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What is Reckon One?

Reckon One is a cost-effective accounting solution designed specifically for small to medium enterprises, featuring capabilities like live cash flow monitoring, invoicing, payroll oversight, expense management, and tax compliance functionalities. The software's adaptable pricing model empowers users to choose only the necessary features, which can lead to significant savings. Furthermore, Reckon One is approved by the ATO and meets STP compliance standards, aiding users in maintaining organization and adherence to tax laws. With an intuitive payroll system that aligns with ATO regulations, businesses can effortlessly manage pay cycles, employee leave, superannuation, and Single Touch Payroll processes. Additionally, the platform offers unlimited online invoicing, complete with a 'Pay Now' option, which can enhance cash flow and streamline financial transactions. Recurring invoices and automated payment reminders also help minimize the time spent on administrative tasks. Moreover, Reckon One facilitates effective expense tracking and management, allowing companies to organize their expenditures while also enabling the attachment of receipts to claims for easier approval processes. This comprehensive approach to accounting ensures that businesses can operate efficiently while remaining compliant with relevant financial regulations.

What is Quanta?

Quanta serves as a holistic accounting solution tailored for software firms, delivering immediate insights into financial performance through a combination of automated bookkeeping, continuous reconciliations, and smooth integration with widely-used financial tools favored by startups. Its AI-enhanced general ledger automatically aggregates data from multiple sources, including banking, payment, payroll, and expenditure platforms, applying predefined rules to maintain the accuracy, consistency, and timeliness of financial records. Users are empowered to track essential metrics such as cash flow, revenue, burn rate, runway, accounts receivable, vendor transactions, and customer invoice statuses via real-time dashboards, ensuring they have immediate access to pertinent information. Furthermore, Quanta boasts advanced features for revenue recognition, departmental finance tracking, and tax filing management on federal, state, and local levels, incorporating assistance for R&D tax credit studies as well. In addition to these functionalities, clients gain the advantage of having a dedicated accounting professional on their team, which significantly improves their financial management support and strategic guidance. This comprehensive approach not only streamlines accounting processes but also fosters long-term financial health for software companies.

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Integrations Supported

Axis LMS
BetterHQ
Crystal Payroll
Data Sentinel
Datto RMM
Easyflow
FoodStorm
ForwardAI
Interpreter IO
Kynection KIM
PayPal
ProSpend
TSM
Time Tracker by eBillity
TimeDock
Wageloch
Workbooks Web Insights
Wufoo

Integrations Supported

Meow
Mercury

API Availability

Has API

API Availability

Pricing Information

$24 per month
Accounting Plus
For small businesses managing cash flow

- Enter payments and expenses
- Track and report GST for BAS
- See cash flow in real-time
- Create budgets
- 30+ insightful reports
- Phone & chat support
Free Version
Free Trial Offered?

Pricing Information

$250 per month

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook
Linux

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

Reckon

Date Founded

1987

Company Location

Australia

Company Website

www.reckon.com/au/

Company Facts

Organization Name

Quanta Financial

Date Founded

2025

Company Location

United States

Company Website

www.usequanta.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Expense Tracking
General Ledger
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
General Ledger
Payroll

GST

GST Compliance
GST Inventory Management

Categories and Features

Accounting

Not specified

AI Accounting

Not specified

Bookkeeping

Not specified

Finance

Not specified

Revenue Recognition

Not specified

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