GoDaddy Online Bookkeeping Reviews in 2025

In its former life, GoDaddy Bookkeeping was an online bookkeeping program called OutRight. Outright offered basic profit and loss statements, invoices, and simple tax documents for sole proprietorships. With the Get Paid tier you get just the basics, such as invoices and estimates, time tracking, godaddy online bookkeeping a few reports, mobile apps and mileage deductions. 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. PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services.

• Unlike IQBoxy Prime, GoDaddy Bookkeeping Essentials can’t read receipts and pull data, but you at least have a visual record of the transaction.
• The software allowed small businesses to link a number of accounts from which GoDaddy Bookkeeping drew the most recent and relevant data.
• Take advantage of Freshbooks’s limited-time offer and get 50% off your subscription for the first six months.
• You can also see charts illustrating your annual profit and loss to date, the current month’s expenses, and open invoices.
• There are three different pricing plans with respective prices and features that you can choose from.

Invoice Settings in GoDaddy Bookkeeping

• As we’ve mentioned, GoDaddy Online Bookkeeping is designed particularly for self-employed entrepreneurs, and therefore, another of its most notable benefits is the features it offers specifically for these professionals.
• Other sections besides Manage are the Income, Expenses, Invoices, Reports, Taxes and Overview.
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• They can monitor income, expenditures, and customer payments, as well as generate financial reports and conduct financial analysis.
• You can, for example, ask to be notified when an invoice is viewed by the customer and when it’s paid online.
• This being said, GoDaddy Bookkeeping differs from accounting software in that typically, accounting software platforms will automate your books and provide insights on your business’s financial data.
• During the month of June, for any user coming over from GoDaddy we are offering a free 14-day trial, 1-1 onboarding and 50% off your first 3 months subscription with us.

We review products independently, but we may earn affiliate commissions from buying links on this page. While Less Accounting offers the most variety when it comes to reporting, GoDaddy does not have a bad selection of reporting templates. GoDaddy is best known as a reliable and affordable domain name provider. What most people don’t realize is that they also offer a way to balance the books. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address.

• I have all my 2019 tax info and a years worth of sales and expenses,, so,, the bookkeeping was good, but beware of the support.
• This ensures personnel costs and liabilities are accurately reflected in financial statements.
• By reducing data entry and removals, bank feeds save significant time and lower the risk of human error from manual work.
• The site’s categories were created to match the income and expense categories found on the IRS Schedule C, and are used to calculate estimated amounts for your quarterly tax payments.
• Tapping the Photo box lets you add an image, by uploading an existing picture or snapping a fresh one with your phone’s camera.
• Plenty of bookkeepers and accountants are out there ready to help you, from the day-to-day work of tracking income and expenses to the big picture work of forecasting cash flow and making wise tax decisions.

Has GoDaddy Bookkeeping shut down?

Before signing up for either of the plans, you should know that they only support ONE USER. 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. But you may as well do as much as you can on the website to save typing time and frustration. PCMag is obsessed with culture and tech, offering smart, spirited coverage of the products and innovations that shape our connected lives and the digital trends that keep us talking. Users can add their details under the ‘Manage’ tab that runs along the top of the screen.

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GoDaddy’s mission is to radically shift the global economy toward small businesses by empowering people to easily start, confidently grow and successfully run their own ventures. Automating reports is another key feature that eliminates repetitive administrative tasks. GoDaddy Bookkeeping has options to schedule reports to run at customized intervals. This allows key financial statements, tax summaries, profit and loss reports, and other outputs to be sent to relevant stakeholders automatically.

All that said, GoDaddy Bookkeeping hasn’t made significant changes since we last reviewed it in 2019. Although we still recommend the service, it lacks some of the advanced features found on our Editors’ Choice winner, FreshBooks, like multiple transaction types, inventory management, project-tracking, and bill pay. This system ensures that all of their data is securely encrypted and stored.

GoDaddy Bookkeeping also allows users to monitor their income and expenditures. This feature enables users to quickly view their monthly income and expenditures. This enables users to make more informed judgements regarding resource allocation and expense management. This feature can also be used to assist users in identifying areas where they may be able to save money or areas where their expenditure is excessive.

Customer Support

• By following these step-by-step guidelines, you’ll be well on your way to efficiently utilizing the platform’s features and ensuring that your business’s financial health is in good hands.
• The Ronin acquisition is the fifth in 15-months, which includes Outright, M.dot, Locu and Afternic.
• GoDaddy Bookkeeping provides separate tools for time tracking instead of designating services as different types of items, like Wave does.
• GoDaddy Bookkeeping software offers round-the-clock phone and chat support.
• With GoDaddy Bookkeeping, you won’t have the financial horsepower to depreciate assets or project growth over a period of years.
• You can modify these reports to suit your requirements and export them to other applications for additional analysis.

In terms of system requirements, the GoDaddy bookkeeping software is really versatile, as it is web-based. You can use it with any browser, but you should update them, for best functionality. While GoDaddy doesn’t offer a free trial, you do get one interactive tour of the software and a 30-money back guarantee. 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. And while an accountant’s fees are typically higher than those of a bookkeeper, you will likely also work with an accountant much less frequently.

Plus, an accountant’s advice can often help you save money when running your business or when paying taxes. It might be time to hire a bookkeeper if you find that your business’s financials are becoming overwhelming for you to track on your own. FreshBooks positions itself as https://www.bookstime.com/articles/accounts-payable-audit an accounting solution designed for small business owners, not accountants. Users can also set up notifications for when certain thresholds are exceeded, such as cash balances dropping below a target level. Overall, scheduled financial reports and notifications remove the need for manual monitoring while increasing financial visibility.

Aside from ticking all the boxes for basic bookkeeping, GoDaddy’s software wins out due to being easy to use and integrate. It’s also truly cross-platform, being cloud-based and available for mobile income summary devices. The 30-day money back guarantee ensures that you can try the platform risk free, so you can take that time to decide if GoDaddy Bookkeeping is right for your SMB. You don’t have to go it alone when it comes to your business’s finances.