Table of Contents

General Settings

 

Book settings

Open Reckon One >   > Settings > General (section) > Book settings

 

Complete the required fields and information for your book. A red asterisk * denotes a mandatory field. Click on Save to update settings, and follow the breadcrumbs at the top of the screen to return to the Settings overview.

 

 

Report settings

Open Reckon One >   > Settings > General (section) > Report settings

 

Complete the required fields and information for the book. Click on Save to update settings and follow the breadcrumbs at the top of the screen to return to the Settings overview.  

Cash reporting of adjustment notes

This setting only relates to books where Reporting basis is set to Cash basis.

Reckon One has two options for reporting supplier and customer adjustment notes (aka credit notes) when a business has elected to report on a cash basis. A business can chose to either treat adjustment notes as cash whereby adjustment notes will appear in all cash-based reports, or not treat them as cash whereby they will not appear in cash-based reports.

Cash and non-cash (accrual) reporting differences

If your business reports on a cash basis, a transaction is not recognised in your cash ledger until cash is received. In other words, if you create an invoice for a customer and date it the 30th of June, but do not receive payment until the 7th of July, you are not required to pay GST or tax on that amount until the 7th of July (or the reporting period that the 7th of July falls within). However, if you report on an accrual basis, GST and tax is due for the date the invoice was dated, being 30 June in the previous example.

Although adjustment notes are not cash, their treatment can vary when reporting on a cash basis. From the 3rd of July 2023 Reckon One will allow the business to decide which option to use, and will default to Include in cash-based reports for all new books created on or after this date.

Below are examples of the effects on a cash ledger based on your treatment of adjustment notes.

The decision on which option to select can have GST and tax implications. Before changing this setting, we recommend you obtain advice from your tax accountant or registered BAS agent. We suggest, prior to saving, you print or export any relevant historical reports on a cash-basis such as a Trial Balance, Balance Sheet and Profit and Loss.

Cash basis reporting where an adjustment note IS NOT considered cash

Transaction

Payment

Effect on sales account cash ledger

Type: Invoice

Date: 30-June-2023

Amount: $100

Type: EFTPOS

Date: 7-July-2023

Amount: $100

$100 posted to increase sales on 7-July-2023

Type: Invoice

Date: 30-June-2023

Amount: $100

Type: Adjustment note

Date: 7-July-2023

Amount: $100

Cash ledger does not report the invoice or the adjustment note

 

Cash basis reporting where an adjustment note is IS considered cash

Transaction

Payment

Effect on sales account cash ledger

Type: Invoice

Date: 30-June-2023

Amount: $100

Type: EFTPOS

Date: 7-July-2023

Amount: $100

$100 posted to increase sales on 7-July-2023

Type: Invoice

Date: 30-June-2023

Amount: $100

Type: Adjustment note

Date: 7-July-2023

Amount: $100

$100 posted to increase sales on 7-July-2023

-$100 posted to decrease sales on 7-July-2023

Net effect = $0 (zero)

Regardless of which method the business chooses to use, you can report on adjustment notes created with transactional reports such as Aged debtors and Customer transactions available via the Reports Centre.

Email settings

Open Reckon One >   > Settings > General (section) > Email settings

 

Complete the required fields and information for the book. Click on Save to return to the Settings overview.

 

 

Managing roles

You can create unlimited roles in your book. A user can have more than one role applied to them. Roles are hierarchal, meaning that the role with the higher level permissions will override other lower level roles / permissions.

Open Reckon One >   > Settings > General (section) > Roles

 

 

Administrator: The administrator role is a global role to all areas and permissions in Reckon One.

Limited: The Limited role is a global read only role in Reckon One.

Payroll Administrator: These users will have full access to Payroll functionality

Superuser: The Superuser role is the same as the Administrator role in Reckon One except has limited permissions relating to users and roles.

Support: These users can be enabled to allow application support to be performed.

 

 

When a book is created you are automatically designated as an Administrator role. From the Roles overview, the Users column shows how many users are applied to each role.  To copy a role, select an existing role and then click on Duplicate to further customise it.

 

You can create new roles by clicking on Add.  Click on each relevant area for the role and select functions to give access or deselect to remove access. Once completed, click on Save & close.

 

 

 

 

 

 

 

 

Managing users

From the Reckon One Administration drop down menu , click on Settings. In the General settings area, click on Users.

 

Alternatively, you can go back to the Reckon Portal, click Account > Staff

 

When a book is first created, you will be the only user and by default be assigned an Administrator role. You can add other people within the business to the Portal so they can access your books. You can choose which books they have access to via a bulk selection. Note: You wouldn’t use this to add third parties e.g. bookkeeper or accountant.

 

 Staff (formally users) are now added via the Portal Dashboard and can be also be added to multiple books. They must have created a profile on the Portal before they can be added to a book.

To add a new user click Add staff.

 

 

Complete the email address (or username if known) of the staff member, and select Role using the drop down > select Admin or User.

 

The Roles at this level are whether they are Admin or a User in the Portal. 

 

Click Next.

 

It will prompt you to the User Permissions screen with a list of Application Permissions for the user. This screen is used to assign a role for the user. To assign a role, click next on the Edit pencil symbol on the same line item for the selected book.

 

 

It will prompt you to the User Permissions screen, where you can select the assigned role for that user. Select the tick box next to the role you wish to assign to the user. Then Save.

 

 

Once saved the staff member will have access to the book in Reckon One so be sure the correct role and permissions has been granted.

 

Remove a user

To remove the user’s access to the book, go to the Customer Portal > Account > Staff

 

 

Click on on the same row as the user, then Remove. 

 

 

This will remove access to the book but they will still exist as an active staff member within Reckon Portal.

 


Need more help?

Ask the Reckon Community at: https://community.reckon.com/categories/reckonone

Or Log a Support Ticket: https://www.reckon.com/au/support/

 

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