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RECKON ACCOUNTS END OF YEAR TRAINING SESSION

Do you want to save your accountants time and your money, while finding the best way to prepare and review your business’s end of year accounts? Find out how when you register to attend the Reckon Accounts End of Year Accounts Preparation training session.

This training webinar, hosted by Reckon & presented by Reckon Accredited Trainer Clayton Oates from QA Business reveals the key processes that must be undertaken to ensure your books are ready for your Accountant, minimising the potential for any unbillable time that’s required to prepare your Financial Accounts and Business Tax Return.

There are two session times available:

Tuesday 24 November 2020, 1:00PM - 2:30PM (AEDT) REGISTER NOW

Thursday 26 November 2020, 10:00AM - 11:30AM (AEDT) REGISTER NOW

What do I learn by attending this session?

• A simple step by step checklist to complete your end of year work before delivering to your Accountant.
• Deliver to your accountant exactly what they want and need from your software.
• Store your Year End Data so you are always ready for events such as raising capital, selling your business and the auditors.
• Maximise your business efficiency with a Structured & Proven system used by thousands of businesses over the past 20 years.
• Learn how to identify potential End of Year issues and fix them before giving your file to the Accountant.
• Find out about key business reports that you can produce for your Accountant in order to start a conversation on how to grow your business.

What do I get by attending the session?

• A comprehensive 30 page workbook to guide you through the production and review of all of your year end reports in you Reckon Accounts software.
• A practical walk through within the software of all of the steps in the workbook.
• Access to the Webinar recording.
• End of Year Reconciling Spreadsheets.
• Hints & tips on how to save your Accountant time in preparation of your year end work.
• Expert advice on how to fix the key issues that have been the biggest challenges for your Accountant in preparing your end of year work.
• Bonus Bookkeeping EOM Checklist (Valued at $49).

All this plus much more for only $99.

Numbers are limited so register today to avoid disappointment.

RECKON ACCOUNTS BUSINESS (DESKTOP) - OCTOBER TAX TABLES

The Government announced changes to personal income tax thresholds for the 2020-21 income year in the 2020 Federal Budget. Changes to income tax tables took effect from 13 October 2020.

Reckon Accounts tax update

We have released a new tax patch of Reckon Accounts that includes the updated 2020-21 ATO PAYG tax tables. You must install this update to remain payroll compliant for the 2020-21 financial year.

Prior to installing, please read the Installation & Upgrade Guide below.

Click HERE to download and install the new tax tables for Reckon Accounts Business 2020 (Desktop)

Note: The new tax table calculations will apply to payments made on or after 13 October 2020. Ensure you process employee pays for up to 12 October 2020 prior to installing this update; otherwise the pay calculations may not be correct. Find out more about the 2020 October tax update here.

UPDATE - 21/10 4:07pm

Hi everyone,

Just a quick update, the tax table update for Reckon Accounts Business 2020 above has been temporarily removed while our teams work out an issue that has become apparent.

The team identified an issue with PAYG calculation under the two specific scenarios;

TFT not claimed and the employee earns between $371 and $514 per week

STSL (Help and/ SFSS) with TFT not claimed and the employee earns between $371 and $514 per week

We are working through rectifying this as we speak and soon as its resolved the update will be re-released and I'll have more info to follow on this.

UPDATE - 22/10 1:05pm

A new version of the October tax table update for Reckon Accounts Business 2020 has now been released and is available. I've re-established the download link above so you can click through to it.

If you had installed the previous update, this new one can be installed over the top of it.

For step by step instructions on how to install the tax table update, please see our guide above.

Hi @Cheryl Begg

We've just received the specific information required to update our software from the ATO today. Our teams will work on it this week and we hope to have further information on when we can release updates to each product hopefully next week.

More news on this to follow so stay tuned.