Expense management
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
Cat avg: 8.5
Top Performing Features
Electronic tax filing
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
Cat avg: 8.5
Standard reports
The software offers pre-built reports with metrics standard to the category.
Cat avg: 8.5
Cash management
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
Cat avg: 8.4
Worst Performing Features
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Cat avg: 8.5
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Cat avg: 8.5
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Cat avg: 8.5
GoDaddy Bookkeeping Features from Reviews
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
3-62%
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Category average: 8.5
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
5.5-38%
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Category average: 8.8
Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Category average: 8.8
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
6.3-22%
Dashboards
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
Category average: 8.1
Standard reports
The software offers pre-built reports with metrics standard to the category.
Category average: 8.5
Custom reports
Users can create custom reports.
Category average: 8
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
5.7-30%
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.7
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Category average: 8.7
Cash management
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
Category average: 8.4
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Category average: 8.5
Expense management
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
Category average: 8.5
Time tracking
The software can track billable and non-billable employee time by project.
Category average: 7.9
Fixed asset management
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
Category average: 8.1
Regulations compliance
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
Category average: 8
Electronic tax filing
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
Category average: 8.5
Self-service portal
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
Category average: 8
Global Financial Support
Account using multiple ledgers, multiple currencies, and multiple entities
Category average: 7.8
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
5-29%
Automatic reordering
The software can be set up to automatically reorder a good when it falls below a certain threshold.
Category average: 6.7
Order Management
The ability to process orders, and track them from quote to cash.
5-37%
Order entry
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
Category average: 8.5
Credit card processing
The software facilitates credit card processing.
Category average: 7.7
Cost of goods sold
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
Category average: 8.6