Invoices, for example, has smaller tabs for Clients, Payments, Estimates, Items, and Recurring Schedules. When you click on one, the activities managed there appear as sub-tabs. The site is broken down into several areas represented by tabs running horizontally across the top, like Expenses, Invoices, Time, and Taxes. Account balances are listed, as are your current estimated and sales tax due, and your mileage deductions.īoth GoDaddy Bookkeeping and FreshBooks employ a standard user interface structure that's used by most competitors. You'll see charts illustrating your annual profit and loss to date, the current month's expenses, and open invoices. Its home page dashboard (or Overview) displays enough information that a quick glance tells you whether you had work to do-and GoDaddy Bookkeeping takes you to the relevant pages. It uses simple language and understandable procedures. The site's categories were created to match the income and expense categories found on the IRS Schedule C, and are used to calculate estimated amounts for your quarterly tax payments.Įasy Operations GoDaddy Bookkeeping was clearly designed with the self-employed population in mind. You can modify these and add more, but it's not advisable. GoDaddy Bookkeeping, like its small-scale competitors, has income and expense categories instead.
FreshBooks offers more.ĭouble-entry accounting requires a Chart of Accounts, a list of names and numbers for the myriad accounts required for bookkeeping.
CSV format, but you won't be able to bring in much information for each contact, as GoDaddy Bookkeeping's record formats only have fields for name, address, email address, phone, and business type. You can import an existing contact file in. And it has an edge on FreshBooks in one major way: It has built-in integration with eBay, Etsy, and Amazon, making it easy for small and part-time merchants and sole proprietors to link their sales on those sites to their bookkeeping engine. These days, GoDaddy Bookkeeping is directly competing with FreshBooks. The site was initially envisioned as a home base that connected to external applications like FreshBooks Visit Site at FreshBooks to become a more comprehensive small business accounting site. The cloud-based accounting service remains true to its simple Outright beginnings, but it has improved depth and flexibility throughout, particularly in its new invoicing capabilities. That idea led them to create Outright, a service that was eventually purchased by popular Web hosting service GoDaddy £2.99 at GoDaddy UK and evolved into GoDaddy Bookkeeping ($9.99 per month) £6.99 at GoDaddy UK. They 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. Tech support beyond network connectivity:Ī few years ago, a couple of young entrepreneurs had an idea. Streaming media for college TV/radio station:
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