22 Ratings
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Score 8.7 out of 100
22 Ratings
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Score 6.9 out of 100

Likelihood to Recommend

Dext Prepare (with Receipt Bank)

For organizations that require in depth detail in their financials, meaning detailed records of every expense, Receipt Bank is a great option. Accounting firms that are preparing the books for their clients in a cloud atmosphere will most certainly appreciate the ease of use provided with Receipt Bank. But for organizations that are small in number of employees, and maybe they all have company credit cards and no expense reports, Receipt Bank isn't necessary. It's still a "nice to have" software, but not required because these types of employees won't be keeping copies of receipts anyway.
Alicia Gates, CPA | TrustRadius Reviewer

GoDaddy Bookkeeping

Perfect for US market but not transferable to UK market, needs some upgrades for this. Even when set up with a UK address it won't allow changes in tax year end, presuming that tax year starts Jan - Dec. Also shows dollars instead of pounds even though figures were correct with solution.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Security

Dext Prepare (with Receipt Bank)
8.0
GoDaddy Bookkeeping
5.5
Single sign-on capability
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
6.0
Role-based user permissions
Dext Prepare (with Receipt Bank)
7.8
GoDaddy Bookkeeping
5.0

Reporting & Analytics

Dext Prepare (with Receipt Bank)
7.7
GoDaddy Bookkeeping
6.3
Dashboards
Dext Prepare (with Receipt Bank)
7.7
GoDaddy Bookkeeping
6.0
Standard reports
Dext Prepare (with Receipt Bank)
7.7
GoDaddy Bookkeeping
7.0
Custom reports
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
6.0

General Ledger and Configurable Accounting

Dext Prepare (with Receipt Bank)
8.4
GoDaddy Bookkeeping
5.7
Accounts receivable
Dext Prepare (with Receipt Bank)
8.6
GoDaddy Bookkeeping
6.0
Bank reconciliation
Dext Prepare (with Receipt Bank)
8.6
GoDaddy Bookkeeping
3.0
Expense management
Dext Prepare (with Receipt Bank)
8.6
GoDaddy Bookkeeping
8.0
Multi-currency support
Dext Prepare (with Receipt Bank)
8.6
GoDaddy Bookkeeping
Multi-division support
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
Regulations compliance
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
5.0
Self-service portal
Dext Prepare (with Receipt Bank)
8.5
GoDaddy Bookkeeping
5.0
Global Financial Support
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
5.0
Intercompany Accounting
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
Localizations
Dext Prepare (with Receipt Bank)
8.2
GoDaddy Bookkeeping
Accounts payable
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
6.0
Cash management
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
7.0
Time tracking
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0
Fixed asset management
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0
Electronic tax filing
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
8.0

Customization

Dext Prepare (with Receipt Bank)
6.9
GoDaddy Bookkeeping
Plug-ins
Dext Prepare (with Receipt Bank)
6.9
GoDaddy Bookkeeping

Payroll Management

Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
3.0
Pay calculation
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
3.0

Inventory Management

Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0
Automatic reordering
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0

Order Management

Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0
Order entry
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
3.0
Credit card processing
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
7.0
Cost of goods sold
Dext Prepare (with Receipt Bank)
GoDaddy Bookkeeping
5.0

Pros

Dext Prepare (with Receipt Bank)

  • Key metrics on the submissions by clients and any delays. This allows for early identification where client may be struggling to get the information submitted to Receipt Bank, holding up the bookkeeping processing and ultimately delays in delivery of information to the clients.
  • Identifying unprocessed receipts sitting in the clients Receipt Bank file.. This assists in managing internal workflow and aiding team members who may find they need assistance in completing key tasks.
  • Identifying which clients are using Receipt Bank effectively and which clients need assistance. This can provide the opportunity to discuss with all clients what works well for them and what needs improvement by sharing some of the wins from other clients.
  • Providing managers the ability to review with ease the progress of Receipt Bank processing by client and by bookkeeper. This allows them to identify issues literally before they occur.
Tim Hoopmann | TrustRadius Reviewer

GoDaddy Bookkeeping

  • 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.
Jake Smith | TrustRadius Reviewer

Cons

Dext Prepare (with Receipt Bank)

  • The system to automatically pull invoices in from various online services is temperamental
  • Almost too many features for a micro business like ours
Anonymous | TrustRadius Reviewer

GoDaddy Bookkeeping

  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
Anonymous | TrustRadius Reviewer

Usability

Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) 8.1
Based on 2 answers
It is very easy to use although some of the interface is a bit busy and there are a lot of features that I don't use or are not sure how/if I would use.
Anonymous | TrustRadius Reviewer

GoDaddy Bookkeeping

GoDaddy Bookkeeping 7.0
Based on 1 answer
Loses marks on the tax year only being Jan - Dec and inability to change that to a UK format and choose your year end date.
Anonymous | TrustRadius Reviewer

Support Rating

Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) 9.1
Based on 4 answers
I haven't had to use their support - I assume it is good, but the story of not needing it is better.
Robin Sands | TrustRadius Reviewer

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Alternatives Considered

Dext Prepare (with Receipt Bank)

Receipt Bank is superior to Wave in terms of its accuracy of reporting and allocating expenses. Even though there is a fee for Receipt Bank and Wave is free, the monthly fee for Receipt Bank is well worth the money, given the benefits
Nicola (Nicki) Morris | TrustRadius Reviewer

GoDaddy Bookkeeping

I already use GoDaddy for a lot of my website clients so tried the bookkeeping out and really liked it! I tried a few others but nothing worth the price difference. I have tried a few other time trackers as I wish I could live track my time vs entering a little a time.
Jake Smith | TrustRadius Reviewer

Return on Investment

Dext Prepare (with Receipt Bank)

  • Saves hours per month preparing for BAS.
  • While it doesn't equate to a direct ROI in terms of dollars and cents the time it gives me back as a small business owner is time I get to spend with my family instead of the computer.
  • Nothing negative has been identified.
Craig Jolly | TrustRadius Reviewer

GoDaddy Bookkeeping

  • 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
Anonymous | TrustRadius Reviewer

Screenshots

Dext Prepare (with Receipt Bank)

GoDaddy Bookkeeping

Pricing Details

Dext Prepare (with Receipt Bank)

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

GoDaddy Bookkeeping

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Dext Prepare (with Receipt Bank)
8.6
GoDaddy Bookkeeping
7.0

Usability

Dext Prepare (with Receipt Bank)
8.1
GoDaddy Bookkeeping
7.0

Support Rating

Dext Prepare (with Receipt Bank)
9.1
GoDaddy Bookkeeping

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