transferring account to new owner

Jo Armstrong
Jo Armstrong Member Posts: 15 Novice Member Novice Member
edited December 2024 in Reckon One
I currently have reckon one core medium and payrol lite and am wanting to transfer my account to a new owner of my business. Can someone please advice where I can find help on this.
Thanks 

Comments

  • Zappy
    Zappy Accredited Partner Posts: 5,258 Accredited Partner Accredited Partner
    edited December 2019
    Not sure you can do it. Why do you want to any way?
  • Jo Armstrong
    Jo Armstrong Member Posts: 15 Novice Member Novice Member
    edited December 2019
    I am selling my business mid way through the financial year. It also saves the new owner from having to enter all the employee information again.
  • Zappy
    Zappy Accredited Partner Posts: 5,258 Accredited Partner Accredited Partner
    edited December 2019
    They're buying a business and they're too lazy to spend a few hours setting up their own company file. Hmmm. I think they're in for a bit of a shock. Seriously it's not that difficult. I could do it in an hour. All the information in the file is specific to a particular ABN. There's a reason for this.
  • Joydeep Singh
    Joydeep Singh Reckon Staff Posts: 23 Reckon Staff Reckon Staff
    edited December 2019
    Hi Jo,

    In Reckon One there is an option to do Ownership transfer of the Book. Please note that to perform an ownership transfer they should have a Reckon Customer Portal. Please visit this link below for steps to perform the ownership transfer in Reckon One. Please let us know if you have any difficulties.

    https://help.reckon.com/reckon-customer-portal/products/reckon-one/transferring-ownership

  • Jo Armstrong
    Jo Armstrong Member Posts: 15 Novice Member Novice Member
    edited December 2019
    Thank you.
  • Zappy
    Zappy Accredited Partner Posts: 5,258 Accredited Partner Accredited Partner
    edited December 2019
    Joydeep that's perverse. If I was selling my business there is no way I would be giving access to all my financials to another person. It's never been part of a contract of sale I've seen.
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