Godaddy Online Bookkeeping Outright Review

godaddy bookkeeping

It was very easy to use except for when their remote logins looked like hacking attempts to my credit union. If I talked to three different CSRs about a data problem, I’d get four different excuses why it didn’t work as well as an admonishment that they didn’t support my financial institution. Organization – Because GoDaddy has purposely designed its online bookkeeping program to be simple, it does not incorporate a lot of features – which means you don’t really have to organize anything. The tabs presented at the top of the page include Overview, Income, Expenses, Invoices, Time, Taxes, Reports and Manage. It is important to understand that GoDaddy’s online bookkeeping software is quite basic, which means you don’t really have to be a tech guru to understand anything.

godaddy bookkeeping

A nice bonus feature is that we get it for half price, which we just pass on to our clients. Even better, unlike with Bench, if you leave us you take the file and all your history and ownership of the bookkeeping with you rather than having to start over.

Godaddy Bookkeeping Reviews

It’s leading quality is being super super simplified so that you don’t need any accounting knowledge to understand it. It consumed financial data automatically which was a big win. So for a one-person business it cut down a lot on bookkeeping overhead. Then GoDaddy bought them out and instead of letting the product operate independently they rolled it into GoDaddy head first.

With the most expensive GoDaddy Bookkeeping plan only costing $14.99 per month, there’s no doubt that price is one of the biggest benefits of this platform. This is the most expensive of the three plans—although still very affordable—and provides additional capabilities for businesses with recurring customers. The most affordable of the three GoDaddy Online Bookkeeping options, the Get Paid plan will cost $4.99 per month. This bookkeeping service emerged from GoDaddy’s acquisition of the software company Outright Accounting and now the software falls under the GoDaddy brand name. You can also manage client info, invoices and estimates for projects, and see who still needs to pay your invoices. One of the main reasons you’ll enjoy using GoDaddy Bookkeeping is because of their mobile app.

Quickbooks Desktop Enterprise

Which is why I prefer to use GoDaddy’s software over QBSE. We help you save time and money by reviewing great software. I was looking to try some bookkeeping software and stumbled onto this one.

godaddy bookkeeping

Although GoDaddy does offer domain hosting, they also provide the online bookkeeping service that we’re discussing, aptly called GoDaddy Bookkeeping. Or what paying an accountant to simply calculate your quarterly taxes might cost.

There is very little to do when it comes to setting up with GoDaddy. Once you have purchased your chosen tier, you’ll be ready to get started setting up the platform to suit your needs. There’s no live chat – something we hope they add in the future. GoDaddy Online Bookkeeping is fairly user-friendly; we’ll give them that. The dashboard is easy to understand, the overall software is rather straightforward and if you aren’t sure, they have plenty of resources to help you find what you need. However, as your business grows and it becomes a entrepreneurial force to be reckoned with, you may quickly outgrow a program like GoDaddy Bookkeeping. When you file your taxes, you are asked if you carry inventories in your business.

Godaddy Bookkeeping Pricing And Tiered Features

I wish to delete my feedback profile and all personal data from this site. Log into your GoDaddy Online Bookkeeping account and click on Add Another Account on the left hand side. Syncing your scanned receipts from Shoeboxed directly into GoDaddy Online Bookkeeping is easy. Automatic, daily imports of your data means no more data entry and managing complicated spreadsheets. And, you’ll have charts & spending summaries at your fingertips. Your business books always updated no matter where you are.

  • This also includes several options for your customers to send you payments, making it even easier to get paid on time.
  • It’s $40 per year and you can automate pretty much your entire bookkeeping process.
  • The tabs presented at the top of the page include Overview, Income, Expenses, Invoices, Time, Taxes, Reports and Manage.
  • In addition, the software sends an automated “thank you” email to clients following payments in order to maintain customer engagement.

Aside from ticking all the boxes for basic bookkeeping, GoDaddy’s software wins out due to being easy to use and integrate. It’s also truly cross-platform, being cloud-based and available for mobile devices. The 30-day money back guarantee ensures that you can try the platform risk free, so you can take that time to decide if GoDaddy Bookkeeping is right for your SMB. Need to calculate and track your estimated quarterly tax payments? You can have GoDaddy Online Bookkeeping automatically calculate it out, track your payments and even estimate future earnings – so you don’t have to guess those pesky estimated payments anymore. Because there’s no employee management, you cannot file payroll taxes.

Godaddy Bookkeeping Vs Freshbooks: Mobile App

If you’re operating in another country you may find it a bit annoying to see everything in US dollar signs and there’s no option to choose your own tax year or country-specific formats. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. When you assign a category to an expense, you can have that applied every time a matching transaction appears.

I don’t dread the upcoming the tax season … knowing all my information will be organized and at my fingertips ready to go. I freed up my time and resources to grow my business and eliminated a huge burden. It’s https://www.bookstime.com/ much less complicated than Quickbooks which is great for solo entrepreneurs, side hustles, etc. I had got this to help online payments through my GODADDY site not very helpful I had to switch due to glitches.

  • A wealth of features can make some business owners feel overwhelmed by options they have no use for and make the software more challenging to use.
  • There’s one for the merchant account & another when it transfers to your bank account.
  • Many or all of the products featured here are from our partners who compensate us.
  • Freshbooks’ Select plan allows for unlimited billable clients but requires custom pricing.
  • GoDaddy is an accredited business and has been since 2000.

Every transaction within your GoDaddy account is categorized according to IRS approved Schedule C tax lines. If you sell a lot of goods or products via PayPal or Etsy, it’s very helpful because it separates shipping fees/costs from selling and listing fees. If you have a little business on the side, or in addition to your F/T job, then GoDaddy Bookkeeping is an affordable solution. However, if you have an online business and are doing substantial transactions it is best to get professional advice. Responses are not provided or commissioned by the vendor or bank advertiser.

A Couple Questions About Godaddy Bookkeeping

It inexpensive and has a good overview layout of your business. The one to two day lag in showing the bank account balance or banking transactions. There are times when by bank account reflects a different balance than my godaddy bookkeeping system. Usually, within two to three days the bank balances match.

Also, it imported an account that’s not even at my bank. Once accounts are linked to software and any categories unique to one’s biz are set up, tracking revenues and expenses is a breeze. I have used this software since before Outright was bought by GoDaddy. And it has decreased my tax prep time from a couple of days to just a few hours. I am not an accountant, but I maintain the nonprofit organization books. I keep excellent records, because GoDaddy Bookkeeping system helps me maintain accurate records. I can track volunteers hours, generate invoices, and produce profit and loss statements.

godaddy bookkeeping

Users can use the apps to edit invoices as well as view profit and loss charts. You can also access customer records and payment features. GoDaddy Online Bookkeeping is more suitable for freelancers and contractors. They lack the more complex features a small business would need or even a company with employees and inventory.

What Are Some Pros And Cons Of Using Godaddy Bookkeeping?

Excellent program to track basic accounting functions with ease of operation. If your business has clients that you must bill on a regular basis, this plan eliminates the hassle of having to remember and create a new invoice regularly. This simple software is designed for online sellers on platforms such as eBay and Etsy. Follow the instructions given and then give Shoeboxed permission to send your receipts to GoDaddy by entering in your Shoeboxed username and password into the fields provided.

Outright Is The Little Brother Of Quickbooks And Other Accounting Software, And It’s Not A Bad Thing

From here you can see and keep track of new sales, invoices, money available in specific accounts, expenses, and hours logged. Automatically import your bank and credit card transactions. Erasing the need for manual entries, GoDaddy Online Bookkeeping imports all your transactions every evening for you.

Good Bookkeeping Platform For Beginners

Regardless of what type of smartphone you have, the GoDaddy Bookkeeping mobile app can accept payments, as well as manage your receipts, help you track mileage, and update or monitor invoices. Automatically create and send invoices, as well as view business reports. This allows you to stay on top of your business from anywhere. You can accept payments via credit and debit cards on your smartphone with the GoDaddy Online Bookkeeping mobile app, making it a breeze to run your business anywhere. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty.

Additionally, users can access GoDaddy Bookkeeping features via mobile apps available on Android and iOS devices. GoDaddy Bookkeeping offers solid tax support for LLCs and sole proprietor business with Schedule C worksheets, estimated tax payments, and tax payment reminders. It’s ok if you just need basic accounting functions but not if you need P&L. But there are other accounting software programs out there that do provide that and are free and you have to pay for GoDaddy. GoDaddy Bookkeeping keeps your invoices organized and offers a monthly time sheet for quick access to easy scheduling and an overview of your workload. The main landing page, also called the Overview page, helps you navigate this space.

Leave a comment

Your email address will not be published.