GoDaddy Bookkeeping Review 2020 PCMag UK

These contain fields for a name and physical/mailing address, email address, phone number, and business type. GoDaddy Bookkeeping was clearly designed with the self-employed worker in mind. Its 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.

• Here is a list of our partners and here’s how we make money.
• Boxes at the top of the page display the client’s hourly rate, uninvoiced amount, and billable hours for the month and year.
• Similarly, users can receive notifications for when bills have been paid online.
• Check your dashboard to see how much you have outstanding in invoices, when you can expect to receive a check, and any past-due invoices that may require further action.
• It was a good service but in all these years there have been NO upgrades and it now seems to have many glitches.

GoDaddy gears its bookkeeping software to online sellers on platforms like eBay and Etsy. GoDaddy Bookkeeping software offers round-the-clock phone and chat support. 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. Here is a list of our partners and here’s how we make money.

GoDaddy Bookkeeping Review

Yodlee follows industry best practice guidelines in the design and implementation of its network security environment. Our partners cannot pay us to guarantee favorable reviews of their products or services. You can also purchase a plan that includes additional features, such as a domain name registration and website builder. Alongside ecommerce integrations, invoicing is a standout feature, and one of the best in its class. The package also features easy setup, decent design and a nice mobile app. GoDaddy is a simple bookkeeping tool for freelancers and small time ecommerce businesses and as such it performs well.

In both versions, though, clicking on the profit or loss entry opens a beautiful multi-period chart. These two versions are equally intuitive, just different. After you enter your login credentials for your financial institutions, GoDaddy makes a connection and downloads your most recent transactions. Most banks allow only 90 days’ worth, but you may be able to get more. It pulls transactions on a daily basis, so your accounts stay current. All cloud-based accounting websites operate this way, and it saves countless hours that small businesspeople used to have to spend entering transactions manually.

Back to school — How small businesses can support parents and students

It’s all hosted on GoDaddy’s secure servers, so you can have access to GoDaddy Bookkeeping from anywhere, on any device. Even if your computer breaks, GoDaddy Online Bookkeeping still has all your information intact. Learn more about how to streamline income with GoDaddy by reading our How to Integrate PayPal With GoDaddy article. Sage 50cloud $48.17 per month (when paid annually) and up. Here are some things to know about the GoDaddy software that might help with the decision-making process.

But they are exactly what cash-strapped freelancers want to know. Talking of which, the ‘new events’ and ‘invoice activity’ links (under the overview tab) give useful up-to-the-minute information. None of this is unique or groundbreaking, but it is useful, and not all of its rivals offer such a comprehensive invoice service. It’s even possible to schedule recurring invoices, though this is only available at the most expensive of GoDaddy’s three price plans. Freelancers will be extremely happy to know when their estimates have been viewed and, more importantly, accepted. 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.

GoDaddy Bookkeeping is perfect number cruncher for small businesses

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. GoDaddy Bookkeeping has been discontinued as of June 23, 2022. To learn about available godaddy bookkeeping cost alternatives, read NerdWallet’s roundup of best accounting software for small businesses. GoDaddy Bookkeeping Premium is just a penny shy of being the most expensive site for freelancers, since QuickBooks Self-Employed costs $15 per month.

GoDaddy Bookkeeping makes it an absolute breeze to keep on top of all the busy work that could easily bog down any seasoned business owner or freelancer. We liked the ability to track an invoice throughout its life, from creation to payment. This could be useful for a freelancer waiting for a much-needed cash injection. You can be notified automatically when an invoice becomes overdue, when it is viewed by a client and when it is paid online. You can send automatic thank you notes to customers when payment is received. Once you’ve signed up, GoDaddy Bookkeeping will prompt you to connect all your business accounts.

You can set up automated notifications when an invoice is due and when payment is received. Wave offers tools similar to these, https://personal-accounting.org/the-after-tax-salvage-value-is-calculated-as-sv-t/ and, like GoDaddy Bookkeeping, supports estimates, too. GoDaddy Bookkeeping has handy mobile apps for iOS and Android devices.

All invoices can be previewed, however, unlike FreshBooks, users can’t work on the actual form the customer will receive. 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.