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Financial Edge (legacy) vs. GoDaddy Bookkeeping

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Financial Edge (legacy)

    Score6.8 out of 10
    N/AA legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A

    GoDaddy Bookkeeping

    Score7.4 out of 10
    N/AGoDaddy Bookkeeping (formerly Outright) is a cloud-based bookkeeping and accounting automation platform targeted at small businesses. It contains basic bookkeeping and reporting features meant to simplify the process of accounting for small businesses and their accountants, ensuring taxes are filed easily. It also automates invoicing and manages receipt of payments. Its automated reporting features are meant to be simple, accessible, and update in real-time. It automatically uploads data from…

    $4.99

    per month

    Pricing
    Financial Edge (legacy)GoDaddy Bookkeeping
    Editions & Modules
    No answers on this topic
    Get Paid
    $4.99
    per month
    Essentials
    $9.99
    per month
    Premium
    $14.99
    per month
    Offerings
    Pricing Offerings
    Financial Edge (legacy)GoDaddy Bookkeeping
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Financial Edge (legacy)GoDaddy Bookkeeping
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    GoDaddy Bookkeeping
    3.0
    1 Ratings
    86% below category average
    Pay calculation1.03 Ratings3.01 Ratings
    Benefit plan administration1.02 Ratings00 Ratings
    Direct deposit files1.02 Ratings00 Ratings
    Salary revision and increment management1.03 Ratings00 Ratings
    Reimbursement management1.04 Ratings00 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    GoDaddy Bookkeeping
    -
    Ratings
    API for custom integration1.05 Ratings00 Ratings
    Plug-ins1.07 Ratings00 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    GoDaddy Bookkeeping
    5.5
    1 Ratings
    39% below category average
    Single sign-on capability1.06 Ratings6.01 Ratings
    Role-based user permissions1.09 Ratings5.01 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    GoDaddy Bookkeeping
    6.3
    3 Ratings
    22% below category average
    Dashboards1.09 Ratings6.03 Ratings
    Standard reports1.09 Ratings7.03 Ratings
    Custom reports1.09 Ratings6.03 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    GoDaddy Bookkeeping
    5.7
    2 Ratings
    29% below category average
    Accounts payable1.09 Ratings6.02 Ratings
    Accounts receivable1.07 Ratings6.02 Ratings
    Cash management1.09 Ratings7.02 Ratings
    Bank reconciliation1.010 Ratings3.02 Ratings
    Expense management1.08 Ratings8.02 Ratings
    Time tracking1.04 Ratings5.02 Ratings
    Fixed asset management1.08 Ratings5.02 Ratings
    Multi-currency support1.05 Ratings00 Ratings
    Multi-division support1.06 Ratings00 Ratings
    Regulations compliance1.07 Ratings5.01 Ratings
    Electronic tax filing1.04 Ratings8.01 Ratings
    Self-service portal1.07 Ratings5.02 Ratings
    Global Financial Support1.06 Ratings5.01 Ratings
    Primary and Secondary Ledgers1.08 Ratings00 Ratings
    Intercompany Accounting1.08 Ratings00 Ratings
    Localizations1.05 Ratings00 Ratings
    Journals and Reconciliations1.08 Ratings00 Ratings
    Enterprise Accounting1.06 Ratings00 Ratings
    Configurable Accounting1.07 Ratings00 Ratings
    Centralized Rules Framework1.06 Ratings00 Ratings
    Standardized Processes1.07 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    GoDaddy Bookkeeping
    5.0
    1 Ratings
    37% below category average
    Inventory tracking1.02 Ratings00 Ratings
    Automatic reordering1.02 Ratings5.01 Ratings
    Location management1.03 Ratings00 Ratings
    Manufacturing module1.02 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy) and GoDaddy Bookkeeping
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    GoDaddy Bookkeeping
    5.0
    2 Ratings
    39% below category average
    Pricing1.02 Ratings00 Ratings
    Order entry1.02 Ratings3.01 Ratings
    Credit card processing1.02 Ratings7.01 Ratings
    Cost of goods sold1.02 Ratings5.02 Ratings
    Order Orchestration1.02 Ratings00 Ratings
    End-to-end order visibility1.02 Ratings00 Ratings
    Order exception Resolution1.02 Ratings00 Ratings
    Best Alternatives
    Financial Edge (legacy)GoDaddy Bookkeeping
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)GoDaddy Bookkeeping
    Likelihood to Recommend
    1.0
    (10 ratings)
    7.0
    (3 ratings)
    Usability
    2.0
    (1 ratings)
    7.0
    (1 ratings)
    Support Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Financial Edge (legacy)GoDaddy Bookkeeping
    Likelihood to Recommend
    Discontinued Products
    • Financial Edge is well suited for traditional day to day accounting, accounts payable, and related needs.
    • Financial Edge dashboard does not provide a snapshot view of data that I have found are available through other platforms (like QBO).
    Incentivized
    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.
    Incentivized
    Read full review
    Pros
    Discontinued Products
    • Financial edge is able to be customized in a way that fits our organization.
    • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
    • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
    Incentivized
    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
    Discontinued Products
    • Customer service blames the customer, and never offers solutions other than "wait it out." I've always been told it's my computer, even though everyone else at my work has the same issues.
    • Website is constantly "under maintenance" and it somehow never gets better.
    • The Database View is outdated and glitchy. Honestly get rid of it.
    • The Crystal Report is the only way to handle monthly recurring statements, and Financial Edge does not offer support for it anymore. Good luck figuring that out on your own.
    Read full review
    GoDaddy
    • More complex tax prep features
    • Better filters for tax purposes
    • More tools for tax returns
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    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.
    Incentivized
    Read full review
    Support Rating
    Discontinued Products
    I would give this a zero if I could. Here's the deal. Once you request a chat with a representative, they immediately respond. So responsiveness: 10/10. However, they have a tendency to (always) tell you that whatever problem you're experiencing is your problem, not theirs. They offer no solutions and never take responsibility for their website malfunctioning
    Read full review
    GoDaddy
    No answers on this topic
    Alternatives Considered
    Discontinued Products
    Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
    Incentivized
    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
    Discontinued Products
    • Like any enterprise software, there are costs/investments ahead of return. It isn't something you would implement without support.
    • During the significant financial downturn, we were able to use FE to forecast trends and make budget adjustments easily. It transformed communication about forecasting and cuts with assurance.
    Incentivized
    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
    Incentivized
    Read full review
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