Software Guide: Reckon One

Reckon One is a lightweight, low-cost accounting application designed for micro and small businesses. Its cheapest plan costs $10 per month. It has a modular design that is highly flexible. A business can buy a basic accounting and bank feeds plan with automated bank reconciliation for $20 a month, with a limit of 1,000 transactions. Adding invoices costs $27 a month, and $34 to add expense management.

Most competitors offer higher-priced and fully featured starter plans but no low-cost options. Reckon One aims to suit sole traders with minimal accounting requirements.