FreeAgent vs. GoDaddy Bookkeeping

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 8.4 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
GoDaddy Bookkeeping
Score 7.8 out of 10
N/A
GoDaddy 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
FreeAgentGoDaddy 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
FreeAgentGoDaddy 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
Community Pulse
FreeAgentGoDaddy Bookkeeping
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Top Pros
Top Cons
Features
FreeAgentGoDaddy Bookkeeping
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
18% above category average
GoDaddy Bookkeeping
3.0
1 Ratings
82% below category average
Pay calculation8.012 Ratings3.01 Ratings
Benefit plan administration8.56 Ratings00 Ratings
Direct deposit files8.92 Ratings00 Ratings
Salary revision and increment management8.86 Ratings00 Ratings
Reimbursement management8.78 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.3
12 Ratings
8% below category average
GoDaddy Bookkeeping
-
Ratings
API for custom integration4.59 Ratings00 Ratings
Plug-ins8.011 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
8% above category average
GoDaddy Bookkeeping
5.5
1 Ratings
36% below category average
Single sign-on capability9.013 Ratings6.01 Ratings
Role-based user permissions8.013 Ratings5.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.5
21 Ratings
1% above category average
GoDaddy Bookkeeping
6.3
3 Ratings
16% below category average
Dashboards9.019 Ratings6.03 Ratings
Standard reports9.019 Ratings7.03 Ratings
Custom reports4.410 Ratings6.03 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.8
23 Ratings
20% above category average
GoDaddy Bookkeeping
5.7
2 Ratings
23% below category average
Accounts payable8.018 Ratings6.02 Ratings
Accounts receivable8.020 Ratings6.02 Ratings
Cash management9.018 Ratings7.02 Ratings
Bank reconciliation9.019 Ratings3.02 Ratings
Expense management8.022 Ratings8.02 Ratings
Time tracking9.017 Ratings5.02 Ratings
Fixed asset management8.611 Ratings5.02 Ratings
Multi-currency support10.08 Ratings00 Ratings
Multi-division support9.05 Ratings00 Ratings
Regulations compliance8.78 Ratings5.01 Ratings
Electronic tax filing10.019 Ratings8.01 Ratings
Self-service portal9.011 Ratings5.02 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Global Financial Support00 Ratings5.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
10% above category average
GoDaddy Bookkeeping
5.0
1 Ratings
29% below category average
Inventory tracking7.72 Ratings00 Ratings
Automatic reordering8.21 Ratings5.01 Ratings
Location management4.51 Ratings00 Ratings
Manufacturing module9.11 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
13% above category average
GoDaddy Bookkeeping
5.0
2 Ratings
35% below category average
Pricing8.19 Ratings00 Ratings
Order entry6.82 Ratings3.01 Ratings
Credit card processing8.25 Ratings7.01 Ratings
Cost of goods sold9.13 Ratings5.02 Ratings
Best Alternatives
FreeAgentGoDaddy Bookkeeping
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.3 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.3 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentGoDaddy Bookkeeping
Likelihood to Recommend
9.0
(23 ratings)
7.0
(3 ratings)
Usability
9.1
(4 ratings)
7.0
(1 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentGoDaddy Bookkeeping
Likelihood to Recommend
FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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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.
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Pros
FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
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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.
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Cons
FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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GoDaddy
  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
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Usability
FreeAgent
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
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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.
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Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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GoDaddy
No answers on this topic
Alternatives Considered
FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
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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.
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Return on Investment
FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
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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
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