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What's New - Reckon Accounts 2020 R1


Reckon Accounts 2020 R1 is released, and is available for NZ users (Desktop & Hosted) and AU users (Desktop).

Accounts Hosted for AU is generally released in late June to include tax & budget updates. However, due to the current uncertainty around the Australian Federal Budget and decisions regarding COVID-19 tax relief, we may bring this release forward so you can access the new features earlier. If we do so, all users will be notified.

New Features/Enhancements

Reckon Accounts 2020 R1 contains exciting new features and enhancements, as well as bug fixes.


Home page enhancements

Applies to the Australian and New Zealand versions

The Home page has received a facelift with new colours (applies to default themes only) and modern icons.


Payment Receipt

Applies to the Australian and New Zealand versions

Thanks to our users who voted for this idea. You can now print/email Payment Receipt of Invoice/s in Reckon Accounts.

Find more information from here.



Find in Employee Centre

Applies to the Australian and New Zealand versions

You can now search for employee record/s based on your chosen criteria.

Find more information from here.


Find item by Barcode in Invoice

Applies to the Australian and New Zealand versions

You can now search for an item by its barcode in the Invoice now. You will need to add the new Barcode column in your Invoice template first to use this feature.

Find more information from here.


Secondary ID

Applies to the Australian and New Zealand versions

You can now add a Secondary ID of your business in Reckon Accounts. For example: NZBN, ACN etc.

You can then add this Secondary ID in your Invoices by customising the Invoice template.

Find more information from here.


Payroll Confirmation window enhancements

Applies to the Australian and New Zealand versions

Based on user feedback, we have now added Email Pay Slips and Process STP (applies to Australian versions only) buttons on the Confirmation and Next Steps window after you complete a Pay run in Reckon Accounts.


New salutations in the email templates

Applies to the Australian and New Zealand versions

Thanks to our users who voted for this idea. You now have more Salutation options to choose from that matches your personality. You can find it from Edit > Preferences > Send Forms > Company Preferences.


Overdue Stamp improvement

Applies to the Australian and New Zealand versions

Based on user feedback we have made a small change to the way an Overdue Stamp is triggered.

An Overdue Stamp now shows only if you have used a Term and the due date is passed. We've also reduced the stamp's size and added a transparent background.

If you do not wish to utilise the overdue stamp feature remove TERMS from the applicable template.


Tax File Number Declaration via Reckon GovConnect

Applies to the Australian version only

Thanks to our users who voted for this idea. You can now lodge Tax File Number (TFN) Declaration through STP via Reckon GovConnect.

Find more information from here.


Single Touch Payroll Lodgement window enhancements

Applies to the Australian version only

Based on user feedback, we have simplified the Single Touch Payroll Lodgements window.

Find more information from here.


Compliance update - AU

Applies to the Australian versions only

Using Salary Sacrifice to reduce Employer Contribution

Effective from 1 January 2020, you can no longer use Salary Sacrifice to reduce Employer Contribution (SA, CA).

In Reckon Accounts, you will now get a warning message if you want to select this option that can be found under Employee > change tabs to Payroll and Compensation Info > Super Details ...

You will also get an information message when you access the Employee Centre and Payroll Centre.


Western Australia State Payroll Threshold update

Applies to the Australian versions only

Reckon Accounts 2020 R1 includes the latest Western Australia State Payroll threshold that has been increased to $950,000, effective from 1 January 2020.


Compliance update - NZ

Applies to the New Zealand versions only

Reckon Accounts 2020 R1 includes the latest threshold of Student Loan and ACC Earners' Levy, effective from 1 April 2020.


Resolved Bugs

Below are the bugs addressed in Reckon Accounts 2020 R1.

  1. Cannot email Employer SGA Contributions Report if the first Employee from the list is not selected.
  2. No employees show in the STP Lodgement screen if the computer date is set to the US format.
  3. ETPPaymentDate is mapped with PayeeStopDate (Release Date) instead of PayDay (Payment Date) of the ETP payment for Finalise Event.
  4. Replace ", carriage return and tab with blank text when exporting STP json file.
  5. SUMETP on the exported STP payevents includes the total of LumpSum A,B, D, E amounts instead of the total of ETP Payments only. Please note that this field data doesn't get sent to the ATO and is only shown on the Reckon GovConnect for reference.

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