Matrix
Matrix vs Reckon One
Reckon One is an Australian accounting product priced by the modules you add. Matrix includes inventory, projects, multi-currency and fixed assets on every plan, with a CRM and project boards in the same product.
Why businesses choose Matrix
- Inventory and projects on every plan. Reckon One includes them from its Premium plan.
- Multi-currency and a fixed asset register with depreciation are built in.
- A CRM with a sales pipeline and deals, on the same contacts as your books.
- Kanban project boards for planning work sit beside the accounts.
| Capability | Matrix | Reckon One |
|---|---|---|
| Users | IncludedUnlimited users on every plan | IncludedUnlimited users on all plans |
| Pricing | IncludedPer business, never per user | IncludedPer book |
| Bank transactions | PartlyStatement import (CSV, OFX, QIF); live feeds coming | IncludedOver 100 Australian banks |
| Bank reconciliation rules | Included | Included |
| Invoices, quotes and reminders | Included | Included |
| Bills and supplier payments | Included | Included |
| GST and BAS preparation | IncludedCash or accrual, with BAS workpapers | Included |
| Lodge BAS to the ATO | ComingBusiness Pro | Not confirmed |
| Payroll | Higher plansBusiness Pro: pay runs, leave, timesheets, rosters and awards; no Single Touch Payroll | Paid add-onIncluded on the Ultimate plan |
| Multi-currency | Included | Not confirmed |
| Inventory | Included | Higher plansPremium and Ultimate plans |
| Projects and job costing | Included | Higher plansPremium and Ultimate plans |
| Fixed assets and depreciation | Included | Not confirmed |
| CRM: pipeline, deals and activities | IncludedBuilt in, same contacts as the books | Not confirmed |
| Project boards | IncludedKanban boards for planning work | Not confirmed |
| Public API | ComingBusiness Pro | Included |
Reckon One's features are from Reckon Limited's own website, checked on 27 September 2026. Plans and features change, so please check with Reckon Limited before you decide. Not confirmed means we couldn't confirm it from their published information, so we make no claim either way. Spotted something out of date? Tell us and we'll fix it.
Frequently asked questions
Can I move from Reckon One to Matrix?
Yes. Matrix's opening balances screen takes your balances and open invoices and bills at a date you choose, so you can switch at the start of a month or quarter.
Does Matrix run payroll?
Yes, on the Business Pro plan: pay runs, leave, timesheets, rosters and award rates. Single Touch Payroll isn't included, so you report pay to the ATO another way. Reckon One offers payroll as an add-on.
Sources
- https://www.reckon.com/au/accounting-software/
- https://www.reckon.com/au/accounting-software/bank-reconciliation/
- https://help.reckon.com/article/4y827yobbj-transaction-rules
- https://www.reckon.com/au/accounting-software/gst-bas/
- https://www.reckon.com/au/accounting-software/payroll/
- https://developer.reckon.com/
Reckon One is a trade mark of Reckon Limited. Matrix is not affiliated with, or endorsed by, Reckon Limited.
Moving from Reckon One? Try Matrix free
30 days free, no card needed. One price per business, and every user is included.
Charities and not-for-profits get 50% off.