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    godaddy bookkeeping review

    Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. We believe everyone should be able to make financial decisions with confidence. Finally, as we’ve alluded to already in this, another of the most notable drawbacks of this platform is that—on the whole—it’s very limited in its functionality.

    Support is available through the ‘Help & Community’ tab at the top right of the screen. From here, users can choose to scroll through previously asked questions or they can submit a request of their own. This review of GoDaddy Bookkeeping will help you know whether or not it’s right for you. Want to learn more about how to create an engaging website for your business? Check out our How To Make a Website and How To Get High-Quality Web Design and Development guides. GoDaddy Bookkeeping has an interactive and consistently updated tax worksheet section, allowing you to peek at it throughout the year or quarter.

    GoDaddy Bookkeeping Review: Manage Your Money With Ease

    None of this is unique or groundbreaking, but it is useful, and not all of its rivals offer such a comprehensive invoice service. It’s even possible to schedule recurring invoices, though this is only available at the most expensive of GoDaddy’s three price plans. Freelancers will be extremely happy to know when their estimates have been viewed and, more importantly, accepted.

    There are three GoDaddy Online Bookkeeping software plans—Get Paid, Essentials, and Premium. Each plan is priced on a monthly subscription basis, with increasing features included in the higher-level plans. The invoice forms include customer information, invoice number, purchase order number, date and balance.

    GoDaddy Online Bookkeeping Pricing

    Although we still recommend the service, it lacks some of the advanced features found on our Editors’ Choice winner, FreshBooks, like multiple transaction types, inventory management, project-tracking, and bill pay. A full-sized business will need accounting items that the GoDaddy software will not give you, like assets and liabilities, a full chart of accounts, etc. You will probably need a more robust accounting system within a year of starting your business, assuming it becomes a viable business.

    godaddy bookkeeping review

    Talking of payments, GoDaddy lets you accept payments via PayPal, Stripe and Dwolla, which is more gateways than some rivals allow. Moreover, on the whole, Wave is known for their intuitive platform, ease of use, and approachability for all kinds of small business owners. Plus, at $4.99 per month, the GoDaddy Bookkeeping Get Paid plan is going to be one of the most affordable business bookkeeping solutions out there.

    Who Should Not Use GoDaddy Online Bookkeeping?

    The GoDaddy Online Bookkeeping Premium plan will cost $14.99 per month. Now that you have an overview of how the GoDaddy Bookkeeping service works, let’s dive into the details. While Less Accounting offers the most variety when it comes to reporting, GoDaddy does not have a bad selection of reporting templates.

    • Talking of payments, GoDaddy lets you accept payments via PayPal, Stripe and Dwolla, which is more gateways than some rivals allow.
    • The GoDaddy Online Bookkeeping Get Paid Plan is best suited for beginning freelancers or small business owners just starting out and with little to no accounting knowledge.
    • In this case, you’re probably actually looking for a bookkeeping software—a system that can help you manage your books so that you’re organized, prepared for taxes, and have more time to devote to your actual business.
    • QuickBooks Self-Employed is available in three different plans, each with increasing tax capabilities.

    GoDaddy Bookkeeping offers a handful of reports, including Invoice Status, Your Spending, and Top Items—in some cases, as charts or tables. It does, however, include a Schedule C Worksheet, which is unique in this group. GoDaddy Bookkeeping’s Premium level lets you schedule invoices to repeat automatically, a trait not commonly found in entry-level accounting websites.

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