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Hi everyone, On 2 August 2025, the Universities Accord (Cutting Student Debt by 20 Percent) Bill 2025 passed into legislation. The ATO has subsequently published new tax tables for employees with Study and Training Support Loans (STSL), effective from 24 September 2025. Key info 👉 Applies to employees with an STSL (Study…
Hi everyone We have been investigating reports of Reckon Accounts Desktop v34 and Reckon Accounts Hosted crashing with an unrecoverable error message when viewing an inventory adjustment transaction. What's the issue? This issue stems from a new enhancement introduced in the latest version designed to hide inactive…
The latest edition of Reckon Accounts Desktop includes a new feature to update your super guarantee rate. We've put together some key info and important things to know for updating your Super Guarantee rates in the new edition. How do I update my super guarantee rate? To update your super guarantee rate, click on Employees…
We're really excited to announce the latest edition of Reckon Accounts Desktop is now available! The new edition of Reckon Accounts Desktop can be downloaded from the Reckon Members Area What's new in Reckon Accounts Desktop 🆕 Dual Tax Tables This release of Reckon Accounts includes the tax tables for both the 2024/25 and…
Hi everyone, Just wanted to give you a heads up that GovConnect has received an update today which has brought in some highly requested enhancements to your dashboard view. Check out the inclusions of this update below. ✨ Say goodbye to the 'Shared with Me' tab The GovConnect dashboard screen has been simplified to show…
Businesses in the building or construction industry that pay contractors might need to report these payments to the ATO by submitting a Taxable Payments Annual Report (TPAR). This helps to ensure contractors accurately report their income and prevents under-reporting. How to enable Taxable Payment Annual Report in Reckon…
As the software updates every year, old versions of software can accumulate over time, taking up valuable disk space and sometimes causing conflicts with newer versions. In this #TipTuesday post, we’ll discuss how to remove previous versions of the Reckon software on Windows, ensuring your system runs smoothly and…
Bank Payments made easy? Are you sick of manually entering bank transactions to pay employees? Well look no further by using an ABA file to send your employees pay cheques after creating a pay run. An ABA file is used by all major Australian financial institutions to specify the payments to be made from your bank account…
Hi everyone On the 27th of July 2024, the Victoria State Revenue Office published changes to the Payroll Tax Threshold: From 1 July 2024, the payroll tax rate for Victoria is unchanged and remains at 4.85%. However, the payroll tax threshold is lifted from $700,000 to $900,000. As these changes were made public after the…
Upgrading to Reckon Accounts Desktop 2023 & STP Phase 2 - FAQ's ℹ Hi everyone With the release of Reckon Accounts Desktop 2023, I've put together some key FAQ's on upgrading to the new version and STP Phase 2. When is Reckon Accounts Desktop 2023 releasing? Reckon Accounts 2023 Desktop is out now! Your 2023 download is…
STP Phase 2 Migration Assistant ℹ Hi everyone! The new STP Phase 2 Migration Assistant is the easiest way to get your business ready for the switch to STP Phase 2. The Migration Assistant will be included in Reckon Accounts Desktop 2023 and it will step you through the employee information and payroll items you need to…
