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GoDaddy Bookkeeping

Score7.4 out of 10

24 Reviews and Ratings

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What is GoDaddy Bookkeeping?

GoDaddy Bookkeeping (formerly Outright) is a cloud-based bookkeeping and accounting automation platform targeted at small businesses. It contains basic bookkeeping and reporting features meant to simplify the process of accounting for small businesses and their accountants, ensuring taxes are filed easily. It also automates invoicing and manages receipt of payments. Its automated reporting features are meant to be simple, accessible, and update in real-time. It automatically uploads data from linked accounts (e.g. Paypal, Amazon, bank transactions, etc.) so that a user can get a complete accounting overview of their business, also automatically categorizing transactions into IRS-approved categories to ensure compliance. GoDaddy Bookkeeping is mobile-accessible.

GoDaddy Bookkeeping is available for $9.99 per month. Alternately, it may be purchased for $99.99 per year.

Categories & Use Cases

Key Features

Learn about the best (and worst!) features GoDaddy Bookkeeping has to offer, as determined by TrustRadius' reviewers.
Based on 24 ratings of GoDaddy Bookkeeping's features
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Top Performing Features

  • Expense management

    The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

    Category average: 8.5

  • Electronic tax filing

    The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

    Category average: 8.6

  • Standard reports

    The software offers pre-built reports with metrics standard to the category.

    Category average: 8.5

Areas for Improvement

  • Pay calculation

    Pay calculation provides for computation of employee pay with state and federal deductions.

    Category average: 8.5

  • Bank reconciliation

    The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

    Category average: 8.5

  • Order entry

    Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

    Category average: 8.4

Reviews

What users are saying about GoDaddy Bookkeeping.
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Review from a user of Outright, which was acquired by GoDaddy Bookkeeping

Incentivized
Verified User
Employee (1-10 employees employees)

Pros

  • Simple, easy to use interface
  • Fast loading times
  • Low cost

Cons

  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns

Return on Investment

  • Low monthly cost compared to other accounting software
  • Easy to use and learn with
  • Gives me the basic numbers I need for book keeping and taxes for a small business

Other Software Used

Blogger, Google Ads (formerly AdWords), Google Analytics, Google Authenticator, Adobe Photoshop, Adobe Illustrator CC, Mailchimp, Freshdesk

Businesses owners experience with GoDaddy Bookkeeping.

Jake SmithView profile
Owner at The Great Void Marketing Lab (1-10 employees employees)

Pros

  • Invoicing and linking payments to them.
  • Creating estimates for my clients.
  • Making tax time easier with easy P and L statements and categorization of expenses.

Cons

  • I would like more time keeping options. Such as a live start and stop working tracker.
  • More options when creating estimates. Such as dollar amount discounts.
  • More CRM features to help me track leads.

Return on Investment

  • Saves Time
  • Saves Headaches
  • Keeps me organized so I don't miss Invoices

Godaddy, US bookkeeping dream

Incentivized
Verified User
Consultant (1-10 employees employees)

Pros

  • Downloads automatically from eBay.
  • Downloads transactions automatically from Paypal.
  • Easy to upload transactions from a csv to make a tax year complete should you change to the solution part way through your tax year.
  • Dashboard is easy to read with visuals to demonstrate profit and loss.

Cons

  • Shows dollar signs even when using pounds.
  • Downloads from GoDaddy to csv file have a problem with dates showing some in US format, some in text format and some in UK format. The US dates were difficult to format, I had to type in dates manually for the whole 12 months of transactions.
  • Unable to choose tax year end was geared to US tax years and taxes rather than being able to choose your own tax year and country specific formats.

Return on Investment

  • Good value for money
  • Ideal for US market
  • Saves man hours with the auto download of eBay transactions

Alternatives Considered

Quickbooks Online

Other Software Used

QuickBooks Online

Usability