Reckon Limited is founded by Greg Wilkinson.
From the second bedroom of his Rose Bay unit, Greg and Phil Hayman start
The fledgling company is funded by the $2,000 credit limit on Phil's Visa
card and a loan against Greg"s old Commodore.
When Reckon Software Pty Limited opens for business, its only other asset is
Phil’s delivery van which is used for door-to-door sales.
Greg's co-worker in London, Steve Rickwood, moves to Sydney and joins the
company as an equal partner. Steve stayed with the firm until 2000 but remains a
Reckon republishes and distributes Quicken software under an agreement with
Intuit Inc. in the United States.
Quicken Personal is released in Australia.
QuickBooks is launched in Australia.
Reckon introduces its software to Singapore and New Zealand.
Quicken Investment Centre is released in November as the first transactional
product of Quicken.com.au.
Insurance Mart is initiated in May.
Quicken.com.au and QuickBroker debut in June.
QuickBooks Multi User is launched enabling multiple-user access to the highly
successful small business accounting package.
Listed on the Australian Stock Exchange as Reckon Limited at a premium of 167
percent above the issue price on 19 July.
QuickPOS, software for computerised cash registers with full back office
accounting, reporting and business management, is re-launched. Payroll Premier
Quicken Business Online, an extensive, aggregated information and resource to
help small and medium business run more effectively, is introduced in November.
Quicken.com.au is voted Best Brokerage Site 1999 in Australia by PC World
QuickBooks Online Banking is initiated in January. Developed jointly with the
Commonwealth Bank of Australia, it is the nation's first business accounting
package capable of online banking.
GST is introduced and, thanks to QuickBooks, SMEs are able to easily adapt to
the new tax system.
QuickBooks Pro is the clear winner in an RMIT independent research study
which analysed accounting software packages for SOHO (small office/ home office)
businesses. QuickBooks Pro is also voted Editor’s Choice in PC Magazine
Australia in April.
Quick.Broker is named one of Money Magazine’s “Best of the Best” as the
cheapest online share trading service in Australia.
Reckon announces a strategic partnership in February with Microsoft Australia
and demonstrates the powerful integration between QuickBooks 2002 and Microsoft
QuickBooks 2002 is released in March with more than 100 product enhancements.
The product advances users four years ahead of previous technology.
Quicken Australia and Microsoft Australia join forces in June to offer Smart
Tags Technology, a world first, to SMEs. The technology enables Microsoft Office
XP software to instantly extract data from the QuickBooks 2002 data file into a
Word, Excel or Email document.
QuickBooks Lite 2002, an entry level accounting package which integrates GST
tracking with BAS, debuts in June.
Quicken Personal 2002 wins the APC Editor’s Choice award in July and is
described as “powerful and packed with time-saving, real-world features”.
QuickBooks Plus 2002 earns the APC Editor’s Choice status in July and is
tagged “With complex functions placing it ahead of MYOB, QuickBooks Plus is
nevertheless easy to set up. MYOB may be the market leader but it’s far behind
QuickBooks in terms of speed and functionality."
QuickPOS Retailer 2002 is initiated in August. The software, designed in
Australia specifically for retailers, integrates the QuickBooks Pro and
Point-Of-Sale software products.
CashBook Home and Business 2003, a unique home and business software, is
released in September. It offers complete control over GST, PAYG and BAS and
other reports needed to meet tax deadlines.
Reckon and Microsoft unveil the latest version of Smart Tags for QuickBooks
2003 in March. The technology allows Microsoft Office XP users to marry
information from QuickBooks 2003 with Microsoft Word, Excel and Outlook files.
QuickBooks 2003 is launched in April marking the first time that Australian
and US versions of the software are released simultaneously.
QuickBooks Enterprise debuts in Australia in August.
Reckon acquires leading accountancy practice management software house, APS.
APC magazine describes the budgeting feature in QuickBooks Pro as "The best
we’ve ever seen in small business accounting software”.
Reckon finalises the acquisition of the Australian, New Zealand and United
Kingdom operations of the APS companies from APS Group Limited (NZ) in January.
APS is the world's first practice management solution to achieve Institute of
Chartered Accountants in England and Wales (ICAEW) accreditation.
QuickBooks Pro is named winner of the Best Small Business Accounting package
in Australian PC User’s Top 100 Products review in September.
QuickBooks Premier is rated as the Swiss Army Knife of small business
accounting software by In The Black, formerly known as CPA Magazine.
Reckon purchases the Desktop Super product and customers from the Desktop
Partnership in February.
Reckon signs an exclusive distribution agreement in February to deliver
Quicken SuperLink to QuickBooks customers.
Reckon acquires the Elite business from Elite Practice Solutions Pty Limited
The QuickBooks range is selected as Top Buy by PC User Magazine in August.
Australian PC User magazine honours QuickBooks as the “Best-Value Small
Business Accounting Software” in January.
Reckon buys the Shelco business, technology and customer base from Shelco
DataBroker Pty Limited and Shelco Services Pty Limited in March.
Reckon purchases the Intrepid business from Intrepid Internet Solutions Pty
Limited in March and the business of its New Zealand distributor, Rafael
Technology Pty Ltd.
In January, the Australian Financial Review names Reckon as one of the 20
Stocks to Watch.
The QuickBooks QBi series, widely regarded as a major step change in the way
accountants, bookkeepers and business owners operate and interact, is launched
Australian PC User magazine awards the QuickBooks QBi series its prestigious
Best Buy award in the publication's May issue, and in the July issue, Best
Reckon purchases Espreon Limited's Corporate Services and Cost Recovery
Businesses in November for $18 million.
Reckon completes the earlier acquisition of two Espreon units in January.
These will be integrated into Reckon's Shelco and APS businesses. The company
now offers a full line of products and services for the accounting, bookkeeping,
legal and professional services sectors.
Australian PC User magazine selects Quicken 2009 personal financial
management software as a Best Buy in its February issue.
QuickBooks Hosted brought to you by Reckon first launched.
Australian PC User magazine selects Quicken Personal 2009, personal financial
management software, as a Best-Value Personal Finance Program in the magazine's
New dynamic Company Snapshot tool made available in new release of QuickBooks
software in April.
Reckon GovConnect completed conformance testing for the Standard Business
Reporting (SBR) enabled BAS lodgement application. Reckon's self-certified
application was registered with the Australian government's SBR Program in
The QuickBook Hosted premium service, that can be used across multiple
platforms, launched in May.
Reckon launches the Reckon Financial Statement Designer (RFSD) as part of the
QuickBooks Hosted service in April.
CashBook Online is launched at an event held in July at Reckon's North Sydney
Payment summary lodgement through Reckon GovConnect made available in August