etsy and amazon business godaddy bookkeeping

ETSY AND AMAZON BUSINESS GODADDY BOOKKEEPING SOFTWARE
ETSY AND AMAZON BUSINESS GODADDY BOOKKEEPING PLUS

ETSY AND AMAZON BUSINESS GODADDY BOOKKEEPING PLUS

Paper and Spark sells a general-purpose spreadsheet, plus additional ones that are specific to your eBay store, Etsy shop, Amazon Handmade store, Shopify, etc. The discussion is pretty much like ours-people are very upset and those who have tried QuickBooks are experiencing major technical issues. I've been hearing good things about it over on the Etsy seller forum, where people are talking about their options now that GoDaddy is being retired. To those still looking for options other than QuickBooks, there is also Paper and Spark, which is a spreadsheet system made by an accountant who understands the needs of online commerce businesses. I'm hoping to decide in the next few days, and I'm eager to see how things turn out for all of you. So even when you have an automated system, you still have to be vigilant about making sure things get imported and categorized correctly.īest wishes to all on the decision. GoDaddy worked very well, but it wasn't perfect either. Even if QuickBooks gets fixed, it doesn't mean it won't have issues down the line that slip past you, causing an error in your bookkeeping that you don't notice right away. It's just a convenience.Īt the end of the day, you have to ask yourself if the headache of getting started on a new bookkeeping system outweighs the headache of doing it all by hand, month after month. I'm still really sad to see GoDaddy disappear, but I also realize that if I had to go back to using Excel for bookkeeping, it wouldn't be as complicated for me as it once was.įor store owners that already have a complicated situation, or store owners that are planning to grow their footprint dramatically, an online bookkeeping system is a great idea, but for myself and others that are maintaining a fairly small presence on eBay, it's not an absolute must. And these days, I typically have only 250 to 300 active listings at any given time, with no plans to re-grow the size of my inventory for at least another six months to a year. I got rid of the Etsy shop in 2020, and now that eBay requires Managed Payments, I hardly ever need Paypal for anything.

The Etsy sales were paid to me either through Paypal or through Etsy's own in-house payment processing plan, Etsy Payments.įlash-forward to the present. All the eBay sales were paid to me through Paypal because Managed Payments wasn't required.

A lightbulb went on over my head the other day when I realized that my situation has changed a lot since I first signed up with GoDaddy about eight or nine years ago.īack then, I had an eBay store and an Etsy shop with over 1,000 listings between them. If I have the necessary reports already generated by eBay, Amazon and, I'm cool. It took me only a few of the over 100 comments her so far to come to the conclusion that only an hour or so of inconvenience at tax time is not worth the hair-pulling and frustration others are going thru just to migrate to QB.

ETSY AND AMAZON BUSINESS GODADDY BOOKKEEPING SOFTWARE

And I don't need to link any accounting software to my checking account or be concerned about the difference between receivables and sales, etc, etc, etc. I'll gladly join a renamed GoDaddy Bookkeeping out of convenience if some entity takes it over as it is currently used, but for now I need to keep things simplified and concentrate on sales, not on being an accountant or willing to pull my hair out for something that I will only use 10% of. Paying hundreds of dollars a year for QB accounting software, that will only minimally be used for convenience, is a no-go for me. Gathering a few pages of reports, using one's head and a simple calculator for an hour or so at tax time, one can pretty easily merge them into a simple, comprehensive P&L. But for a lot of small sole proprietors (which I think is the bulk of eBay sellers), utilizing the reports already provided by eBay should suffice. Some high-volume eBay businesses, particularly with employees, may need QuickBooks or something similar. This is what I was saying in my messages #82 and #90 above. I was kind of freaking out at first, but I think the sales report gives you all the data you need.

Once you get rid of the unnecessary columns you don’t need, it has all your sales and fees. You actually tried looking at the sales report eBay provided? It’s pretty straight forward.

Etsy and amazon business godaddy bookkeeping