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godaddy online bookkeeping review

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. 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.

  • The Profit & Loss report can pass as the standard accounting report.
  • Use the dashboard to know instantly when a client views or closes an invoice, and send reminders for bills that are overdue.
  • You will need to manually enter your Etsy sales data into the system.
  • To provide you with the best possible experience going forward, we’ve partnered with Intuit to offer you a special discount on QuickBooks Online.
  • GoDaddy Bookkeeping is the online accounting software provided by hosting and domain expert GoDaddy.

If you have a sole proprietorship and don’t ever expect to grow beyond this basic business entity, GoDaddy Bookkeeping may be the only type of accounting software you need. The price is affordable for businesses that are providing a little bit of side income for their owners. However, it may be better to start off with a more robust accounting system https://www.bookstime.com/articles/godaddy-bookkeeping such as Xero than try to move your figures over to a new system in the middle of the year. GoDaddy Bookkeeping offers a simple solution for smaller businesses who do not need overly sophisticated accountancy software. The platform is cloud-based, so it can be accessed from any operating system and to get started all you need is a GoDaddy account.

What security features does GoDaddy Bookkeeping have?

GoDaddy Bookkeeping is the online accounting software provided by hosting and domain expert GoDaddy. As the company is expanding its suite of products and services to cater to various needs of small businesses, GoDaddy acquired Outright and integrated the accounting solution in its offerings. It is a relatively easy program to operate and does not require you to have previous accounting knowledge. It also does not require manual data entry and is not tedious to use. There are three different pricing plans with respective prices and features that you can choose from.

GoDaddy Bookkeeping Premium is just a penny shy of being the most expensive site for freelancers, since QuickBooks Self-Employed costs $15 per month. FreshBooks’ entry-level plan is $13.50, and both Sunrise and Wave are free. Kevin Reeth and Ben Curren worked together at Intuit in 2006 and then later at a web-application firm called Esomnie LLC. As a Product Manager and Software Engineer respectively, the two were heavily involved in the development and marketing of Quicken products. Regardless of the plan you sign up for, you get a 30-day money back guarantee.

Business Bits

GoDaddy does what it does well, but doesn’t do anything beyond the basics. With GoDaddy, your money is safe because the software uses 256-bit data encryption security, similar to the one used in many U.S. banks. The company ensures its servers are protected through biometric scanning and security personnel. As one of the world’s largest hosting providers, GoDaddy can rely on its many years of experience in data security for its cloud accounting software as well.

godaddy online bookkeeping review

Any service-based business or freelancer who bills for a fixed number of hours would find this plan effective. Ecommerce stores that offer subscription services, or any business that offers education or training can utilize this tool as a subscription or membership service. This plan makes it simple to charge customers for any services that occur on a renewed and regular basis. Of all the bookkeeping plans GoDaddy offers, the GoDaddy Online Bookkeeping Essentials Plan is the most versatile.

GoDaddy Bookkeeping review

When it comes to billing, GoDaddy’s has some in-depth invoicing options. It surpasses the options offered by QuickBooks Self Employed accounting solution. You can set notifications to activate for when clients have opened their invoice. Similarly, users can receive notifications for when bills have been paid online. Not only do recurring invoices keep your income steady, but they are also a great fit for several types of businesses.

GoDaddy Online Bookkeeping is an online application, meaning there’s no software for you to download, and all your information is stored on secure GoDaddy servers. Even if you lose access to your computer or device, you can still gain access to all your invoices and important information through GoDaddy Online Bookkeeping. While you’re thinking https://www.bookstime.com/ about managing money, you should also check out our roundups of the best payroll services and the best tax prep software. I immediately started setting this up and I have to say it’s much better than Godaddy Bookkeeping. We would have issues in Godaddy bookkeeping where if a transaction changed its name it would not auto categorize.

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