Reckon One is a cloud-based accounting platform built specifically for Australian small businesses, covering invoicing, bank reconciliation, GST tracking, BAS reporting, payroll, and project management in a modular, pay-for-what-you-need structure. A key differentiator is pricing: Reckon One offers a competitive, affordable subscription with unlimited users included across all plans at no extra cost.

■ Key Features

• GST & BAS compliance: Calculates GST across all transactions and prepares BAS reports natively, with direct ATO lodgement built in.

• STP Phase 2 & payroll: ATO-approved payroll with STP Phase 2 reporting, automated super calculations, leave management, timesheet-to-payroll processing, and employee self-service via the Reckon Mate mobile app.

• Unlimited bank connections: Connects to all major Australian banks via Open Banking or direct feeds across all plans — with no cap on the number of accounts, unlike some competitors.

• Unlimited users: All Reckon One plans include unlimited admin users at no extra cost, with configurable permission levels — removing the per-seat pricing common on competing platforms.

• Modular pricing: Core accounting, payroll, and additional features such as projects, timesheets, and expenses are available as modules — allowing businesses to build a plan around what they actually use.
  
  

■ Who It's Best Suited For

• Australian micro businesses and SMEs (typically sole traders to ~50 employees) looking for a cost-effective, ATO-compliant accounting and payroll platform without per-user fees

• Businesses switching from an existing accounting platform that want comparable core functionality at a lower price point, with free data migration included

• Finance teams and accountants working with multiple users who need unlimited access without upgrading plans
  
  

■ Integrates With

Stripe (payments), major Australian banks via Open Banking and direct feeds, and select third-party apps via the Reckon Marketplace.