What are the benefits of small business accounting software?

Mobility Online accounting software like Reckon One gives you the flexibility and mobility to manage your finances from any device. Gain clarity over your business’s financial position, automate your accounting process & reduce data entry, track business transactions, get paid faster and more. The latest version Reckon One is automatically updated in the cloud. So you’ll always use the latest version without having to manually download compliance updates and accounting features. Cost-effective Reckon One pricing works on a SaaS (software as service) pricing model. So you pay a low monthly fee instead of larger upfront payment for your software licence. Paying month to month also means you aren’t locked into a contract and can cancel anytime. Security Your data is safely stored in the cloud so you won’t be affected by theft or accidents to physical hardware. All data servers have 24/7 security and several layers of encryption.

Is Reckon One accounting software for small businesses?

It’s common for businesses to go through peak and lull periods throughout the year. That’s why it’s important for business owners to have flexible accounting software like Reckon One that fits in with their business processes. With Reckon One, you can customise the features to suit your business needs and only pay for what you need.

Is Reckon One accounting software for small businesses?

It’s common for businesses to go through peak and lull periods throughout the year. That’s why it’s important for business owners to have flexible accounting software like Reckon One that fits in with their business processes. With Reckon One, you can customise the features to suit your business needs and only pay for what you need.

How do I convert from another accounting software to Reckon One?

It’s easy and free to convert from another accounting software to Reckon One. Please visit our conversion page for more information.

Do you provide training or customer support for Reckon One?

You can access training for Reckon One on the Reckon Training Academy. You can also get in touch with our network of partners (accountants and bookkeepers) for expert training and support in Reckon One for small businesses. You can also get in touch with our support team via phone or email.

What industries typically use Reckon One?

ReckonReckon One is the best accounting software for any businesses where customers purchase products or services and the business takes payments. See our Reckon One industry page for more information. Common industries that use Reckon One include: Trades Tradies love Reckon One online accounting software because it helps them track each job, manage estimates, bank accounts and credit card transactions and stay on top of TPAR reporting. Typical businesses that use online accounting software include: Plumbers Carpenters Mechanics Electricians The self-employed The self-employed used Reckon One online accounting software to manage expenses, invoice clients, automatically import transactions form their bank account and track payments. Reckon One also helps to navigate tax season and improve business decisions through real time reporting. Typical self-employed businesses that use online accounting software include: Photographers Designers Writers Musicians Services This sector references any service that you receive rather than a good. These industries use online accounting software to keep track of their financial performance, track expenses, manage a pay run, bank feeds and more. Typical small businesses that use online accounting software include: Hairdressers Nail salons Sporting clubs Non-profits Housekeeping Event management services

How can Reckon One accounting software help me be compliant with the ATO?

Reckon One is automatically updated with the latest compliance changes, helping your small business remain compliant all year round. You can also easily lodge your BAS and Single Touch Payroll reports directly to the ATO, saving you time. See how Reckon One can help you stay compliant with the ATO >

How does the pricing work for Reckon One?

Reckon One online accounting software is super affordable and starts from $10/month. Then only pay for the add-ons you need from $5/month including unlimited invoicing, automatic bank reconciliation, projects and more. It’s also easy to set up and use and you get a 30-day free trial. Check out our pricing >

RECKON ONE VS ROUNDED

Looking for a Rounded accounting alternative?

Get better bang for your buck with Reckon accounting software

Reckon One pricing starts from only $22/month, Rounded starts from $24!

PRICE COMPARISON

FREE DATA MIGRATION

Why choose Reckon over Rounded?

Reckon grows with your business, while Rounded stays limited to sole traders.

Save more with Reckon

Reckon’s entry-level plan is just $22/month, compared to Rounded at $24/month – that’s about 8% cheaper. Over time, those savings really add up, leaving more money in your pocket to reinvest in your business – all while still getting a complete accounting solution with the flexibility to scale as your business grows.

Payroll that grows with you

Rounded doesn’t include payroll at all, meaning you’ll need another platform to pay staff or report Single Touch Payroll (STP). That’s fine if you’re a sole trader, but limiting once you expand. Reckon offers integrated payroll from just $14/month, and even as your team grows, you can manage payroll and STP all in one place.

More features, fewer limits

Rounded’s Starter plan is missing key business tools like automated super, budgeting, and phone support, and even charges extra for bank feeds (from $29.95/month). Reckon includes all these features – automated super, budgeting, unlimited bank feeds, and built-in support – as part of your plan.

Built to scale, not stay small

Rounded is ideal for freelancers but can’t support growing businesses or company structures. Reckon is designed to grow with your business, whether you’re a sole trader, partnership, or company. From accounting to payroll, it’s all in one scalable, affordable platform.

*Pricing listed compares the monthly cost of Rounded’s ‘Starter’ plan. Pricing lists at the standard price, correct as of October 2025.

Get more features for less

Rounded ‘Starter’ plan vs Reckon One.

Send invoices

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Track expenses

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Pay runs & STP

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Payroll from $14 p/mth

Automate super

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Bank feeds

From $29.95/mth



Budgeting





Phone support





Try Reckon for free

Data correct as of July 2025

See all pricing plans >

Helping thousands of businesses with their accounting

Migrate from Rounded to Reckon for free

Moving your data from Rounded accounting to Reckon is quick and easy with our migration service. It’s free when you sign up for Reckon Plus or Premium plans.

Learn more