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Reckon approved to store NZ data in Australia

17 March 2014

Reckon approved to store NZ data in Australia

Accounting software provider Reckon has received approval from the Inland Revenue Department (IRD) New Zealand to store taxpayers’ business records offshore.

The permission, granted under section 22 (8)(b) of the Tax Administration Act (1994), allows Reckon to store records offshore for clients as a third party supplier.

As with all Reckon online accounting software products, this data will be stored in secure data centres in Australia. This means that users of Reckon’s online accounting products in New Zealand can be confident their data is stored in Australia with the approval of the IRD and that it will be stored in accordance with Australian privacy laws.

“We’ve been working closely with the IRD for some time to make it possible for Reckon to store data offshore on behalf of our customers and clients. We’ll now be communicating this change with our partners and customers so that they understand what their record keeping obligations are,” said Catie Cotcher, GM of Reckon New Zealand.

Editor’s note: Reckon’s approval to store data offshore and further conditions are listed on the IRD website.

About Reckon
Reckon is well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at www.reckon.co.nz

ENDS

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