So what does this all mean for the US market? Not much, Smartvault is heavily relied upon as a solution for bookkeepers utilizing QB and QBO in the US and will continue to be used in the same fashion. Reckon will adopt the Smartvault platform and create the appropriate connections to their system in Australia. Once the program has been adopted into the Australian market, the company will have to spend the time and money to deliver an accounting product that fits the needs of US based accountants and businesses. All in all...when you attend an accounting conference, smartvault may have a new logo and brand - but other than that, don’t expect to see any expansion or attempted conversions to Reckon One Accounting anytime soon.