Web Development and Strategy Consultant ( company, myself only employees)
Outright was never the most advanced or accurate accounting SAAS tool in the world but it did the job more or less I guess. It's leading quality is being super super simplified so that you don't need any accounting knowledge to understand it. It consumed financial data automatically which was a big win. So for a one-person business it cut down a lot on bookkeeping overhead. Then GoDaddy bought them out and instead of letting the product operate independently they rolled it into GoDaddy head first. Changed the name to "GoDaddy Bookkeeping", make you pay by logging into your GoDaddy account etc. Not long after the acquisition they basically took my account hostage and wouldn't let me access it again unless I signed up for a full year subscription in advance. GoDaddy invested a little into improving the software since the acquisition, but it seemed to have been a one-time facelift and the core product is still exactly the same as it was. I'm increasingly concerned they'll just pull the plug on it one day. And it's a little disturbing that GoDaddy has access to all my business financial data. Of the vendors I use, I trust GoDaddy the least, so lord knows what they're doing with my financial records. It occurred to me GoDaddy could easily start warehousing and selling my business data so I'm making it a priority to get off this platform ASAP.
Pros: It kinda worked. Very simple to use for non-accountants.
Cons: Owned by GoDaddy.
Outright was a decent application. It was purchased by GoDaddy and their copyright lobbying, elephant killing, CEO (not a joke). They forced all customers into the GoDaddy product suite and forced data sharing and forced everyone to buy a subscription. Not only was I able to find an alternative... but I've found something much better!
I used to hate accounting! Fortunately Outright is good enough to fit my needs (which are not too high since I am a small business owner). There are two categorizations: Income and Outcome. Setting up new categories is quite complicated but once it is done you can lean back.
Pros: Good if your clients use Paypal
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