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Reckon Product Ideas
Make a difference by sharing your ideas with the Reckon product development team. Your votes will directly influence the product roadmap and help guide our products future direction.

Please note all new ideas remain hidden from public view until reviewed by our team.

Announcement: September 2023

We are currently well underway building our next-gen user interfaces, starting with Payroll web and mobile (released), Invoices mobile (released) and soon, advanced Payroll, Reckon Mate enhancements, and Time web.

Where appropriate we'll add features from the Product Ideas Portal to both old and new interfaces, or, where new is replacing old, we'll add to the new range only.

Thank you for your patience - whilst we understand building new interfaces and products takes longer than adding a feature, we are certain the new designs will ultimately provide a better experience for all our customers.

The Reckon Product Team

Status Already exists
Workspace Reckon One
Categories Banking
Created by Guest
Created on Nov 17, 2020

Reconciliation of Liability Bank Accounts

Bank Loans are usually set up as Liability Accounts not Bank Accounts.

Ability to reconcile is essential. At the moment, there is no option to reconcile a liablity account

    Nov 18, 2020

    Hi Penny. In Reckon One, the account needs to be set up in banking so the user has the option to add a bank feed (if they want to). This will then allow the account to be reconciled.

    Of course, you still may want to be able to reconcile a non bank account, so cast your vote here:

    For loans and credit cards, you currently need to select the liability option when creating a bank account.

    You'll then see the account available in your reconciliation.

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