![]() This means that the software computes and records your taxes as it works on your transactions. Schedule-C tax lines, as prescribed by IRS are used to classify data. The process of preparing your taxes is covered by GoDaddy Bookkeeping. Since GoDaddy organizes all you expenses and sales in a single platform, you can easily tell the status of your business know your most loyal clients and understand expenditure trends and concomitant sales. Moreover, you can create automatic reminders and receive payments online making it easier to get paid without having to bother your clients. If any of the invoices in the system has been viewed or a client has paid, you will be updated. ![]() You will be able to track the time it takes to convert an invoice and dispatch it to your clients. GoDaddy allows you to create, send and follow-up invoices. You can also access your data from any computer or internet-enabled phone, with the information you get being updated real-time. Further, you are not required to download, install or update any software. With the software, all your business accounts will be collated and the pertinent income and expense reports generated. Their straightforward approach to accounting organizes all your financial transactions in one portal, provides accurate and updated snapshots of your business, spontaneously imports and classifies all your business data and makes your business ready for all tax-related processes. GoDaddy wants to free you from keeping spreadsheets, manually entering data and mountains of receipts. The firm’s customer care staff is available 24/7 on phone, email and live chat. Although there is not free trial, GoDaddy has a money back guarantee in place. There are three different pricing plans with respective prices and features that you can choose from. The software puts a strong emphasis on sales and expense tracking, maintaining an updated profit and loss account, calculating taxes as per your transactions, sending invoices and running your accounts from any place at any time using your mobile phone. It also does not require manual data entry and is not tedious to use. It is a relatively easy program to operate and does not require you to have previous accounting knowledge. As the company is expanding its suite of products and services to cater to various needs of small businesses, GoDaddy acquired Outright and integrated the accounting solution in its offerings. GoDaddy Bookkeeping is the online accounting software provided by hosting and domain expert GoDaddy.
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