Reckon One continues its transformation into one of Australia’s most accessible, value-driven business platforms for accounting and payroll, targeting small to midsize companies. As of 2026, Reckon One is challenging legacy brands and new challengers by combining automated compliance, flexible plans, and unlimited user seats at direct-to-founder pricing with compelling promos.
From Launch to 2026: Reckon One’s Product Timeline
- 2014–2018: Reckon One launches as an online module-based accounting suite, aiming for micro and small business adoption in Australia and New Zealand.
- 2019–2022: Focus on Single Touch Payroll (STP) compliance, ATO integrations, and rapid payroll module expansion, aiming to compete directly with Xero, MYOB, and QuickBooks AU.
- 2022–2024: Introduction of mobile apps (Payroll App, Invoices App), modernized UX/UI, deeper industry templates, and “Unlimited users” plan structure. Payroll streamlines for hospitality, retail, tradies, and more.
- 2025–2026: Roll out of smart migration tools, automated onboarding, expanded project/job costing, and advanced management reporting. By 2026, Reckon One cements its role as the cost-effective, founder-friendly alternative to large global players, boasting 100,000+ customers and rapid adoption across all business stages.
Key Features
- Accounting & Core Financials: Real-time dashboards, robust reconciliation, automated invoicing, expense capture, and fast GST/BAS prep. Reckon One offers deep customization for different industries and revenue models.
- Payroll & Compliance: Single Touch Payroll (STP) phase 2 ready, unlimited employee tiers, leave/super/PAYG, mobile staff self-service (Reckon Mate App), and powerful ATO integrations. Fast onboarding and employee app support.
- Invoicing & Payments: Send and track invoices from web or app, accept card payments via Stripe, with automatic reminders and templates per vertical. Projects and job costing included at higher plan tiers.
- Mobile Suite: Dedicated Payroll and Invoices apps plus browser access. All data is synced, including timesheets and receipts capture.
- Reporting: Over 30 standard financial and management reports-out-of-the-box, plus advanced reporting, project profit tracking, and scheduled reports for higher plans.
- User Management: Unlimited user seats at all levels; advanced access controls and accountant portal access.
- Migration & Onboarding: Free assisted data migration (up to one year of history), onboarding session, and step-by-step guidance for QuickBooks, Xero, and MYOB switchers.
Workflow & User Experience
- Modern, no-learning-curve UI tailored for both founders and bookkeepers
- Dashboard surfaces overdue invoices, cash flow, payroll deadlines, and live bank feeds at a glance
- Mobile-first workflows enable payroll and invoicing on the go
- Onboarding and support integrated directly into the dashboard, including contextual tips (human and AI-enabled)
- Permissions system enables unrestricted collaboration between business owners, advisors, and staff
Reckon One Pricing
| Plan | Key Features | Pricing (2026, AUD) |
|---|---|---|
| Accounting Plus | Unlimited users, BAS/GST, budgeting, 30+ reports, invoicing, projects, phone & chat support, free migration | $12/mo (promo, 50% off 3mo) – then $24/mo |
| Accounting Premium | All features, plus timesheets, unlimited projects, advanced reporting | $23/mo (promo, 50% off 3mo) – then $46/mo |
| Payroll Essentials | Up to 4 employees, STP, super, leave, full compliance, web & mobile app | $8/mo (promo, 50% off 3mo) – then $16/mo |
| Payroll Plus | Up to 10 employees, timesheets, pay templates, expense claims, free data migration, onboarding | $16/mo (promo, 50% off 3mo) – then $32/mo |
| Payroll Premium | Unlimited employees, all features, advanced reporting | $30/mo (promo, 50% off 3mo) – then $60/mo |
Competitor Comparison
| Platform | Key Differentiators | Pricing (aud, May 2026) |
|---|---|---|
| Reckon One | Unlimited users, native payroll for all plans, modular industry add-ons, rapid migration, AU-based support, most competitive entry price for SMBs | From $12/mo (50% off 3 mo), then $24/mo+ |
| Xero | Widely used, industry app ecosystem, robust reporting, high base fees, user caps on lower tiers | From $32/mo, payroll extra $10–$30/mo |
| MYOB | Bank feeds, industry options, AU legacy strength, steeper learning curve, premium for add-ons | From $30/mo (frequent promos, watch for price jumps) |
| QuickBooks AU | Intuit ecosystem, global support, useful for payroll; US-centric feel, higher pricing escalation | From $29/mo, more for payroll & projects |
Pro Tip: Reckon One’s migration team will move your book’s data—including up to one year of historical transactions—for free. This dramatically reduces friction if you’re switching from other platforms both for single-entity and multi-business owners. Use the onboarding session to fast-track your first BAS or payroll run!
Integrations & Industry Add-Ons
- Open Banking & live bank feeds (major AU/NZ banks)
- Stripe for invoice payments
- Reckon Payroll App, Reckon Invoices App, Reckon Mate (staff app)
- Export to common accountant and tax platforms
- Direct ATO lodgement for payroll
- General API connectivity for invoices, timesheets, and expenses; limited marketplace relative to Xero, but growing
Pros & Cons
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Final Thoughts
If you want bulletproof compliance, seamless payroll, and modern dashboards-for a fraction of the price of Xero or QuickBooks-Reckon One is the brand to watch in 2026. Unlimited users, zero lock-in, and a genuine free migration program make it a standout for small business owners, startups, and advisors demanding the best value and support. Consider the Premium plan if you need multi-entity reporting or job costing, but even the base package punches far above its price point given the current promotions.
Reckon One FAQ
Yes, it meets GDPR standards and supports HIPAA via a signed BAA on eligible plans.
Yes, white-label portals fully support your own domain and branding.
Ideal for consultants, service firms, and SMBs needing streamlined automation.
No-it integrates seamlessly with both services.
All plans include chat/email; higher tiers include onboarding and dedicated setup help.