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GoDaddy Bookkeeping

GoDaddy Bookkeeping

Overview

What is GoDaddy Bookkeeping?

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…

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Pricing

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Get Paid

$4.99

Cloud
per month

Essentials

$9.99

Cloud
per month

Premium

$14.99

Cloud
per month

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.godaddy.com/email/online…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $4.99 per month
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Product Demos

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Product Details

What is GoDaddy Bookkeeping?

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 linked accounts (e.g. Paypal, Amazon, bank transactions, etc.) so that a user can get a complete accounting overview of their business, also automatically categorizing transactions into IRS-approved categories to ensure compliance. GoDaddy Bookkeeping is mobile-accessible.

GoDaddy Bookkeeping is available for $9.99 per month. Alternately, it may be purchased for $99.99 per year.

GoDaddy Bookkeeping Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(24)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Users have found that the software is beneficial for invoicing clients and tracking payments and receipts. It is also easy to integrate and set up with a business webserver, making it convenient for hosting and domain registry needs. The software allows users to keep track of their sent, unpaid, and paid invoices. However, some users have experienced difficulty connecting the software with their bank accounts. Nevertheless, it has been helpful for calculating monthly business expenses and tax calculations, providing users with a comprehensive view of their savings and expenses. Users have utilized the software for various business activities and trading. For instance, it has been effective for organizing the finances of a resale company and helping owners with bookkeeping tasks. Users appreciate that it allows them to focus on their business instead of dealing with bookkeeping issues. Additionally, the software has proved useful for managing client records and expanding bookkeeping services to a more diverse set of clients. It simplifies tax preparation for small business owners and provides confidence in managing finances. Moreover, it has been effective in solving bookkeeping and VAT issues, recognized by HMRC. Users have been able to handle their accounting themselves using the software. Furthermore, the software has been used extensively for accounting and bookkeeping purposes, particularly for eBay businesses. By automatically recording transactions from eBay and PayPal accounts, it eliminates the need for manual data entry. Users find it easy to prepare tax information for their CPA using the software. The software also links directly to users' bank accounts, extracting information automatically. It efficiently tracks sales and expenses from various platforms such as eBay and Amazon. Users appreciate that it categorizes income and expenses effortlessly, making tax time easier. Additionally, the software has been helpful in understanding business performance and making informed decisions by synthesizing information from multiple retail platforms and bank accounts for a comprehensive view of income and expenses. Users find it convenient to have all their income and expenses categorized in one place, making bookkeeping and tax calculations efficient. The software understands how small businesses work and categorizes expenses accordingly. Users value the software's affordability and helpfulness without unnecessary features. It saves time by keeping all financial information organized in one place. Users also appreciate the software's ability to handle invoicing, income and expense tracking, timekeeping, and bookkeeping tasks. While some users have expressed dissatisfaction with the lack of support and basic functions in the software, overall, users find that it solves their business problems and allows them to focus on their work. Moreover, the software is used as a lightweight CRM, invoicing, and bookkeeping tool. It automates the downloading of eBay and PayPal transactions and provides necessary numbers for tax purposes and bookkeeping. The software's ability to seamlessly link with users' bank accounts eliminates the need for manual data entry, saving time and effort. Users appreciate its ease of use in preparing tax information for their CPA, as it automatically categorizes income and expenses. By tracking sales and expenses from multiple platforms like eBay and Amazon, the software provides a comprehensive view of business performance and aids in making informed decisions. With all income and expenses categorized in one place, users find bookkeeping and tax calculations efficient. The software's understanding of small businesses is reflected in its accurate categorization of expenses. Users value the affordability and helpfulness of the software, which allows them to keep all financial information organized while focusing on their work. Although some users have expressed dissatisfaction with support and basic functions, the overall consensus is that the software effectively solves business problems.

Easy to Use: Many users have found GoDaddy Bookkeeping to be easy to use, stating that it provides a simple and efficient way to manage financial transactions. They appreciate the intuitive interface and straightforward navigation, allowing them to quickly learn and navigate the software without any accounting experience.

Good Value for Price: Several reviewers have mentioned that GoDaddy Bookkeeping offers a good value for its price. They consider it to be cost-effective, providing a comprehensive solution for their business needs at an affordable rate. Users are satisfied with the functionality of the software in relation to its price point.

Convenient Integration Process: A number of users have praised the ease and convenience of integrating GoDaddy Bookkeeping into their business operations. They mention that setting up the software is straightforward, especially when it comes to linking payments from various platforms like PayPal or online e-commerce sites. This integration process allows them to seamlessly track income and expenses related to their business activities.

Difficult Tax Working: Some users have found the tax working in the software to be difficult, suggesting the need for more tools to make it easier. Expensive Price: Several reviewers have mentioned that the price of the software is expensive compared to other companies. Poor Customer Service and Integration Issues: A number of users have experienced ongoing issues with integrating USBank accounts and have expressed frustration with very poor customer service in resolving these problems. Limited Options for Currency and Missing Timesheets: Some reviewers have mentioned that while they appreciate the helpful features of the software, there are limited options for currency and no provision for timesheets. Lack of Integration with Other Software: Users have expressed their wish for full integration of the software with other platforms. Lack of Project Tracking, Payment, and Multicurrency Support: The absence of project tracking capabilities, payment options, and multicurrency support has been pointed out by several users as a drawback.

Based on user reviews, there are three common recommendations for bookkeeping software. First, users suggest doing thorough research and considering individual needs before purchasing a bookkeeping program. This allows users to find a solution that aligns with their specific requirements. Second, several users recommend upgrading to the paid plan of the software as they believe that the additional features and functionality offered in the paid version are necessary for effective bookkeeping. Lastly, many users recommend GoDaddy Bookkeeping, especially for small businesses. They appreciate its lower cost compared to other options and its good return on investment. Additionally, they highlight its usefulness for online businesses and ecommerce operations. These recommendations provide insights for small business owners looking for bookkeeping solutions, emphasizing the importance of researching individual needs, considering upgrades, and exploring GoDaddy Bookkeeping as an affordable option.

Reviews

(1-3 of 3)
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Review from a user of Outright, which was acquired by GoDaddy Bookkeeping

Rating: 7 out of 10
October 03, 2019
Verified User
Vetted Review
Verified User
GoDaddy Bookkeeping
4 years of experience
It is being used as accounting software for primarily eBay and PayPal. It allows me to easily look up sales, expenses, transactions and numbers needed for tax purposes and bookkeeping.
  • Simple, easy to use interface
  • Fast loading times
  • Low cost
Small businesses that need a simple, affordable bookkeeping software.
General Ledger and Configurable Accounting (21)
23.80952380952381%
2.4
Accounts payable
60%
6.0
Accounts receivable
60%
6.0
Cash management
70%
7.0
Bank reconciliation
30%
3.0
Expense management
80%
8.0
Time tracking
50%
5.0
Fixed asset management
50%
5.0
Multi-currency support
N/A
N/A
Multi-division support
N/A
N/A
Regulations compliance
N/A
N/A
Electronic tax filing
N/A
N/A
Self-service portal
50%
5.0
Global Financial Support
50%
5.0
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
N/A
N/A
Localizations
N/A
N/A
Journals and Reconciliations
N/A
N/A
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
N/A
N/A
Inventory Management
N/A
N/A
Order Management (6)
13.333333333333332%
1.3
Order entry
30%
3.0
Credit card processing
N/A
N/A
Cost of goods sold
50%
5.0
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
6%
0.6
Pay calculation
30%
3.0
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
63.33333333333333%
6.3
Dashboards
60%
6.0
Standard reports
70%
7.0
Custom reports
60%
6.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
55%
5.5
Role-based user permissions
50%
5.0
Single sign-on capability
60%
6.0
  • 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
I have used Turbo Tax Online for a short period of time. It is easier to use but lacks all of the features of Turbo tax when it comes to tax returns, payroll and sales tax. GoDaddy Bookkeeping would good a new or small business, but not for a medium to large sized business

Godaddy, US bookkeeping dream

Rating: 6 out of 10
April 27, 2016
Verified User
Vetted Review
Verified User
GoDaddy Bookkeeping
8 years of experience
I used it to automatically download my eBay and Paypal transactions and then download at month and year end for my accountant. I used it previously to being GoDaddy when it was Outight. It is very automated and easy to use, just adding expenses either in one go uploading from a spreadsheet or singularly when I got them.
  • Downloads automatically from eBay.
  • Downloads transactions automatically from Paypal.
  • Easy to upload transactions from a csv to make a tax year complete should you change to the solution part way through your tax year.
  • Dashboard is easy to read with visuals to demonstrate profit and loss.
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.
General Ledger and Configurable Accounting (12)
N/A
N/A
Accounts payable
N/A
N/A
Accounts receivable
N/A
N/A
Cash management
N/A
N/A
Bank reconciliation
N/A
N/A
Expense management
N/A
N/A
Time tracking
N/A
N/A
Fixed asset management
N/A
N/A
Multi-currency support
N/A
N/A
Multi-division support
N/A
N/A
Regulations compliance
N/A
N/A
Electronic tax filing
N/A
N/A
Self-service portal
N/A
N/A
Inventory Management (4)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (4)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
73.33333333333333%
7.3
Dashboards
80%
8.0
Standard reports
80%
8.0
Custom reports
60%
6.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
N/A
N/A
Role-based user permissions
N/A
N/A
Single sign-on capability
N/A
N/A
  • Good value for money
  • Ideal for US market
  • Saves man hours with the auto download of eBay transactions
  • Automated eBay transaction integration
  • Automated Paypal transaction integration
  • Formatting downloaded spreadsheets
  • Tax Years are US format with $ signs instead of GPB £
  • Needs to be successfully updated to be used properly in non US countries
Yes
Easy to use and to find your way around it. I didn't use it too often but being able to send an invoice to a customer while on mobile is priceless while onsite; gets you paid quicker and able to 'seal the deal' onsite. Just really wish you could download good spreadsheets without the formatting date problem.
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.

Businesses owners experience with GoDaddy Bookkeeping.

Rating: 8 out of 10
July 30, 2015
JS
Vetted Review
Verified User
GoDaddy Bookkeeping
2 years of experience
I really dislike all the minor things I have to do when owning a business. GoDaddy Bookkeeping solves some of the problems I have and lets me focus on what I do. I use it as a light-weight CRM, and as an invoicing and bookkeeping tool.
  • 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.
GoDaddy Bookkeeping is well suited for small business that don't want to waste time dealing with bookkeeping. It wouldn't work well for larger business.
General Ledger and Configurable Accounting (12)
57.5%
5.8
Accounts payable
70%
7.0
Accounts receivable
70%
7.0
Cash management
60%
6.0
Bank reconciliation
80%
8.0
Expense management
70%
7.0
Time tracking
60%
6.0
Fixed asset management
70%
7.0
Multi-currency support
N/A
N/A
Multi-division support
N/A
N/A
Regulations compliance
50%
5.0
Electronic tax filing
80%
8.0
Self-service portal
80%
8.0
Inventory Management (4)
12.5%
1.3
Inventory tracking
N/A
N/A
Automatic reordering
50%
5.0
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (4)
32.5%
3.3
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
70%
7.0
Cost of goods sold
60%
6.0
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
76.66666666666667%
7.7
Dashboards
80%
8.0
Standard reports
80%
8.0
Custom reports
70%
7.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
N/A
N/A
Role-based user permissions
N/A
N/A
Single sign-on capability
N/A
N/A
  • Saves Time
  • Saves Headaches
  • Keeps me organized so I don't miss Invoices
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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