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. There are three different pricing plans with respective prices and features that you can choose from.
- It is a relatively easy program to operate and does not require you to have previous accounting knowledge.
- GoDaddy Bookkeeping allows you to sync your bank accounts seamlessly, saving you time on manual data entry.
- That said, if you wish to manually enter at least some of your data, GoDaddy gives you that option, too.
- However, Wave will likely fall short for more complex small businesses, especially those planning to scale.
- Even without an app for your mobile device you can log into your accounts through the mobile browser version of cloud software.
Setting Up Your GoDaddy Bookkeeping Account
GoDaddy Bookkeeping was clearly designed with the self-employed worker in mind. Its Accounting Periods and Methods home page displays enough information that a quick glance tells you whether you have work to do—and it takes you to the relevant pages. You can also see charts illustrating your annual profit and loss to date, the current month’s expenses, and open invoices.
- Although there is not free trial, GoDaddy has a money back guarantee in place.
- GoDaddy Bookkeeping provides separate tools for time tracking instead of designating services as different types of items, like Wave does.
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- There are three different pricing plans with respective prices and features that you can choose from.
- Effectively manage your expenses by utilizing GoDaddy Bookkeeping’s budgeting features.
- For small business owners, tax time will never be easy, per se, but there are ways to make it less painful.
About Godaddy Bookkeeping
GoDaddy Bookkeeping’s client records don’t allow for as much detail as some competitors like Zoho Books allow. You can provide company names and billing addresses, along with an hourly rate, multiple contacts, and a shipping address. The site also contains generic contact templates that you can use for anyone. These contain fields for a name and physical/mailing address, email address, phone number, and business type. The site is broken down into several areas represented by tabs running horizontally across the top, such as Overview, Income, Expenses, and Taxes. When you click on one, the activities managed there appear as sub-tabs.
How do I choose the best bookkeeping tool for my business?
Click on Invoices, and tabs appear that open screens containing data about clients, payments, estimates, items, and recurring schedules. Once you’re in one of the screens, you use standard Windows conventions like drop-down lists, buttons and icons, search boxes, and fill-in-the-blank fields. When you’re in the dashboard on the Android Airbnb Accounting and Bookkeeping version, the plus sign in the upper right opens links to adding only expenses, income, and mileage.
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 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.
