Reckon Blog

News and insights for small businesses

Get the latest industry news, including top tips from accounting and small business experts.
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Some hustle for the raise, we hustle for the praise ⭐ ⭐ ⭐ ⭐ ⭐
Need help with Reckon? No worries 👏⁠ ⁠ We’ve given our free help videos a shiny new home on the Reckon Community ✨ Easy, fast, and full of hot tips on how to get the most out of your subscription.⁠ ⁠ 🔥 Hot topics include 🔥⁠ 🤝 How to onboard new employees⁠ 💸 How to use pay templates for faster payroll⁠ 🗓️ How to complete your End of Financial Year (EOFY) finalisation for tax season⁠ ⁠ And more! Link in bio to check it out 🔗 ✨
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It’s tax season, baby 🤑 🏦 😭 🙏⁠ ⁠ Small businesses have unique tax needs, depending on their structure and income.⁠ ⁠ For example, sole traders like freelancers may just need to file their individual tax return 💸 (Plus their BAS if they need to pay GST 🎉)⁠ ⁠ Small businesses with employees, however, usually file a company tax return 🗓️ This is because the business is now a distinct legal entity. Company tax returns have different due dates and reporting obligations.⁠ ⁠ Need tax advice? See a tax agent! Every business is different when it comes to taxes, so they can help you file correctly and on time while maximising your eligible deductions 👏 😄⁠ ⁠ Link in bio to learn more 🔗 ✨
Is your cash flow more like a cash dam? 😐⁠ ⁠ Cash flow is the core of any business, so a cash flow statement tracks the money coming in and out 💰📊 If done correctly, it shows how well you cover daily expenses, repay debt, and fund future growth 🌱🤑⁠ ⁠ Haven’t made one yet? Link in bio to get started 🔗 ✨
You asked, our CEO answered! Here’s what we learned from the Reckon AMA 💬 🤔⁠ ⁠ Last week, we hosted an Ask Me Anything (AMA) on the Reckon Community with our CEO, Sam Allert 🙋 (And yep, it really was him!)⁠ ⁠ Typically, the Community is where small business owners can get support, learn about new updates, or vote on ideas 💡⁠ ⁠ But for one whole week, they could ask our most senior executive about anything, including:⁠ 🤔 His journey as a business leader⁠ 📲 What our roadmap looks like⁠ 💸 Our plans for our older products⁠ ⁠ And Sam answered honestly! Link in bio to read what he said 🔗 ✨ (Warning: the tea is hot ☕).
Deep in the pits y’all 😩 Who can relate?

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