2 alternatives for GoDaddy Bookkeeping for Etsy, Ebay, and Amazon sellers

PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services. Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology. You can ask to be notified when a client views or accepts one, or when one is about to expire. All that said, GoDaddy Bookkeeping hasn’t made significant changes since we last reviewed it in 2019. GoDaddy Bookkeeping partners with Yodlee, a bank and credit card account service provider, to help ensure security of the software.

• GoDaddy Bookkeeping has an interactive and consistently updated tax worksheet section, allowing you to peek at it throughout the year or quarter.
• Start today by signing up for the plan that best meets your needs.
• This article digs into what exactly GoDaddy Online Bookkeeping does, how simple it is to operate, and what plans and pricing it offers.
• To export your data from GoDaddy Bookkeeping, go to the “Settings” tab and click on the “Export Data” button.
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On top of our integrations, our team of bookkeepers reconciles your books in real-time, so you don’t need to perform any accounting tasks yourself. Your financial information and KPIs are presented in a single financial dashboard, so you can make smarter decisions in real-time. It’s important to remember that Quickbooks is an accounting software only and not an accounting service. What this https://www.bookstime.com/articles/godaddy-bookkeeping means is that if you don’t have accounting or bookkeeping knowledge, Quickbooks can be fairly complex and may easily result in inaccurate financials. GoDaddy Bookkeeping keeps your invoices organized and offers a monthly time sheet for quick access to easy scheduling and an overview of your workload. The main landing page, also called the Overview page, helps you navigate this space.

Godaddy Bookkeeping for Amazon FBA: Simple Bookkeeping for Amazon Sellers

Its main page provides enough information to determine if you have work to complete at a glance, and from there, you may browse to the appropriate sites. Charts depicting your yearly profit and loss to date, current month’s spending, and open bills are also available. Account balances, as well as your current estimated and sales taxes payable, as well as mileage deductions, are all provided. Both GoDaddy Bookkeeping and FreshBooks provide price options that are tailored to your specific requirements.

Start today by signing up for the plan that best meets your needs. You can also generate profit & loss statements and maintain reports on different types of income, customers, vendors, and other topics involving your business. QuickBooks Online is much better than GoDaddy Online Bookkeeping.

When is GoDaddy Bookkeeping shutting down?

From here you can see and keep track of new sales, invoices, money available in specific accounts, expenses, and hours logged. GoDaddy Bookkeeping’s Premium level lets you schedule invoices to repeat automatically, a trait not commonly found in entry-level accounting websites. You can set up profiles, specifying the client, frequency, and so on, and you can also choose to have them sent automatically or just have a draft created for you to send yourself.

Additionally, live chat support is rarely (if ever) available, and the knowledgebase is difficult to navigate and poorly organized. So it’s challenging to troubleshoot issues without getting in touch with customer service representatives. Compared to the competition, GoDaddy Bookkeeping’s https://www.bookstime.com/ features are lacking. The software does cover a lot of the basics, but there’s not much depth to the features. 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.

How Simple Is GoDaddy Bookkeeping?

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Because GoDaddy Bookkeeping does not keep track of assets and liabilities, it is unable to generate a balance sheet. For freelancers, GoDaddy Bookkeeping has a number of enticing features, including the option to estimate quarterly income taxes and produce a Schedule C spreadsheet with tax line assignments. As a result, filing a Schedule C is suitable for sole owners or single-member LLCs. You’ll also receive access to Tax Support, one of the company’s most advanced features, which automatically categorizes transactions into IRS categories to help tax season go as smoothly as possible. It works with Schedule Cs, calculates projected quarterly taxes for independent contractors, and determines how much sales tax you owe. Of all the bookkeeping plans GoDaddy offers, the GoDaddy Online Bookkeeping Essentials Plan is the most versatile.

GoDaddy Bookkeeping has a mobile app that helps with tracking

However, the software has not seen any major feature updates in years. 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. They both support a lot of the functionality found on the browser-based version. For example, you can create and view customer records, review and use categories, and connect to payment processors. Invoices you’ve already created are available for viewing; you can check their status and create new ones.

GoDaddy is primarily known for its web-hosting services, but the company has ventured into other territory over the years to help online businesses and entrepreneurs flourish. For a long time, GoDaddy Bookkeeping was the go-to bookkeeping solution for thousands of eCommerce businesses. It was specifically designed for small businesses in need of more comprehensive accounting and bookkeeping solutions. There are many web-based alternatives to GoDaddy Bookkeeping, but the best depends on your needs.

How much does GoDaddy cost per year?

Every accounting website includes record templates for storing information about customers (and often, vendors) that can be used in transactions and reports. 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 cost of GoDaddy depends on the plan you choose and the features you select.

• Compare features, ratings, user reviews, pricing, and more from GoDaddy Online Bookkeeping competitors and alternatives in order to make an informed decision for your business.
• Both programs let you create and view customer records, but FreshBooks takes it a step further by allowing you to see client contact information.
• Wave is just as easy to use, offers way more features, has an Etsy integration, boasts strong security and customer privacy — and it’s completely free.
• However, the software has not seen any major feature updates in years.
• Let’s take a step back to consider how you manage your books and whether this still makes sense for your business.
• Managing your books with an Excel or Google Sheet means investing a lot of your time into administrative tasks instead of investing in growing your business.