GoDaddy retiring online bookkeeping

[biggymoe]

Just got the following email from GoDaddy.  Of course, that is the service I use.  I hate change.

Online Bookkeeping will retire in 30 days.

After much consideration, we've made the decision to discontinue Online Bookkeeping on June 18, 2022. At that time, the Online Bookkeeping tool will stop importing transactions from your connected channels and your existing data will be archived. To provide you with the best possible experience going forward, we've partnered with Intuit to offer you a special discount on QuickBooks Online.

You have until September 30 to download your Online Bookkeeping content. You can either move your data to QuickBooks using our migration tool or export your .csv file and import it to another accounting platform. You'll receive a prorated return for any time remaining on your term.

We appreciate your business and are here to help make your transition as smooth as possible.

Anyone have experience with QuickBooks, good or bad?

[vintagecraze50]

How is your ebay data loading on this thing. I started this a few days ago and I am seriously missing data, no data from shipping charges which came in as a separate charge since we offer free shipping and pay for Fed Ex labels. I have some final value fees coming in, but no shipping charges yet.

[vintagecraze50]

Quickbooks should ACQUIRE GoDaddy’s program. The most user friendly well designed system I have ever used.

[vintagecraze50]

Ebay, listen up, acquire GoDaddy’s interface and make it available for a smooth transition. Yeah right.

[vintagecraze50]

So you are saying that your Goddady stuff absolutely will not import to the Quickbooks?  They have a import link on their site where I just did mine. I hope they import.

[vintagecraze50]

Why in the world did Goddady  not just  allow these sites to just continue to use their interface if they were going to be discarding it. THIS would have been the SIMPLE solution to this mess. The sites could CHARGE for this, but I guess that would involve a complete hiring of staff to manage it, and the companies like ebay to buy their interface.

[tssullytacklebox]

To answer your question - yes it imports from GoDaddy just fine. It includes all of the eBay expenses including shipping. My question would be: After GoDaddy is done, will it import these expenses from eBay correctly? If not, the simple solution would be to wait until eBay has your monthly statement ready and add those expenses manually. I may be jumping the boat on this because we do not want Quickbooks to import both sales and expenses from eBay and GoDaddy at the same time as that would double everything. I am guessing that it is prioritizing GoDaddy above eBay while the two are being imported on a daily basis (I hope).

For everyone else that is totally lost: There is a fundamental difference between bookkeeping and accounting. Anyone that has balanced a checkbook is familiar with the basic tenants of bookkeeping with the exception of categorizing everything. GoDaddy made it very easy to understand. Accounting on the other hand is a totally different beast. Accounting programs must be set up correctly or you will end up with wrong outcomes. Here is where an accountant would be most helpful. As someone above said, it is much more than we as eBay sellers need. On the other hand, if it is set up right you will no longer need an accountant.

As vintagecraze50 below said, it would have been nice if GoDaddy would have just donated the program to eBay and Etsy and anyone else that has sellers using it but copy write laws probably don't allow for that.

[duffy4444]

   I'm not happy about losing GoDaddy either, just like nearly all the other posts on this thread.

HOWEVER,

    I am a sole proprietorship composed of eBay and Amazon (and Etsy in the near future). I have no employees or need to generate invoices or be concerned about the QuickBooks difference between accounts receivables and actual sales. My receivables ARE actual sales when I get proceeds automatic deposited into my checking account... I also have no need to link my checking account to any accounting software. All I need are the comprehensive monthly and/or year-end reports that are readily available to print out and merge for a P&L. This is all I did before I joined GoDaddy years ago in the first place. GoDaddy was a nice convenience that calculated totals for me and saved me a few hours at tax time for relatively little cost.

   In my business model, I can download the monthly eBay statements and gather the yearly reports from Amazon and Stamps.com. It is a simple matter of taking an hour or two to generate my own P&L for tax purposes with just a few sheets of paper reports printed out and an ability to use my brain and a calculator for math. Documenting my mileage and COGS is not a hassle either, which I understand still has to be manually entered into QuickBooks anyway.

   I know this procedure doesn't fit many other sellers' needs, but it does mine. I have read all the hassles on this thread from frustrated posters unsuccessfully migrating to QuickBooks, and I don't need the headache that others are having when it's unnecessary in my simplified business model. 

   I really hope that eBay comes to our rescue and acquires GoDaddy Bookkeeping for us to use (yeah, right - I'm not holding my breath!). But until something more simple and less ominous or unnecessarily expensive comes up for me to use, taking a couple extra hours at tax time to manually gather the needed information is a better decision than pulling my hair out and hundreds of dollars more a year for confusing and extra accounting features I'm not going to need anyway.

Cheers, Duffy 

[abletronics1]

That's a great idea.  I suggested this to GoDaddy but have not received a response. After a while you are going to get the idea that they don't care about us Ebay sellers. 

[abletronics1]

Good idea.  Have you suggested the idea to Ebay?  If not, do so.  I am going to do it now. 

[abletronics1]

Didn't work for me.  I am not very impressed with Quickbooks. 

[abletronics1]

Probably too many liberals in their organization. 

[abletronics1]

My reaction to this is, do you want to spend your time running your Ebay business or be an accountant. The only reason you are forced to do this is that Ebay sends the IRS an 1099.  Since EBAY does that, they should take the program over.  Send EBAY a message today and tell them that!

[tssullytacklebox]

Duffy your way of doing things is how everything was done before computers were invented - they just made compiling your info much quicker and easier. Your way would probably work for 95% of all eBay sellers. Simple and easy. 

I, like many others had to be dragged kicking and screaming into the digital world - still to this day I leave my cell phone home when I leave the house. But now that I am here I might just as well embrace it and use it to its full advantage. An accountant and maybe even an IRS tax auditor would argue accounting trumps all. I should say proper accounting. I simply made a choice to learn the program the best I could and hopefully I get it right. If not there is always the dumpster and a return to your way of getting it done.

Probably too early to mention bonus features but Turbo Tax imports from Quickbooks so there is that.

[gregorpalon0]

Why doesn't Go Daddy just raise the price? I will pay 20/month! This quick books is way to much

[duffy4444]

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@tssullytacklebox wrote:

Duffy your way of doing things is how everything was done before computers were invented - they just made compiling your info much quicker and easier. Your way would probably work for 95% of all eBay sellers. Simple and easy. 

I, like many others had to be dragged kicking and screaming into the digital world...

---

   Simple and easy, indeed! - not to mention not having the need to spend hundreds of dollars a year on software that I'm only going to use minimally out of convenience. I really have enjoyed GoDaddy, and would jump at the opportunity to keep using it if it were taken over by eBay or another entity as some here have suggested. 

   I, too, am in the digital age, and have embraced it in the ways that work for me. But since all of my downloads are from reports already compiled by eBay, Amazon and Stamps.com, I get to concentrate on sales,  not on being an accountant. My year-end tax efforts are minimal when I simply and quickly merge all the simple, detailed reports that are provided to me for my P&L.

    With my business model, QuickBooks is totally unnecessary. It may be for some other larger sellers, but my comment is about what works for me and could also work for many other smaller sole proprietor sellers who don't need to spend extra hundreds of dollars a year to garner information that is already gathered for them and can simply be downloaded and merged into a P&L in an hour or so.

   The question sellers here have to ask is whether diving deeply into accounting software like QB is necessary. Maybe yes, maybe no.

Cheers, Duffy