The new purpose-built payroll app, which runs separately from its initial STP mobile app, includes in-built functionality to help businesses process government JobKeeper payments.
According to Reckon, businesses with access to the scheme can use its new app to automatically process the fortnightly subsidy of $1,500 per eligible employee.
The app’s launch comes as 540,000 Australian businesses are confirmed to have formally registered for the JobKeeper scheme.
Reckon’s CEO, Sam Allert, said the company made the decision in order to ensure the software provider was responding to the critical needs of Australian businesses impacted by the coronavirus crisis.
“The JobKeeper scheme is one of Australia’s biggest ever stimulus measures — it is helping keep people employed and businesses active in the face of tough economic conditions,” he said.
“At a time like this, everyone is doing their part.
“For Reckon, this means ensuring we’re delivering an affordable solution that makes access to JobKeeper stimulus payments easy for all small and medium businesses no matter how many employees they have.”
The app also delivers one-touch STP functionality to help businesses with one or more employees easily meet their ATO reporting obligations come 1 July this year.
Since launching a separate, free-to-use STP mobile app in May 2019, Reckon has processed 350,000 pay runs for 51,000 Australian employees to help businesses submit 380,000 STP reports to the ATO.
The new payroll app can be used on iOS and Android smartphones.