Reckon Limited was founded by Greg Wilkinson in 1987, who was its chief executive officer until 2006.[6] Funded initially with the $2,000 credit limit on a friend's credit card, Greg Wilkinson started republishing and distributing Quicken & QuickBooks software products in Australia under a licensing agreement with Intuit.[7] For over 25 years, Reckon managed the marketing, distribution and development of these products.
In 2012, Intuit announced the decision to take back the QuickBooks & Quicken name, release a cloud accounting program called QuickBooks Online and start selling it in Australia. Reckon continues to sell QuickBooks desktop accounting software under its own brand, Reckon Accounts.[8] The Australian version of the Quicken personal finance products were renamed Reckon Accounts Personal in late 2012.[9]
In 2014, Reckon launched a cloud accounting program called Reckon One.[10]
In August 2017, Reckon completed the demerger of its Document Management division into a new London-based company called GetBusy.[11][12] Since then, Reckon has expanded its business ecosystem to include various products, such as Reckon Loans for business financing.[13]
In May 2022, Reckon agreed to sell its Reckon Accountants Group to UK-based Access Group for A$100 million. The deal included Reckon's APS and Reckon Elite software. The acquisition was completed in August 2022.[14]
In December 2024, Reckon acquired Cashflow Manager and Okke software solutions from the Money Management group for A$8.75 million. This acquisition saw Reckon absorb Cashflow Manager and Okke’s 20,000 customers, as well as 1,000 accounting and bookkeeping partners.[15]
