Godaddy bookkeeping down11/4/2023 ![]() ![]() When I went back and looked at the info my accountant used from my year end reports, the fees were never broken down but lumped together in a category called fees. I did not see a place to print a schedule C, but my accountant should be able to pull the information from the Profit and Loss report I hope:). Wave will also let me print profit and loss reports. Basically those are the items I recorded in GoDaddy. ![]() I’ll just manually enter the expenses and save receipts. I didn’t even connect a bank account this time since I use my personal account for deposits and expenses. I also Set up eBay and Etsy to send me monthly reports and will save them as backup in case I ever need to prove what I’ve sold. Going forward, I will manually enter end of month total for sales, total fees and total shipping fees from eBay and Etsy. ![]() I downloaded all my godaddy CVS files from previous years as a back up and saved in my Google Files. I’m with you guys! After giving QuickBooks more time than I wanted, I switched to Wave. I’ll miss GoDaddy’s automation, but not having to spend a week at the end of each year trying to track down all the stuff it goofed up won’t be. Like everyone else, there doesn’t seem to be a good, general-use tool for grabbing bank transactions, so I’ve been doing it manually. Moving forward, I’ll be using eBay’s own reports and my usual financial tracking/budgeting software to track business expenses that aren’t in the eBay reports. Seeing the price of the competition, I guess you get what you pay for. I guess for most of us the numbers reported by GoDaddy were “close enough” to use for tax purposes, but it still worried me a great deal that it had so many weird quirks. This signals to me that they weren’t confident in the software and didn’t want to risk hosing a bunch of accounts at once if their “fix” didn’t work.
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