RECKON ACCOUNTS PLUS UPGRADE

Rachael Bonello
Rachael Bonello Member Posts: 48 Reckoner Reckoner
in Reckon Accounts (Desktop)

Good Morning,

Do we need to wait for End Of Financial Year before we upgrade our Reckon Accounts Plus?

Or can we upgrade it now?

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 13,607 Reckon Community Manager Community Manager

    Hi @Rachael Bonello

    The 2024 edition of Reckon Accounts supports both the 2023/24 and 2024/25 tax tables so you're more welcome to upgrade now rather than waiting.

    If you upgrade to the new version and still have pays to process for the current financial year then the only thing I'd recommend is selecting the 'No' option to update your super guarantee rate to 11.5% when the below message appears so that super calculates at the current 11% statutory rate.

    image.png

    Once you're ready to process your first 2024/25 pay just hit the Yes option so your Super Guarantee item updates to 11.5%.

    Hope that makes sense and let us know if you have any questions 🙂

  • Rachael Bonello
    Rachael Bonello Member Posts: 48 Reckoner Reckoner

    Hi Rav,

    I have just updated to the 2024 Reckon accounts as per email. Tax tables say 2425331. Is this correct?

    Will it only show the message for super after 30th June because i looked in an employees super and it still says 11%??

  • Rav
    Rav Administrator, Reckon Staff Posts: 13,607 Reckon Community Manager Community Manager

    Hi @Rachael Bonello

    Yes, that's the correct one for Reckon Accounts 2024. The 2024 version supports both the 2023/24 and 2024/25 tax tables.

    In regard to the super, the above message from my earlier post above should appear each time you try and process a pay unless you've ticked the option to not display it again.

    Once you've finished any remaining pays for the 2023/24 financial year, select the YES option on that message and it will update your super guarantee item to 11.5%.

    If you don't select Yes, or have selected the option to not show the message etc, it will remain as 11% however you can manually edit the item to 11.5% at any stage.

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