Float Cash Flow vs. GoDaddy Bookkeeping

Float is great for a startup/small (< 20 employee companies) that have limited resources for keeping an eye on cash flow. Yes, you could hire a contractor CFO, but it would simply be less expensive to use Float and educate yourself a bit about cash flow. For larger companies I feel like you would have a dedicated financial controller or CFO that may already have tools they are familiar with, but this service might also still be useful.

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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.

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• Cash flow management.
• Forecasting out how much you can spend.
• Quickbooks integration.

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• 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.

• Quickbooks integration could be improved to automatically include recurring transactions.
• Pricing is a little steep for smaller businesses.

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

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

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.

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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.

• We've had a positive ROI since we're able to take bigger risks now that we understand how much cash will be in our account on what day.
• We are able to make adjustments to our contractors and services to grow our business faster.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• 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

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info