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Reckon releases new Time & Expenses module for small business

Announcement posted by Reckon Limited 10 Sep 2014

Reckon, one of Australia’s leading accounting software developers, has today further expanded its unique modular cloud accounting program with the release of Time & Expenses. Reckon One now delivers online capability for Australian small businesses to keep track of how long specific jobs take and control expenses.

Reckon One, first launched in Australia earlier this year, now delivers key features many sole traders or micro-business owners need to effectively manage their finances and keep track of cash flow. The unique design of the program means that business owners choose and pay for only the features they use. 

Time & Expenses in Reckon One makes it possible for business owners to account for all time spent completing a job, as well as all the costs associated. Together with the Projects and Invoices modules already available in Reckon One, the new Time & Expenses becomes a powerful tool for small business owners to ensure all their activities are being accounted for, and they are billing clients correctly.

“Not everything that happens in a small business can simply be tracked back to a supplier or specific job. A small business owner’s time and their out-of-pocket expenses are both part of getting a job done. With the new Time & Expenses module in Reckon One this can be done on-the-go,” said Pete Sanders, MD of the Reckon Business Group.

Alongside the Time & Expenses module released today online reporting has significantly improved with new reports and new groupings now in Reckon One. Alongside new aged debtors and aged creditors reports users now also have an expanded report tab.

“Reckon One now provides the reporting engine behind many small businesses. It’s critical that this engine is user friendly and logical. Through customer and partner feedback we’ve made changes that make it easier for users to drill down into their performance quickly.”

Reckon One is available as a 30-day free trial, which includes the Core, Invoices, Projects and Time & Expenses modules, at www.reckon.com/one. The Time & Expenses module starts at $3 per month.