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RECKON ROLLS OUT CLOUD ACCOUNTING

reckonReckon, once Intuit’s agent for marketing products in Australia, has unveiled a cloud accounting application called Reckon One,   said to have a designed-by-you approach to enable businesses to select functionality they need. Interesting, since the low-end product Sage is introducing in its markets is called Sage One. Given the penchant for companies to go international with low-end products, it’s always worth keeping an eye out for these.
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After all, Exact is bringing Exact Online to this country and we could see British Dynamics VAR mHance do the same with its low-end offering. Reckon had a long-term contract for selling QuickBooks and Quicken in Australia, but is going on its own.  It has the right to develop products based on Intuit technology, but not to use Intuit product names. Designed-by-you appeals to me. I have long envisioned mix-and-match features primarily because I yearned for the best word processing features of Microsoft Word, WordPerfect and the nearly forgotten former favorite of journalists, XyWrite. A common core of data and logic to work the system to turn features on at will seemed like the way to go. Enough for my dream, the Core version of Reckon One provides, what else, core modules for about $4.80 per month U.S. The Lite version adds BankData, Invoices, Time & Billing, and Projects at about $16.40 per month. Medium packages offers the core but ups the capability of the added Lite modules to produce Medium modules with the same names for $27 per month. This tiered approach is typical of what is on the market in the new generation of low-end cloud accounting.

 

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