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Description
The implementation of GST has brought a renewed optimism for the simplification of the complex landscape of indirect taxes in India. This streamlined tax system has paved the way for innovative software solutions that can enhance the efficiency of both tax professionals and business owners. The software allows for detailed reconciliation at the supplier level or even at the invoice level, enabling users to reconcile transactions over various time frames, such as monthly, quarterly, or annually. Furthermore, it offers flexibility by allowing users to include or exclude reverse charge invoices and to disregard minor discrepancies in order to concentrate on more significant variances. The advanced features include intelligent linking of invoices based on patterns in invoice numbers, which facilitates comparison even when invoice numbers differ. Users can easily export mismatch reports in Excel format, and they have the option to filter invoices based on their mismatch status. This tool is capable of finding and matching invoices across all periods, providing a comprehensive reconciliation capability for any custom timeframe. It also summarizes overall data and period-specific information, including invoice mismatch summaries and reconciliation of summary data like B2CS. By allowing users to ignore minor differences and employing pattern-based invoice number matching, the software stands out as a valuable asset for effective tax management. Through these capabilities, businesses can achieve greater accuracy and efficiency in their tax reconciliation processes.
Description
Reckon One is an affordable accounting software that's ideal for small and medium-sized businesses. It offers real-time cash flow tracking and invoicing, payroll management, expense tracking and tax compliance features.
Reckon accounting software has a flexible pricing structure that allows users to select only the features they require (and save money).
Reckon One is ATO approved and STP-compliant. It helps users stay organized and in compliance with tax regulations.
SIMPLIFY COMPLIANCE & PAY YOUR EMPLOYEES
Payroll software that is easy to use and compliant with the ATO. Manage pay runs, leave, super, and Single Touch Payroll.
UNLIMITED ONLINE INVOICING
Professional invoices with a 'Pay Now' button can increase cash flow and boost cash flow. Recurring invoices and reminders for payment will reduce the time it takes to complete tasks.
Reckon One allows businesses to track, manage, and store expenses. Reckon One also allows them to attach receipts to claims for approval.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Aussie Time Sheets
No
Axis LMS
No
Cloudcon
No
Crystal Payroll
No
Data Sentinel
No
Datto RMM
No
Datto Workplace
No
Easyflow
No
FoodStorm
No
Nexus Service Manager
No
Integrations
Aussie Time Sheets
Yes
Axis LMS
Yes
Cloudcon
Yes
Crystal Payroll
Yes
Data Sentinel
Yes
Datto RMM
Yes
Datto Workplace
Yes
Easyflow
Yes
FoodStorm
Yes
Nexus Service Manager
Yes
Pricing Details
$313.00/year/user
Free Trial
No
Free Version
No
Pricing Details
$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
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 Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Octa Soft Solutions
Founded
2013
Country
India
Website
octagst.com
Vendor Details
Company Name
Reckon
Founded
1987
Country
Australia
Website
www.reckon.com/au/
Product Features
Billing and Invoicing
Billing Portal
Yes
Contact Database
Yes
Contingency Billing
Yes
Customer Portal
Yes
Customizable Invoices
Yes
Dunning Management
Yes
Hourly Billing
Yes
Invoice History
Yes
Mobile Payments
No
Multi-Currency
Yes
Online Invoicing
Yes
Online Payments
Yes
Payment Processing
Yes
Project Billing
Yes
Recurring/Subscription Billing
Yes
Service Ticket Billing
Yes
Tax Calculator
Yes
GST
GST Accounting
No
GST Billing & Invoicing
No
GST Compliance
No
GST Inventory Management
No
GST Reporting
No
GST Tax Credits
No
GST Tax Filing
No
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
Yes
Billing & Invoicing
Yes
CPA Firms
Yes
Cash Management
Yes
Cryptocurrency Support
No
Expense Tracking
Yes
Fixed Asset Management
No
Fund Accounting
No
General Ledger
Yes
Government
No
Multi-Currency
No
Nonprofits
Yes
Payroll Management
Yes
Project Accounting
Yes
Purchase Orders
Yes
Tax Management
Yes
Bookkeeping
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
Yes
Billing & Invoicing
Yes
Cash Management
No
Collections
No
Expense Tracking
No
Fixed Asset Management
No
General Ledger
Yes
Payroll
Yes
Revenue Recognition
No
Spend Management
No
Tax Management
No
GST
GST Accounting
No
GST Billing & Invoicing
No
GST Compliance
Yes
GST Inventory Management
Yes
GST Reporting
No
GST Tax Credits
No
GST Tax Filing
No
