35 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8 out of 100
22 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 7 out of 100

Feature Set Ratings

  • GoDaddy Bookkeeping ranks higher in 3 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting

Security

4.3

Dext Prepare (with Receipt Bank)

43%
5.5

GoDaddy Bookkeeping

55%
Dext Prepare (with Receipt Bank) ranks higher in 1/2 features

Single sign-on capability

2.9
29%
2 Ratings
6.0
60%
1 Rating

Role-based user permissions

5.7
57%
4 Ratings
5.0
50%
1 Rating

Reporting & Analytics

5.9

Dext Prepare (with Receipt Bank)

59%
6.3

GoDaddy Bookkeeping

63%
GoDaddy Bookkeeping ranks higher in 3/3 features

Dashboards

5.5
55%
5 Ratings
6.0
60%
3 Ratings

Standard reports

6.3
63%
4 Ratings
7.0
70%
3 Ratings

Custom reports

N/A
0 Ratings
6.0
60%
3 Ratings

General Ledger and Configurable Accounting

4.6

Dext Prepare (with Receipt Bank)

46%
5.7

GoDaddy Bookkeeping

57%
GoDaddy Bookkeeping ranks higher in 8/15 features

Accounts receivable

6.3
63%
4 Ratings
6.0
60%
2 Ratings

Bank reconciliation

4.9
49%
3 Ratings
3.0
30%
2 Ratings

Expense management

6.7
67%
5 Ratings
8.0
80%
2 Ratings

Multi-currency support

4.9
49%
3 Ratings
N/A
0 Ratings

Multi-division support

2.9
29%
2 Ratings
N/A
0 Ratings

Regulations compliance

5.1
51%
3 Ratings
5.0
50%
1 Rating

Self-service portal

4.7
47%
3 Ratings
5.0
50%
2 Ratings

Global Financial Support

2.9
29%
2 Ratings
5.0
50%
1 Rating

Intercompany Accounting

5.1
51%
3 Ratings
N/A
0 Ratings

Localizations

2.9
29%
2 Ratings
N/A
0 Ratings

Accounts payable

N/A
0 Ratings
6.0
60%
2 Ratings

Cash management

N/A
0 Ratings
7.0
70%
2 Ratings

Time tracking

N/A
0 Ratings
5.0
50%
2 Ratings

Fixed asset management

N/A
0 Ratings
5.0
50%
2 Ratings

Electronic tax filing

N/A
0 Ratings
8.0
80%
1 Rating

Customization

4.1

Dext Prepare (with Receipt Bank)

41%

GoDaddy Bookkeeping

Feature Set Not Supported
N/A
Dext Prepare (with Receipt Bank) ranks higher in 1/1 features

Plug-ins

4.1
41%
3 Ratings
N/A
0 Ratings

Payroll Management

Dext Prepare (with Receipt Bank)

Feature Set Not Supported
N/A
3.0

GoDaddy Bookkeeping

30%
GoDaddy Bookkeeping ranks higher in 1/1 features

Pay calculation

N/A
0 Ratings
3.0
30%
1 Rating

Inventory Management

Dext Prepare (with Receipt Bank)

Feature Set Not Supported
N/A
5.0

GoDaddy Bookkeeping

50%
GoDaddy Bookkeeping ranks higher in 1/1 features

Automatic reordering

N/A
0 Ratings
5.0
50%
1 Rating

Order Management

Dext Prepare (with Receipt Bank)

Feature Set Not Supported
N/A
5.0

GoDaddy Bookkeeping

50%
GoDaddy Bookkeeping ranks higher in 3/3 features

Order entry

N/A
0 Ratings
3.0
30%
1 Rating

Credit card processing

N/A
0 Ratings
7.0
70%
1 Rating

Cost of goods sold

N/A
0 Ratings
5.0
50%
2 Ratings

Attribute Ratings

  • GoDaddy Bookkeeping is rated higher in 1 area: Usability
  • Dext Prepare (with Receipt Bank) and GoDaddy Bookkeeping are tied in 1 area: Likelihood to Recommend

Likelihood to Recommend

7.0

Dext Prepare (with Receipt Bank)

70%
10 Ratings
7.0

GoDaddy Bookkeeping

70%
3 Ratings

Likelihood to Renew

8.2

Dext Prepare (with Receipt Bank)

82%
1 Rating

GoDaddy Bookkeeping

N/A
0 Ratings

Usability

6.5

Dext Prepare (with Receipt Bank)

65%
6 Ratings
7.0

GoDaddy Bookkeeping

70%
1 Rating

Support Rating

5.1

Dext Prepare (with Receipt Bank)

51%
8 Ratings

GoDaddy Bookkeeping

N/A
0 Ratings

Likelihood to Recommend

Receipt Bank

It is great for accounting firms. Easy to add and administer client accounts. Easy to integrate with QuickBooks Online. Easy for clients to capture and submit receipts on the go. It is hard to use for manual data entry, and if your clients frequently have very long receipts the Dext Mobile app does not work well as it compresses the image to the point where it is completely illegible. It does not seem to be designed for business owners to use directly rather than using it through their accounting firm.
Read full review

GoDaddy

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.
Read full review

Pros

Receipt Bank

  • Receipt Bank does a stellar job of extracting information from photos of receipts and bills. I'd say 95% of the time the information pulled is correct, so very rarely do I have to correct an amount or date.
  • One feature I really enjoy is not only the syncing with Quickbooks Online, but the fact that it also pushes the image to Quickbooks Online as an attachment! This means that for every expense/bill processed through Receipt Bank, an image of it is available inside of the transaction inside of Quickbooks Online. This makes researching a breeze.
  • Receipt Bank makes it very simple for users to add documents to the platform. Each company receives a dedicated Receipt Bank email address, which they can email to and upload documents, or users can use the phone apps (which are really easy to use), or they can upload documents from their computer. Training our clients to use it really can't be any easier!
Read full review

GoDaddy

  • 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.
Read full review

Cons

Receipt Bank

  • Receipt Bank Practice Platform has many great features. As they develop the platform I would like to see a rigorous review of all features so as not to add too many and overwhelm my team.
  • Having the flexibility to pick and choose from a suite of features and implement the ones that best suit my practice. A tailor made Receipt Bank Practice Platform. this would allow my practice to grow into the features rather than be overwhelmed by too many.
Read full review

GoDaddy

  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
Read full review

Pricing Details

Dext Prepare (with Receipt Bank)

Starting Price

Editions & Modules

Dext Prepare (with Receipt Bank) editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    GoDaddy Bookkeeping

    Starting Price

    $4.99 per month

    Editions & Modules

    GoDaddy Bookkeeping editions and modules pricing
    EditionModules
    Get Paid$4.991
    Essentials$9.992
    Premium$14.993

    Footnotes

    1. per month
    2. per month
    3. per month

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Likelihood to Renew

    Receipt Bank

    Dext is the best way for us to manage our business expenses. Physical and PDF receipts/invoices will be around for a while, but the move to eInvoicing is very good and we look forward to Dext adding this feature
    Read full review

    GoDaddy

    No answers on this topic

    Usability

    Receipt Bank

    Dext Prepare's usability is great, it has lots of functions and you can scan any type of document, including hard copy handwritten documents. It is not very accurate but it is handwritten!! Apart from it, you can use multiple functions like one page at a time, multiple, in bulk. You can send emails with multiple attachments and one of the greatest function is the mobile application capabilities.
    Read full review

    GoDaddy

    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.
    Read full review

    Support Rating

    Receipt Bank

    Never used the support function. I guess that means it’s easy to use and works well because I never had an issue in 3 years. Not sure if the support team is helpful.
    Read full review

    GoDaddy

    No answers on this topic

    Alternatives Considered

    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
    Read full review

    GoDaddy

    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.
    Read full review

    Return on Investment

    Receipt Bank

    • Helps to keep data consistent and accurate
    • Saves time in processing invoices and receipts
    • Saves time in reconciliation in our accounting package
    Read full review

    GoDaddy

    • 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
    Read full review

    Screenshots

    Add comparison