GoDaddy Bookkeeping’s direct integration with Amazon, eBay, and Etsy make it terrific for entrepreneurs. Its overall bookkeeping depth and flexibility are good, and it’s easy to use, but it lacks much of direct competitor FreshBooks’ functionality.
Summary
The founders of small business accounting software GoDaddy Bookkeeping wanted to build a simple website that would help self-employed individuals—primarily freelancers and contractors—calculate what they would owe in estimated taxes every quarter. GoDaddy is, of course, better known for its excellent web hosting service, long a staple of the industry, but its bookkeeping service is definitely worth watching, too. The site has grown over the years to include good invoicing tools, as well as integration with eBay, Etsy, and Amazon, making it easy for small and part-time merchants to link their sales on those sites to its bookkeeping engine.
Pros
- Inexpensive
- Good invoicing tools and dashboard
- Simple time entries
- Calculates estimates for quarterly taxes
- Direct integration with Amazon, eBay, Etsy, and PayPal
Cons
- No project tracking or bill payment
- Lacks multicurrency support
- Minimal client information in records