Matrix
An alternative to Reckon One
If you are looking for an alternative to Reckon One, Matrix is Australian accounting software that keeps a real double-entry ledger — GST, BAS, invoicing, bills and bank reconciliation — with a CRM and project boards in the same product, priced per business rather than per user.
What changes when you move from Reckon
- 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 Spotted something out of date?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.
Moving your books to Matrix
1
Bring your chart of accounts
Import it from a CSV file. Matrix matches the columns, skips accounts you already have, and adds the right prefix to codes that need one.
2
Start from your balances
Enter your opening balances, and the invoices and bills still unpaid on the day you move, so nothing owed is lost between the two.
3
Check it agrees
Matrix produces a reconciliation report showing everything agrees before you start, and your whole team signs in at no extra cost.
Frequently asked questions
How do I move my books from Reckon One to Matrix?
Choose a date to switch — the start of a month or quarter is easiest. Import your chart of accounts from a CSV file, then enter your balances and the invoices and bills still open on that date; there's no need to re-enter history. Matrix produces a reconciliation report showing everything agrees before you start.
Can Matrix replace Reckon One's payroll add-on?
For paying people, yes: payroll is on Matrix's Business Pro plan, with pay runs, leave, timesheets, rosters and award rates. It doesn't include Single Touch Payroll, so you would report pay to the ATO another way. In Reckon One, payroll is 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.
Looking for a Reckon alternative? 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.