The platform offers affordable pricing plans, an easy-to-use site design editor, e-commerce functionality and a robust set of built-in marketing features. If you have a sole proprietorship and don’t ever expect to grow beyond this basic business entity, GoDaddy Bookkeeping may be the only type of accounting software you need. The price is affordable for businesses that are providing a little bit of side income for their owners.
Link a bank account or credit card to the software, and let GoDaddy pull in your recent transactions. Then you can start work, whether that means categorizing expenses or sending an invoice. The iPhone version displays icons along the bottom of the screen that take you to Income, Expenses, and Invoices. A button in the upper right opens links to your settings (categories and clients, your invoice settings, and payment processors) when you’re viewing the dashboard and to charts on some of the other screens. GoDaddy Bookkeeping’s Premium level lets you schedule invoices to repeat automatically, a trait not commonly found in entry-level accounting websites.
GoDaddy Online Bookkeeping Essentials Plan – $9.99/Month
With this accounting system, you can manage your finances even if you aren’t an accountant. GoDaddy Bookkeeping simplifies the entire procedure by importing all data from your business accounts. You can view sales, expenses, P&L reports, and mileage from the app. GoDaddy also has a time tracking feature, and though it is not particularly sophisticated some rivals – like Wave Accounting – don’t offer one at all. You can enter billable and non-billable time and easily convert hours worked into an invoice. There is no project management feature, however, and a package like FreshBooks is a better option if you value both these features.
These platforms feature prebuilt themes and drag-and-drop interfaces, making it easy and affordable to create a functional, well-designed website. Created with beginners in mind, the GoDaddy builder is excellent for anyone with limited technical and design experience. The platform lets you incorporate the most in-demand features on your website, including email capture and communication, social media integration, blogging and e-commerce functionality. Plan fees are relatively modest, which means GoDaddy can accommodate nearly any budget.
GoDaddy Online Bookkeeping: The Disadvantages
GoDaddy also offers several shared and dedicated hosting plans that can be used with other website builders, such as WordPress, Drupal and Joomla. GoDaddy offers an SEO Wizard on its top three paid plans to help you get an idea about who your customers/readers are, the geography you serve and what your page is about. The tool then suggests keywords and guides https://www.wave-accounting.net/nonprofit-accounting-best-practices-and-essential/ you in creating optimized titles, headlines and page descriptions. These steps are helpful in SEO but barely touch the surface of complete site optimization. There are a lot options available to an entrepreneur who is just starting out in business. One that may look attractive to a new startup with limited funds for accounting software is GoDaddy Bookkeeping.
- Nate Drake is a tech journalist specializing in cybersecurity and retro tech.
- As such, the package is a decent option for freelancers who want a basic tool for helping them keep their bookkeeping in order.
- With the most expensive GoDaddy Bookkeeping plan only costing $14.99 per month, there’s no doubt that price is one of the biggest benefits of this platform.
- Tapping the Photo box lets you add an image, by uploading an existing picture or snapping a fresh one with your phone’s camera.
The dashboard gives details on profit and loss, current expenses, your current timesheet and open invoices. It’s immediately obvious if you have tasks to perform, like sending a payment reminder (if this is not 10 ways to win new clients for your accountancy practice automated). Compared to some accounting packages GoDaddy is a simple solution that looks to solve simple problems. As such, it is extremely easy to set up, and requires no specialist or technical knowledge.
GoDaddy Online Bookkeeping: The Different Plans
With this plan, you can send invoices and estimates, track time and mileage, accept payments on your mobile devices, and run reports for the current business year. The Essentials plan, for $9.99 per month, adds connections to online banks and credit card accounts, Schedule C and sales tax support, unlimited reports, and data integration with the aforementioned sales sites. The $14.99-per-month Premium plan gives you all of those features as well as the ability to schedule and send recurring invoices. 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.