Finally, for a GoDaddy Bookkeeping alternative that offers affordability, time tracking tools, and extended bookkeeping and accounting features, you might look into Zoho Books. GoDaddy Bookkeeping provides a straightforward, easy-to-use solution for basic bookkeeping and accounting needs of small e-commerce businesses. GoDaddy Bookkeeping provides a user-friendly accounting solution for e-commerce businesses. However, there are a few alternative options in the market worth considering before making a final decision. In addition to importing transactions from ecommerce platforms, GoDaddy Bookkeeping also connects to POS systems like Square, Clover, Vend, and Bindo. This brings in detailed sales, tax, and payment data from brick-and-mortar and mobile commerce.
GoDaddy Online Bookkeeping: The Basics
The process is optimized for e-commerce sellers, with specific prompts for entering sales tax IDs, configuring sales tax collection, and mapping payment processor transaction feeds. For those go daddy accounting new to bookkeeping, there are optional tutorials for understanding debits and credits or reading key financial reports. GoDaddy Bookkeeping aims to simplify ecommerce accounting with an easy-to-use, cloud-based solution tailored for online sellers.
Popular features
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. Each time you receive a payout from a sales channel Link My Books pulls all the data needed to break down all of the transactions that made up the payout. You can get the help you need at any time by calling the firm’s customer care staff 24/7. You can ask for assistance in both English and Spanish, and the website has telephone contacts bookkeeping for staff in many cities across the globe. You will also find a live chat button where you can type your questions and get quick responses.
Tax preparation
- The dashboard also highlights any outstanding tasks, such as approving expense reports, sending invoices, or handling disputes.
- In this case, you’re probably actually looking for a bookkeeping software—a system that can help you manage your books so that you’re organized, prepared for taxes, and have more time to devote to your actual business.
- The app is in sync with your GoDaddy account to ensure that you never miss any transactions and events in your company.
- It’s priced at $8.34 per month with annual payments, offering you 16% in savings compared to month-to-month subscriptions.
- 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.
Xero’s user-friendly dashboard can display data on invoices owed to you and bills to be paid side by side, so you can see your predicted end balance for a specific time period (such as the next 30 days). The software connects to your bank account/s and your clients to help you manage both your business balance and the projects you undertake. Whether you’re an e-commerce business or accountant, our software helps get rid of your bookkeeping headache and allows you to focus on growth.Made in the UK by ex e-commerce sellers and accountants.
- However, more advanced accounting needs like tracking accounts payable/receivable fall outside Basic’s scope.
- Automating the process should not just save you time, but lead to peace of mind, too.
- GoDaddy Bookkeeping is the online accounting software provided by hosting and domain expert GoDaddy.
- Therefore, if you want a business partner, employee, or even business accountant to take a look at your bookkeeping, you’ll have to let them use your account information—which is not ideal for security.
- There are so many tools out there, from social media management platforms to small company accounting software, it can be hard to know which ones are best for your business.
- If this sounds like the type of platform that you need, you might consider a simple and affordable bookkeeping system, like GoDaddy Bookkeeping.
There are alternative platforms, like Wave accounting and ZipBooks, which both offer free software, with greater capabilities than GoDaddy. Overall, GoDaddy Bookkeeping simplifies e-commerce accounting considerably through automation and integration with minimal ongoing effort. The affordable pricing makes professional bookkeeping accessible for early-stage online businesses. However, the reliance on apps and lack of readily available live support pose some risks requiring diligent setup and monitoring.
- GoDaddy Bookkeeping also integrates with payment gateways and processors like Stripe, PayPal, Braintree, and Dwolla.
- The last GoDaddy Bookkeeping plan available for small business owners is the Premium plan.
- As the company is expanding its suite of products and services to cater to various needs of small businesses, GoDaddy acquired Outright and integrated the accounting solution in its offerings.
- Support reps are available during extended business hours to accommodate users’ schedules.
- The onboarding process is designed to be quick and hands-on, with the goal of getting users up and running with live data in the system within a few days.
- As we’ve mentioned, there are both bookkeeping and accounting software solutions that may be able to better fulfill your needs.
GoDaddy also has a detailed FAQs section where many of your questions can be answered so that https://bladesunique.com/online-hr-services-payroll-benefits-and-everything/ you refer only complex ones to customer care. In addition, GoDaddy has a presence on social media, specifically Facebook, Twitter and Google+. Take advantage of Freshbooks’s limited-time offer and get 60% off your subscription for the first six months. With multiple channels, robust educational materials, and active user forums, GoDaddy Bookkeeping customers have access to exceptional support resources.