GoDaddy Bookkeeping vs. MIP Fund Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
GoDaddy Bookkeeping
Score 7.9 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
MIP Fund Accounting
Score 8.6 out of 10
N/A
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.
$249
per month
Pricing
GoDaddy BookkeepingMIP Fund Accounting
Editions & Modules
Get Paid
$4.99
per month
Essentials
$9.99
per month
Premium
$14.99
per month
No answers on this topic
Offerings
Pricing Offerings
GoDaddy BookkeepingMIP Fund Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
GoDaddy BookkeepingMIP Fund Accounting
Top Pros
Top Cons
Features
GoDaddy BookkeepingMIP Fund Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
GoDaddy Bookkeeping
3.0
1 Ratings
86% below category average
MIP Fund Accounting
-
Ratings
Pay calculation3.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
GoDaddy Bookkeeping
5.5
1 Ratings
36% below category average
MIP Fund Accounting
-
Ratings
Single sign-on capability6.01 Ratings00 Ratings
Role-based user permissions5.01 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
GoDaddy Bookkeeping
6.3
3 Ratings
17% below category average
MIP Fund Accounting
-
Ratings
Dashboards6.03 Ratings00 Ratings
Standard reports7.03 Ratings00 Ratings
Custom reports6.03 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
GoDaddy Bookkeeping
5.7
2 Ratings
26% below category average
MIP Fund Accounting
-
Ratings
Accounts payable6.02 Ratings00 Ratings
Accounts receivable6.02 Ratings00 Ratings
Cash management7.02 Ratings00 Ratings
Bank reconciliation3.02 Ratings00 Ratings
Expense management8.02 Ratings00 Ratings
Time tracking5.02 Ratings00 Ratings
Fixed asset management5.02 Ratings00 Ratings
Regulations compliance5.01 Ratings00 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Self-service portal5.02 Ratings00 Ratings
Global Financial Support5.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
GoDaddy Bookkeeping
5.0
1 Ratings
33% below category average
MIP Fund Accounting
-
Ratings
Automatic reordering5.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
GoDaddy Bookkeeping
5.0
2 Ratings
41% below category average
MIP Fund Accounting
-
Ratings
Order entry3.01 Ratings00 Ratings
Credit card processing7.01 Ratings00 Ratings
Cost of goods sold5.02 Ratings00 Ratings
Best Alternatives
GoDaddy BookkeepingMIP Fund Accounting
Small Businesses
Patriot Software
Patriot Software
Score 8.9 out of 10
Sage Intacct
Sage Intacct
Score 8.8 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.8 out of 10
Sage Intacct
Sage Intacct
Score 8.8 out of 10
Enterprises
BlackLine
BlackLine
Score 8.9 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
GoDaddy BookkeepingMIP Fund Accounting
Likelihood to Recommend
7.0
(3 ratings)
8.6
(412 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(102 ratings)
Usability
7.0
(1 ratings)
8.6
(95 ratings)
Availability
-
(0 ratings)
9.6
(15 ratings)
Performance
-
(0 ratings)
8.4
(65 ratings)
Support Rating
-
(0 ratings)
8.5
(128 ratings)
In-Person Training
-
(0 ratings)
10.0
(7 ratings)
Online Training
-
(0 ratings)
9.9
(5 ratings)
Implementation Rating
-
(0 ratings)
7.0
(46 ratings)
Configurability
-
(0 ratings)
9.0
(7 ratings)
Ease of integration
-
(0 ratings)
8.9
(7 ratings)
Product Scalability
-
(0 ratings)
9.2
(10 ratings)
Vendor post-sale
-
(0 ratings)
7.2
(10 ratings)
Vendor pre-sale
-
(0 ratings)
7.2
(10 ratings)
User Testimonials
GoDaddy BookkeepingMIP Fund Accounting
Likelihood to Recommend
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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Community Brands
I tried a couple of other funds accounting software, and we had staff that was familiar with MIP. I then chose MIP for both companies. I know we get accurate information out of MIP as long as the information put in is good. MIP is a little clumsy for AR billing, but maybe it would be easier to use if it was available in the cloud module (or if it is, I haven't been able to see it).
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Pros
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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Community Brands
  • General Ledger processing, including journal entries and reports
  • Ability to download all reports directly to Excel and PDF formats
  • Use of Grant codes to enable grant reporting by month/quarter/year
  • Ability to have multiple departments and consolidate into groups for reporting
  • Accounts Payable and Accounts Receivable cannot be out of balance
  • Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization
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Cons
GoDaddy
  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
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Community Brands
  • My #1 request would have a report that can pull from all modules. There are some reports that I have to run in separate areas to compile the data I want. If there were a one-stop-shop report center, that would be fantastic.
  • I would love to have an option to make text size bigger in all parts of the system.
  • We are in CA; I would like to see call center coverage to account for the time change to Texas.
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Likelihood to Renew
GoDaddy
No answers on this topic
Community Brands
We have been using MIP for over 25 years. In the '90s, we used the MS-Dos version and subsequently changed to the Windows version in the 2000s. Our organization is still relatively small in terms of staffing and even transaction volume; however, over the years, the number of projects has increased and is projected to increase drastically in the next year or two. With the increase in projects along with the ability of MIP to cater easily to large organizations, it makes perfect sense for us to renew when that time comes. In addition, we have recently subscribed to the MIP Cloud, which has now given us the ability to work remotely and enhances the security of our data.
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Usability
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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Community Brands
I don't know what it would be like in the for-profit arena, but for the non-profit arena, it is an excellent product. I love how you don't actually have to close years and are able to get information that spans over the year-end. And the grant tracking is excellent too. It is just an excellent accounting system.
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Reliability and Availability
GoDaddy
No answers on this topic
Community Brands
Mostly its available when I need it. I do get kicked out of the cloud while entering data at times. But I do not lose data and can often just open up the classic version to continue doing what I was doing. Only rarely is there no availability and when that happens, its a very short amount of time.
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Performance
GoDaddy
No answers on this topic
Community Brands
I feel that reporting is difficult to use. Copying existing reports for a new fiscal year is easy but often the data you want to display is not selected, even filtering for the correct data. We routinely have to call support for assistance with reports and most of the issues cannot be resolved during a phone call, a ticket has to be placed for more in-depth examination of the issue. Multiple users cannot run the same report at the same time; so if two people are trying to run an expanded GL, you will have to copy the report and save it with a new name in order to use it at the same time. This results in lots of unnecessary reports in the list. In addition, once you have been using the system for a while you wind up with hundreds of reports in your list of options; there may be a way to archive reports but we have not found that yet so we currently have reports in our list from accounts that are over 10 years old.
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Support Rating
GoDaddy
No answers on this topic
Community Brands
I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
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In-Person Training
GoDaddy
No answers on this topic
Community Brands
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
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Online Training
GoDaddy
No answers on this topic
Community Brands
Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
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Implementation Rating
GoDaddy
No answers on this topic
Community Brands
Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
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Alternatives Considered
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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Community Brands
This is the first time I've worked in the non-profit world. Accounting is somewhat different so I am very glad to be using a product designed specifically for non-profits. Many accounting processes are similar of course, but it is nice to have them tailored to fit the requirements of a non-profit organization.
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Scalability
GoDaddy
No answers on this topic
Community Brands
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
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Return on Investment
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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Community Brands
  • The Accounting and HR teams have been able to eliminate double entry, and therefore free up a lot of time.
  • With the budgeting module, we have been able to obtain a firm grasp on our grants and utilize those funds in the best way possible.
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ScreenShots

MIP Fund Accounting Screenshots

Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions