Qonto vs Reckon One: Complete Comparison (2026)
An in-depth comparison of Qonto and Reckon One to help you choose the right tool for your business.
Last updated: November 2026
Qonto
6.4/10
Qonto is a European online business account for freelancers and SMEs, combining a local IBAN, payment cards, transfers, invoicing, and expense tools.
Reckon One
5.9/10
Reckon One is cloud accounting and payroll software for Australian small businesses, covering invoicing, GST/BAS, bank feeds, inventory and Single Touch Payroll.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.4/10 | 5.9/10 |
| Scalability | 6/10 | 4/10 |
| Analytics | 5/10 | 5/10 |
| Compliance | 6/10 | 7/10 |
| Integration | 8/10 | 4/10 |
| Security | 6/10 | 5/10 |
| Support | 5/10 | 7/10 |
| Cost | 6/10 | 8/10 |
| Customization | 5/10 | 5/10 |
| Ease of Use | 8/10 | 7/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | €9/mo Basic | A$24/mo Accounting Plus |
| Estimated cost for 10 users | €49/mo Essential | A$24/mo Accounting Plus |
| Features | ||
| Bank Reconciliation | ||
| Expense Management | ||
| Invoicing | ||
| Accountant Access | Not listed | |
| Accounts Payable | Not listed | |
| Budgeting and Forecasting | Not listed | |
| Corporate Cards | Not listed | |
| Financial Reporting | Not listed | |
| General Ledger | Not listed | |
| Inventory Accounting | Not listed | |
| Online Payments | Not listed | |
| Payroll | Not listed | |
| Tax Compliance | Not listed | |
Qonto vs Reckon One cost by team size
| Team size | Qonto | Reckon One |
|---|---|---|
| 1 user | €9/moBasic | A$24/moAccounting Plus |
| 5 users | €49/moEssential | A$24/moAccounting Plus |
| 10 users | €49/moEssential | A$24/moAccounting Plus |
| 25 users | €49/moEssential | A$24/moAccounting Plus |
| 50 users | €49/moEssential | A$24/moAccounting Plus |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Qonto
- Higher Integration score (8/10 vs 4/10)
- Higher Scalability score (6/10 vs 4/10)
- Better fit for freelancers (9/10 vs 7/10)
Why choose Reckon One
- Higher Support score (7/10 vs 5/10)
- Higher Cost score (8/10 vs 6/10)
Pros & Cons
Qonto
Pros
- Low entry price: the Basic solo plan costs €9 a month, and every plan has a one-month free trial with no commitment.
- Team plans include unlimited users, so costs do not rise with headcount.
- A large integration directory covers DATEV, Sage, Tiime and Stripe, plus Zapier, Make and a public API.
- Accountants get unlimited access from the Smart plan, which makes bookkeeping handoffs easier.
- Reviewers on G2 and Capterra praise the interface and quick onboarding.
Cons
- Reviewers often report account freezes during compliance checks that hold funds for days.
- Support is described as slow or generic when an issue is complex.
- International transfers cost 0.56% to 1.8% with a €5 minimum, which adds up for businesses that pay in many currencies.
- Qonto is a payment institution, not a full bank, and offers no broad lending products.
- There is no full general ledger or financial statements, so a separate accounting tool is still needed.
Reckon One
Pros
- Every plan has a flat monthly price with unlimited users, so adding staff does not raise the bill.
- Reviewers often call it cheaper than Xero while covering the core invoicing and bookkeeping tasks.
- Payroll complies with Single Touch Payroll and Payday Super, and businesses can buy it on its own by headcount.
- Australian phone and chat support is open seven days a week.
- There is no minimum term, and a 30-day trial comes with a free onboarding session.
Cons
- Its app marketplace is much smaller than Xero's or MYOB's, and reviewers mention a lack of direct integrations.
- Reviewers find the help content confusing and say the newer payroll screens are not user friendly.
- There is no offline mode, which users have raised in Reckon's own community forum.
- Inventory is capped at 10 items unless you buy the Ultimate plan.
- It is built for Australian tax rules, so it is a poor fit for businesses elsewhere.
Not sold on either?
Frequently Asked Questions
Qonto scores higher on our Finance Software criteria: 6.4/10 against 5.9/10 for Reckon One. The largest gap is in Integration: 8/10 for Qonto and 4/10 for Reckon One.
No, neither Qonto nor Reckon One lists a free plan.
Qonto is the better fit for freelancers: we rate it 9/10 for them, against 7/10 for Reckon One.
