What's New - Reckon Accounts Hosted 2022 R2 - AU

Reckon Accounts 2022 R2 contains legislative changes, minor enhancements, and the latest PAYG Tax Scales for the 2022/23 Financial Year.

New features

Reckon Accounts users now have the capability to attach links to external files, such as documents or images, to various lists and transactions in Reckon Accounts. These documents can be stored in cloud storage such as Dropbox, Onedrive, Google Drive etc, or your own network drive. The choice is yours.

For more information view this article

Remittance Advice retains the last used template

The Remittance advice will now remember the last used template after printing or emailing.

Send Forms window added with 'Remove All' button

A 'Remove All' button is added to the Send Forms window allowing users to quickly clear and remove all outstanding forms to be emailed without being sent.



Compliance updates

Tax scales

Reckon Accounts 2022 R2 contains the latest Tax Scales for the FY 2022/23. The tax rates for personal income tax brackets remain unchanged for the 2022-23 income year. However, the Study and Training Support Loan (STSL) indexation rates have changed.

SGA default rate increase

The ATO has announced an increase to the default Super Guarantee rate as of 1st July 2022, from 10% to 10.50%.


Default Super of 10% in Reckon Accounts will automatically be updated to 10.50%. Before updating your copy of Reckon Accounts, ensure to read and follow the Upgrading to Reckon Accounts Hosted 2022 (R2).

Removal of Monthly Minimum Threshold for SGA

The ATO has announced the removal of the $450 Monthly Minimum Threshold for Super Guarantee for all employees starting on the 1st of July 2022. Employers will be required to make super guarantee contributions to their eligible employee's super fund regardless of how much the employee is paid.

REFERENCE
Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Act 2021

In Reckon Accounts, the $450 Monthly Minimum Threshold amount for Super Payroll Item types will automatically be updated to $0.00 during the upgrade. This would immediately calculate super contributions payment for SGA for all employees when earnings are greater than zero.

The $450 Monthly Minimum Threshold still applies for pay runs with Payment Date on or before 30 June 2022. Therefore, make sure to process the final pay for FY2021/22 before upgrading.

For under 18 years old employees, Super payments are:

  • Required when working more than 30 hours in a week
  • Not required when working 30 hours or less in a week


Enhancements

Overlapping text when creating a backup within an Accountant's copy file

The Note label on the Save File: Type window above "Options" button was adjusted. This has been resolved.

Large window size for Non-Inventory items when editing

When editing a Non-inventory type item, the window is very large and out of the window frame whereas other Item types are fine. This has been resolved.

Company Backup File (.QBB) Clean-up

Starting from the 28th of May 2022, Reckon Accounts Hosted will be performing a clean-up of backup files for each user to ensure the best possible experience for everyone. Backup files (QBB) that are over 365 days old will automatically be removed. This will be performed on an ongoing quarterly basis.



SDK changes

The changes below apply to third-party integration providers.

Added <IsTaxIncluded> for Bill Credit

The Reckon Accounts SDK now allows sending of Gross amounts to Bill Credit transactions.

Supported request
  1. Add
  2. Query

Resolved SDK bugs

The Add request issues were fixed for the following transactions:

  1. Sales receipts
  2. Adjustment notes
  3. Estimates
  4. Sales orders
  5. Purchase Order
  6. Bill


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