Company news and small biz tips

From ringing in our half-year financial results to releasing a new payroll experience, the Reckon team has enjoyed an exceptionally busy August. As we countdown to the 2023 Reckonnect Accountants and Bookkeepers Conference (14-15 September), we share news and company highlights from the month that’s flown by, along with a few small business tips.

Reckon Limited's (ASX: RKN) half-year results are in!

On Tuesday 5 August, Reckon released news of its solid FY23 H1 financial performance. With group revenue of $28.2M (up 4% on the previous corresponding period), and EBITDA and NPAT up as well, shareholders were rewarded with a $0.025 fully franked dividend for the half.

“Reckon’s well-established Business Group continues to generate stable cash flow, providing us the flexibility to continue expanding and improving our cloud-based product offerings,” said CEO Sam Allert . “Our results were also underpinned by exceptional growth from our Legal Group.”

• ‘Reckon jumps 1pc’, Eddy Sunarto’s commentary in Stockhead | Read here >
• ‘Reckon sees big uplift’, Alinda Gupta’s write-up in The Sentiment | Read here >

Introducing a new Reckon Payroll experience

Did you know hundreds of thousands of customers in Australia get paid via Reckon Payroll? Well, your favourite employer compliance software has just undergone a refresh, and this month, we launched a new payroll experience.

Whether you have staff on your books and are looking for a payroll solution, or already use Reckon, the upgrade is set to streamline your admin with a host of benefits:

• Access our handy checklist in-product and begin reporting to the ATO via STP Phase 2.
• Say goodbye to GovConnect as you can now send STP submissions directly to the ATO.
• The user-friendly interface is built on the latest technology to ensure processing pay runs is quick and easy.

Countdown to the 2023 Reckonnect Accountants and Bookkeepers conference

The 2023 Reckonnect partner conference for bookkeepers and accountants is just two weeks away. Held 14-15 September at Hilton Sydney , this event will be one to relish and remember…

Our sponsors are on board, the event agenda is set, and guest speakers are confirmed. Tickets are selling fast but registration is still open and it’s not too late to snap up your ticket and secure your attendance.

• Connect with industry peers at two social functions: a harbour cruise and a gala dinner.
• Be inspired by keynote speaker Sam Bloom who has achieved extraordinary things in the face of adversity.

New resource hub especially for bookkeepers

Here at Reckon, we not only advocate for small businesses of all kinds, as you might have guessed, we’re also very much dedicated to our advisor audience in the accounting and bookkeeping industry (many of whom also happen to be small business owners as well).

In August, we launched a new content hub on the Reckon website with all the information you need to run and grow your practice. One of our favourite sections of the new hub is the marketing guide which includes tips on promotions, pricing and attracting clients.

What’s trending on the Reckon small business blog?

Be sure to bookmark the Reckon small business blog for the latest tips, news, compliance and technology updates. Headlining the blog this August:

• Elon Musk launches xAI to take on OpenAI: Proposing a model that’s “maximally curious” about humanity.
• Australia is overhauling its payment systems: How small businesses benefit from the changes.
• Simple money management moves for your side hustle: More people embrace digital tools to monetise their creative hobbies.
• Small business news wrap for the month: From the end of 3G to a new RBA Governor…

Kind Regards,

The Reckon Team