Accounts Hosted vs Reckon one

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Mary Z
Mary Z Member Posts: 6

Hi there,

Just trying to work out whether Accounts Hosted or Reckon One would best suit our small businesses.

We have 5 entities:

Company 1: Trading business that requires the basics no inventory just need purchase orders, invoicing, expenses, job tracking, bank feeds, pay subbies and 2 employees, single touch payroll. This will always be a trading company which may scale up or down depending on the building industry. Currently using excel.

Companies 2-5: Non-trading just need the basics and banks feeds. One of these companies may need to invoice at some point however the rest are just to capture ins & outs and BAS reporting. No payroll, no inventory. Currently using excel to captures these.

If I go Reckon One I have to set up for each company that is, one company will go premium with project tracking and the rest would be basic for now. It all adds up $50 + $8 + $8 + $8 + $8 = $82 p/mth

If I go Reckon Hosted then I can set up multiple companies and get the full function I assume at $67 p/mth as there will only be one user.

I have gone through a few videos and the community forum but interested to get the communities feedback for those who run more than one small business/companies or have clients in a similar sitiuation.

Thanks,

Mary Z

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,426 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited June 2021
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    “ … If I go Reckon Hosted then I can set up multiple companies and get the full function I assume at $67 p/mth as there will only be one user…”

    Yep, absolutely!


    Hands down RAH is far superior in EVERY way - interface/usability AND features! RAH has all the bells & whistles included already which you can enable/disable as you like in each Company File’s Preferences. As your entities grow/develop, there’s less likelihood of them “outgrowing” RAH than there is with a basic cloud option (eg R1 etc)

    I would always recommend RAH over R1 anyway but if it’s actually going to cost you LESS, you’d be mad not to do it in my opinion! ☺️

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Bruce
    Bruce Member Posts: 442 Professional Partner Professional Partner
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    Totally agree with Shaz; Vote 1 - RAH

  • Mary Z
    Mary Z Member Posts: 6
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    Thanks Acctd4 and Bruce.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,426 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited June 2021
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    The other big advantage with RAH is that - unlike R1 - you don't have to learn a new software as RAH looks exactly the same as the desktop version! 😊

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • GerryWinter
    GerryWinter Accredited Partner Posts: 1,235 Personal Range Expert Personal Range Expert
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    Just sent you an email asking you to call me.0418907140

    Gerry id 6376

    Gerhard Winter

    Ph. +61 0418907140

    Reckon Store Next Door

    "Always at your Service"

    Email: gwinter0808@gmail.com