What users are saying about
22 Ratings
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Score 6.9 out of 100
146 Ratings
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Score 6.6 out of 100

Likelihood to Recommend

GoDaddy Bookkeeping

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.
Anonymous | TrustRadius Reviewer

Wave Accounting

Wave Accounting was used for a small practice without a lot of the accounting considerations a large company would have. For the price, you really can't beat what Wave offers out of the box. All of the basic tools for things like invoicing and expenses are all easy to use. End of year accounting is easy with exports of data.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

GoDaddy Bookkeeping
3.0
Wave Accounting
7.0
Pay calculation
GoDaddy Bookkeeping
3.0
Wave Accounting
7.5
Benefit plan administration
GoDaddy Bookkeeping
Wave Accounting
7.5
Direct deposit files
GoDaddy Bookkeeping
Wave Accounting
4.9
Salary revision and increment management
GoDaddy Bookkeeping
Wave Accounting
7.7
Reimbursement management
GoDaddy Bookkeeping
Wave Accounting
7.4

Security

GoDaddy Bookkeeping
5.5
Wave Accounting
7.7
Single sign-on capability
GoDaddy Bookkeeping
6.0
Wave Accounting
8.4
Role-based user permissions
GoDaddy Bookkeeping
5.0
Wave Accounting
7.1

Reporting & Analytics

GoDaddy Bookkeeping
6.3
Wave Accounting
6.8
Dashboards
GoDaddy Bookkeeping
6.0
Wave Accounting
5.9
Standard reports
GoDaddy Bookkeeping
7.0
Wave Accounting
5.8
Custom reports
GoDaddy Bookkeeping
6.0
Wave Accounting
8.7

General Ledger and Configurable Accounting

GoDaddy Bookkeeping
5.7
Wave Accounting
5.6
Accounts payable
GoDaddy Bookkeeping
6.0
Wave Accounting
5.7
Accounts receivable
GoDaddy Bookkeeping
6.0
Wave Accounting
5.8
Cash management
GoDaddy Bookkeeping
7.0
Wave Accounting
5.6
Bank reconciliation
GoDaddy Bookkeeping
3.0
Wave Accounting
4.6
Expense management
GoDaddy Bookkeeping
8.0
Wave Accounting
6.6
Time tracking
GoDaddy Bookkeeping
5.0
Wave Accounting
3.8
Fixed asset management
GoDaddy Bookkeeping
5.0
Wave Accounting
1.7
Regulations compliance
GoDaddy Bookkeeping
5.0
Wave Accounting
6.8
Electronic tax filing
GoDaddy Bookkeeping
8.0
Wave Accounting
5.9
Self-service portal
GoDaddy Bookkeeping
5.0
Wave Accounting
3.8
Global Financial Support
GoDaddy Bookkeeping
5.0
Wave Accounting
9.0
Multi-currency support
GoDaddy Bookkeeping
Wave Accounting
6.9
Multi-division support
GoDaddy Bookkeeping
Wave Accounting
7.1
Primary and Secondary Ledgers
GoDaddy Bookkeeping
Wave Accounting
9.0
Intercompany Accounting
GoDaddy Bookkeeping
Wave Accounting
8.0
Localizations
GoDaddy Bookkeeping
Wave Accounting
5.2
Journals and Reconciliations
GoDaddy Bookkeeping
Wave Accounting
5.4
Enterprise Accounting
GoDaddy Bookkeeping
Wave Accounting
4.7
Configurable Accounting
GoDaddy Bookkeeping
Wave Accounting
5.7
Centralized Rules Framework
GoDaddy Bookkeeping
Wave Accounting
1.2
Standardized Processes
GoDaddy Bookkeeping
Wave Accounting
4.7

Inventory Management

GoDaddy Bookkeeping
5.0
Wave Accounting
8.1
Automatic reordering
GoDaddy Bookkeeping
5.0
Wave Accounting
9.9
Inventory tracking
GoDaddy Bookkeeping
Wave Accounting
5.6
Location management
GoDaddy Bookkeeping
Wave Accounting
8.1
Manufacturing module
GoDaddy Bookkeeping
Wave Accounting
9.0

Order Management

GoDaddy Bookkeeping
5.0
Wave Accounting
7.1
Order entry
GoDaddy Bookkeeping
3.0
Wave Accounting
7.2
Credit card processing
GoDaddy Bookkeeping
7.0
Wave Accounting
5.3
Cost of goods sold
GoDaddy Bookkeeping
5.0
Wave Accounting
7.9
Pricing
GoDaddy Bookkeeping
Wave Accounting
8.3
Order Orchestration
GoDaddy Bookkeeping
Wave Accounting
5.8
End-to-end order visibility
GoDaddy Bookkeeping
Wave Accounting
8.2
Order exception Resolution
GoDaddy Bookkeeping
Wave Accounting
7.1

Customization

GoDaddy Bookkeeping
Wave Accounting
8.0
API for custom integration
GoDaddy Bookkeeping
Wave Accounting
9.1
Plug-ins
GoDaddy Bookkeeping
Wave Accounting
7.0

Pros

GoDaddy Bookkeeping

  • 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.
Jake Smith | TrustRadius Reviewer

Wave Accounting

  • Reconciliation is very difficult with multiple Wave transactions that need to be deleted or merged before it can be matched to a bank transaction.
  • Payroll worked fine for us but took several days to get it set up. We have switched to another bookkeeping system and another payroll system. Canceling with Wave took several days and they charge $6 for something even though the month was paid for in advance.
  • Credit card processing is nice and worked fine for us.
Harry Abell | TrustRadius Reviewer

Cons

GoDaddy Bookkeeping

  • More complex tax prep features
  • Better filters for tax purposes
  • More tools for tax returns
Anonymous | TrustRadius Reviewer

Wave Accounting

  • I know that credit card processing is a way for Wave to make money, but I really wish they offered ACH payment on Invoices.
  • I do cash-based accounting, which means I have to make little journal entries at the start and end of each year to get my books to balance because Wave wants to do everything differently. This should just be a setting to flip, whether you want cash-based or accrual-based.
  • They use Yodlee for bank connection, which doesn't play nice with 2FA. Pretty much every time I log in I have to re-enter credentials, get a code sent to me, reauthenticate, and know that I'm going to have to do it again next week. Not really on Wave, but wish they could get it together nonetheless.
J.P. VanderLinden | TrustRadius Reviewer

Likelihood to Renew

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 7.8
Based on 3 answers
Easy to use for clients with no accounting background and the price is right.
Jeanne Harris | TrustRadius Reviewer

Usability

GoDaddy Bookkeeping

GoDaddy Bookkeeping 7.0
Based on 1 answer
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.
Anonymous | TrustRadius Reviewer

Wave Accounting

Wave Accounting 5.6
Based on 11 answers
I am a professional bookkeeper and I have no problems using Wave and all of it's features. I can see that certain individuals who have no accounting knowledge might struggle with a few different features and entries, but that is why Wave has an emphasis in connecting users to Wave Pro's who will walk them through things
Melissa Whaley | TrustRadius Reviewer

Reliability and Availability

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 6.7
Based on 4 answers
WAVE is always available when we need it ! Peter
Peter Cullen | TrustRadius Reviewer

Performance

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 2.9
Based on 2 answers
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
Melissa Whaley | TrustRadius Reviewer

Support Rating

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 4.9
Based on 9 answers
I've only had to reach out to support once and they were quick to respond and offered valuable insight to resolve my issue quickly. The team is knowledgeable and if the person you're dealing with doesn't have an answer for you, they get back to you quickly with an answer. It was clear that the support team is genuinely concerned about users making the most of the software.
Anonymous | TrustRadius Reviewer

Online Training

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 4.7
Based on 3 answers
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
Peter Cullen | TrustRadius Reviewer

Alternatives Considered

GoDaddy Bookkeeping

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.
Jake Smith | TrustRadius Reviewer

Wave Accounting

Wave is FREE for most functions. Payment processing costs no matter where you go (as does payroll or taxes). Wave rises above tools like QuickBooks Online because they know that for our small firm, being nimble is the name of the game. We don't need exhaustive reporting and management like QB offers and we certainly don't want to pay for it
Anonymous | TrustRadius Reviewer

Scalability

GoDaddy Bookkeeping

No score
No answers yet
No answers on this topic

Wave Accounting

Wave Accounting 3.0
Based on 2 answers
Once they out grow what is ability to move up to a more robust system?
Penny Breslin | TrustRadius Reviewer

Return on Investment

GoDaddy Bookkeeping

  • 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
Anonymous | TrustRadius Reviewer

Wave Accounting

  • Wave has been ROI positive for our company. With not having to pay for the service we can use our money for growing our business.
  • The fees on credit card transactions for invoices are reasonable especially as we don't pay a monthly subscription.
  • The invoicing feature has made our lives easier for us and our customers. The invoicing piece and AR tracking has been ROI positive as well.
Lukas Sundahl, MBA | TrustRadius Reviewer

Pricing Details

GoDaddy Bookkeeping

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Wave Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

GoDaddy Bookkeeping
7.0
Wave Accounting
5.1

Likelihood to Renew

GoDaddy Bookkeeping
Wave Accounting
7.8

Usability

GoDaddy Bookkeeping
7.0
Wave Accounting
5.6

Reliability and Availability

GoDaddy Bookkeeping
Wave Accounting
6.7

Performance

GoDaddy Bookkeeping
Wave Accounting
2.9

Support Rating

GoDaddy Bookkeeping
Wave Accounting
4.9

Online Training

GoDaddy Bookkeeping
Wave Accounting
4.7

Scalability

GoDaddy Bookkeeping
Wave Accounting
3.0

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