GoDaddy Bookkeeping Review 2020 PCMag UK

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go daddy bookkeeping

All that said, GoDaddy Bookkeeping hasn’t made significant changes since we last reviewed it in 2019. 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 devices.

These contain fields for a name and physical/mailing address, email address, phone number, and business type. The site is broken down into several areas represented by tabs running horizontally across the top, such as Overview, Income, Expenses, and Taxes. When you click on one, the activities managed there appear as sub-tabs.

Key Integrations

Users can also set up notifications for when certain thresholds are exceeded, such as cash balances dropping below a target level. Automated alerts act as an early warning system for potential issues. Overall, scheduled financial reports and notifications remove the need for manual monitoring while increasing financial visibility. GoDaddy Bookkeeping also integrates with payment gateways and processors like Stripe, PayPal, Braintree, and Dwolla. GoDaddy Bookkeeping offers three pricing tiers to meet the needs of different business sizes and accounting requirements. There is very little to do when it comes to setting up with GoDaddy.

  • In addition to importing transactions from ecommerce platforms, GoDaddy Bookkeeping also connects to POS systems like Square, Clover, Vend, and Bindo.
  • All invoices can be previewed, however, unlike FreshBooks, users can’t work on the actual form the customer will receive.
  • From that core of services came the idea of a simple bookkeeping package for the freelancers and contractors who make up the lion’s share of Godaddy’s customer base.
  • 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.
  • You can contact the company 24/7 by phone, and it also offers live chat and a contact form.

The dashboard also highlights any outstanding tasks, such as approving expense reports, sending invoices, or handling disputes. This helps keep the user focused on priority financial items needing review. Running an ecommerce business comes with a lot of financial data to manage. It can be overwhelming trying to keep up with accounting, bookkeeping, and reporting needs on your own. 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 Bookkeeping Review: E-commerce Accounting Made Easy

FreshBooks positions itself as an accounting solution designed for small business owners, not accountants. By integrating an ecommerce store’s data flows directly into the general ledger, GoDaddy Bookkeeping saves hours of manual work reconciling accounts and ensures accuracy. Hugh Wilson writes about business and the interface of business and technology for a range of titles including The Guardian, Telegraph, Independent, The Times, BBC and MSN.

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