^ "GoDaddy Acquires Outright, Establishes Mountain View Office".“ Advice for Tax Procrastinators, 2009.” Retrieved March 29, 2010 ^ a b By Kathy Yakal, PC Magazine Review of Outright."eBay Sellers Desperate after GoDaddy Bookkeeping Ends Support". Macworld in 2010 scored it 3.5/5, saying "it was easy to get data into the application, but was missing some critical features that Outright said would be added at a later date." References Small Business Trends recommended it for sole proprietors, finding it lacked features such as payroll necessary for businesses with employees. Īs of 2014, Tech Republic said Outright was "worth a look", comparing it to Intuit's but cautioned that while it offered better tax-calculation facilities than, it offered no way to actually pay taxes. Īs of 2014, PCMag gave Outright Plus 2.5/5, praising its user interface however they criticised its limited features, saying it would be ok for "a sole proprietor or very small business", and recommending QuickBooks Online for those seeking a fuller-featured solution. On-line selling on eBay Bookkeeping Selling Manager app that imported transaction data from eBay and PayPal accounts to help eBay sellers manage their finances.Managed W-9s for paying independent contractors, freelancers, and anyone outside of company staff for 1099 filings.Reports income and expenses for sole proprietors filing a Schedule C or 1040.Data import - The application could import financial information from PayPal, FreshBooks, oDesk, and other financial management tools.Tracked and managed business income, expenses and tax liabilities.The software was designed as a software as a service model. On July 17, 2012, announced in an email to all customers that they had been acquired by. Today, the website manages $1.2 billion in transactions from small businesses and independent contractors. In 2009, the company raised a total of $7.7 million funding from Sequoia Capital, First Round Capital, Shasta Ventures and SoftTech VC among others. The BootStrap website existed for only a few months before being renamed Outright The Website was renamed Outright just a few months after launch, though it continues to be operated by BootStrap, Inc. As a Product Manager and Software Engineer respectively, the two were heavily involved in the development and marketing of Quicken products.Ĭurren and Reeth had become increasingly frustrated with the complexity of doing taxes for small businesses, so in 2008 they founded a company and website called BootStrap. Kevin Reeth and Ben Curren worked together at Intuit in 2006 and then later at a web-application firm called Esomnie LLC. It was acquired by GoDaddy in 2012 for approximately $20 million and had been rebranded as GoDaddy Online Bookkeeping. The software also provided means to organize and categorize expenses for filing a United States Schedule C tax return. In May 2022, GoDaddy announced the software would be discontinued on June 18, 2022. Outright was an accounting and bookkeeping software application that assists small businesses and sole proprietors with managing their business's income and expenses.
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