Reckon, an Australia company that markets low-end accounting software, is developing a version of its cloud-based Reckon One for the United Kingdom. That was outlined in the company’s report of results for the first half ended June 30. “Investment in developing and establishing an infrastructure for a UK product has commenced,” the report said. It raises the specter of Reckon One, which competes with MYOB and Xero in its homeland, of going up against Xero and Sage One in the British Commonwealth motherland. Meanwhile, Intuit, whose products were formerly distributed down under by Reckon, will be entering Australia next year and Sage is expected to join the fight in the Outback Corral.