Golden Retriever and Goldendoodle Hobby Breeder | Golden Vista Dogs & Doodles | Arlington, WA
Golden Retriever and Goldendoodle Hobby Breeder | Golden Vista Dogs & Doodles | Arlington, WA

godaddy bookkeeping review

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Another downside of GoDaddy Bookkeeping is regardless of which of the three plans you choose, you’ll only ever be able to attach a single user to your account. Therefore, if you want a business partner, employee, or even business accountant to take a look at your bookkeeping, you’ll have to let them use your account information—which is not ideal for security. Users need to assign income and expense categories to each transaction to utilize this feature. Once you've created a client record, its information will appear on a home page of sorts, along with a list of open invoices and a link for creating invoices.

Every entrepreneur needs a program to know where the business stands financially. GoDaddy Bookkeeping keeps your invoices organized and offers a monthly time sheet for quick access to easy scheduling and an overview of your workload. GoDaddy Bookkeeping software from GoDaddy (best known as a web domain registrar) is designed for users who are selling online and want a secure and fast way to manage their books — no accounting experience needed.

Honest, Objective, Lab-Tested Reviews

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. The site is broken down into several areas represented by tabs running horizontally across the top, such as Overview, Income, Expenses, and Taxes.

GoDaddy does not distinguish between service billings and items, for one thing, where FreshBooks does; FreshBooks has separate data entry grids for each. Both contain standard customer information, invoice number and date, and balance and date due. Line-item fields for the actual products or services purchased are similar, though GoDaddy Bookkeeping includes a link for a related expense, and it lets you include an attachment. But it doesn't offer the option to pay to have the invoice dispatched through the U.S. Both let you preview your invoices and either print them or send through email. GoDaddy Bookkeeping just imports your transactions for you, saving you the headache of manual entries.

Who Should Use GoDaddy Online Bookkeeping?

Additionally, QuickBooks Self-Employed gives you access to their mobile app, as well as the benefit of the vast QuickBooks network of experts and community members. This being said, here are three different options you might consider as alternatives to GoDaddy Online Bookkeeping. Therefore, with these limitations, it’s hard to say that GoDaddy is a preferable option to some of the more robust (and even free) solutions out there. First, we’ll discuss three of the most notable benefits of the GoDaddy Online Bookkeeping platform.

godaddy bookkeeping review

This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. With options like Wave, Zoho Books, QuickBooks Self-Employed, and more—there are both free accounting software solutions, as well as more feature-rich platforms—that may be able to serve you better than GoDaddy. Nevertheless, compared to any of the GoDaddy Bookkeeping plans, Zoho Books can offer significant functionality at an extremely affordable cost. Moreover, with their higher-level plans, Zoho Books gives you a greater opportunity for business growth and expansion within the same accounting platform.

GoDaddy Bookkeeping Review

While it does include some excellent invoicing and reporting features, it does not offer double-entry and payroll which larger companies need. All invoices can be previewed, however, unlike FreshBooks, users can’t work on the actual form the customer will receive. From here they can choose to ‘Customize Reporting Categories, ‘Start Accepting Payments’ and ‘Link a Bank or Credit Card’. This way GoDaddy can link to your bank and download your most recent transactions.

When you’re in the dashboard on the Android version, the plus sign in the upper right opens links to adding only expenses, income, and mileage. Once you’re in other areas of the app (like Invoices and Expenses), the plus sign opens a blank data entry screen. Thanks to its Android app and iOS app, GoDaddy Bookkeeping also lets you stay on top of your money when you're out of the office. Both versions offer a dashboard that lists balances for your accounts and other key numbers, like profit or loss, income and expenses, estimates, and time.

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