor day-to-day income, expenses, and cash flow, create and send professional online invoices, and manage wages, leave, super, and Single Touch Payroll. With locally hosted data in Australia, Reckon ensures your information stays secure and compliant.
Who is Reckon for?
Reckon is ideal for Australian small business owners, sole traders, and bookkeepers who need straightforward, affordable software. It's particularly useful for businesses with employees, as payroll and super features are integrated. Reckon also suits those upgrading from spreadsheets or needing a simpler alternative to more complex systems.
Key benefits and use cases
Reckon saves time with its easy-to-use interface, allowing you to automate invoicing, bank reconciliation, and payroll tasks. For example, a tradesperson can send invoices on-site, track payments, and process wages in one place. Accountants and bookkeepers can manage multiple clients through accredited advisor programs, while businesses with employees benefit from STP-compliant payroll and super management, trusted by over 400K Australian employees.
Reckon also offers industry-specific solutions, such as for hospitality and retail, and additional products like Accounts Hosted and Cloud POS. With a 30-day free trial, unlimited users, and starting at just $1/month, it's a cost-effective choice for many small businesses.
Key features
- Accounting — Monitor income, expenses, and cash flow with real-time reports.
- Invoicing — Create and send professional online invoices that customers can pay on any device.
- Payroll — Manage wages, leave, super, and Single Touch Payroll efficiently.
- Bank Reconciliation — Easily match transactions and keep your books accurate.
- Jobs & Projects — Track time, costs, and profitability for specific jobs.
- Employee Expenses — Record and reimburse employee expenses with ease.
SaaSpartout Score
7.4
/10
Editorial score from our review methodology — not user ratings.
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Why are you looking at Finance & Accounting tools today?
Reckon Pricing
Reckon pricing: from $1/month.
Reckon One
Starting from $1/month. Includes basic accounting features for small businesses. 30-day free trial, cancel anytime.
Reckon One with Payroll
Includes payroll management, STP, and super. Pricing varies based on number of employees. 30-day free trial.
Reckon Accounts Hosted
Desktop accounting hosted in the cloud. Pricing on request, includes remote access and data security.
All plans come with a 30-day free trial and unlimited users (where applicable).
Frequently asked questions
How much does Reckon cost?
Reckon starts from $1 per month for basic accounting. Payroll and advanced features may cost more. A 30-day free trial is available.
Is Reckon free?
There is a 30-day free trial, but no permanent free plan. After the trial, you choose a paid subscription.
Who is Reckon best for?
Reckon is best for Australian small businesses, especially those needing integrated payroll and STP compliance. It's also used by bookkeepers and accountants.
What are the top Reckon alternatives?
Alternatives include MYOB, Xero, QuickBooks, and Sage. Reckon is often praised for its affordability and local data hosting.
Does Reckon support Single Touch Payroll?
Yes, Reckon supports STP in its payroll features, helping you stay compliant with Australian regulations.
Can I use Reckon on my mobile?
Yes, Reckon offers mobile apps for invoicing, payroll, and general accounting, allowing you to manage your business on the go.
