Unlike IQBoxy Prime, GoDaddy Bookkeeping Essentials can’t read receipts and pull data, but you at least have a visual record of the transaction. Click Profit to see a line graph giving you a real-time accounting of your current income, expenses, and profit (quarterly, monthly, and weekly). The Income and Expense links open to lists of the downloaded (and manually-entered) transactions of each type. Clickingone opens a more detailed screen describing each transaction, which can be edited to categorize or to add a photo, for example. When it comes to billing, GoDaddy’s has some in-depth invoicing options. It surpasses the options offered by QuickBooks Self Employed accounting solution.

• GoDaddy’s invoice tool in particular is very good, with a selection of clean, modern templates to choose from alongside the ability to set up payment gateways and automatic reminders.
• From that core of services came the idea of a simple bookkeeping package for the freelancers and contractors who make up the lion’s share of Godaddy’s customer base.
• There are alternative platforms, like Wave accounting and ZipBooks, which both offer free software, with greater capabilities than GoDaddy.
• GoDaddy is a simple bookkeeping tool for freelancers and small time ecommerce businesses and as such it performs well.

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. GoDaddy is a reliable website builder that is widely considered one of the best platforms for creating websites.

Bookkeeping and accounting software

GoDaddy Bookkeeping Essentials balances price and an incredibly comprehensive feature set to rank as our top pick among iOS finance apps for U.S.-based freelancers and independent contractors. You can contact the company 24/7 by phone, and it also offers live chat and a contact form. There is also a help center with a range of how-to articles and answers to frequently asked questions. The GoDaddy blog and social media feeds are not specific to its Bookkeeping software, so there is a lot of information about web building that you might have to wade through to get to what you need. Finally, the GoDaddy community forum is a good place to share information with other users. There is no double-entry and payroll, which means GoDaddy is unsuitable for larger businesses in need of a complete accounting solution.

• I don’t dread the upcoming the tax season …

  knowing all my information will be organized and at my fingertips ready to go.

• GoDaddy compares favorably with other platforms, such as Wix and Squarespace.
• Nevertheless, compared to any of the GoDaddy Bookkeeping plans, Zoho Books can offer significant functionality at an extremely affordable cost.
• Freelancers will be extremely happy to know when their estimates have been viewed and, more importantly, accepted.
• This interactivity makes the dashboard very effective and timely—one of the best I’ve seen.

You can select the client, description of the task and the number of hours worked, the rate, and the billable/not billable status. Hugh Wilson writes about business and the interface of business and technology for a range of titles including The Guardian, Telegraph, Independent, The Times, BBC and How to Start Your Own Bookkeeping Business: Essential Tips MSN. He has written a large number of articles for Top Ten Reviews about insurance matters, accounting, and some business-to-business software and appliances. Project management is lacking, along with payroll, bill-pay, inventory management and other features larger businesses would quickly miss.

GoDaddy Online Bookkeeping: The Advantages

‘Money I have’ and ‘Money I owe’ are not sentences usually uttered by financial professionals. Talking of which, the ‘new events’ and ‘invoice activity’ links (under the overview tab) give useful up-to-the-minute information. GoDaddy Bookkeeping was originally designed as a tool to help these sole proprietor businesses estimate quarterly tax, and it has been refined and developed over a number of years since then. Today, it is a good solution for freelancers in need of basic bookkeeping, but not sophisticated enough for larger businesses.

Plus, it includes what type of business would be best suited to use this software. By the end of this review, you will know if GoDaddy Bookkeeping is right https://intuit-payroll.org/accounting-for-startups-7-bookkeeping-tips-for/ for you and your business. GoDaddy is a simple bookkeeping tool for freelancers and small time ecommerce businesses and as such it performs well.

GoDaddy Bookkeeping: Guide to Cost, Features and More

Check out our How To Make a Website and How To Get High-Quality Web Design and Development guides. Once you’ve selected the plan you’d like to purchase, and have successfully added it to your cart, you can then choose the length of duration for your plan — from one month to 60 months. There’s no need to fear faulty security, GoDaddy Bookkeeping uses the same type of security measures most banks do, protecting your data from hackers and viruses. Sign up for our Weekly Apple Brief for the latest news, reviews, tips, and more delivered right to your inbox. The first thing that you should do when you sign into the app is to click the Settings link at the bottom. You can work with several types of information here if you haven’t already entered it.

Our partners cannot pay us to guarantee favorable reviews of their products or services. As you know your business best, only you can decide which bookkeeping or accounting software will fulfill your needs. 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.