Last updated:
Title: Terms of Service for Bookeeping.ai
Last Updated: October 29, 2024
Welcome to Bookeeping.ai ("the Service"), provided by Devi AI LLC ("we," "us," or "our") located at 1309 Coffeen Avenue, Sheridan, WY 82801. These Terms of Service ("Terms") govern your use of our AI-powered bookkeeping tool, designed to help small businesses, bookkeepers, and accountants streamline financial statement creation and compliance tasks.
By using our Service, you agree to be bound by these Terms. If you do not agree, you may discontinue use of the Service.
Bookeeping.ai is the first AI Accountant designed for small businesses, accountants, and bookkeepers. Our tool helps automate a wide array of bookkeeping tasks, including invoicing, statement preparation, document management, email communication, and financial sheet generation. Our app also automations to do repetative tasks on its own e.g. automates receipt collection and offers automatic bank reconciliation services.
The Service is available to adult individuals and entities in approved countries. By using the Service, you confirm that you meet these eligibility criteria.
4.1. Account Creation: You must create an account to access the Service. You agree to provide accurate, current, and complete information during registration.
4.2. Account Responsibilities: You are responsible for maintaining the confidentiality of your account and password and accept responsibility for all activities that occur under your account.
4.3. Business Representation: If you are using the Service on behalf of a business or organization, you represent that you have authority to act on its behalf and bind it to these Terms.
4.4. Account Termination: We reserve the right to terminate or suspend your account at our sole discretion if we believe you have violated these Terms, or for other reasons we deem harmful to the Service or its users.
5.1. Subscription Model: We offer a monthly subscription for small businesses, as well as an Enterprise plan with customizable storage and AI model options.
5.2. Payment Terms: For details on billing cycles, payment methods, refunds, or cancellations, please refer to our Cancellation and Refund Policy at https://bookeeping.ai/en/cancellation-policy.
Adding MongoDB's SOC 2 compliance emphasizes an extra layer of assurance. Here’s the updated section:
6.1. Data Storage: We store user data securely through MongoDB Atlas, a SOC 2-compliant database provider, with primary storage in Ireland and the United States. Users may request data storage in alternative regions, subject to availability.
6.2. Data Security: We prioritize the safety and privacy of your data with the following robust security measures:
For a comprehensive overview of our security practices, please visit https://bookeeping.ai/en/security.
Please note that no method of internet transmission or storage is entirely secure, and we cannot guarantee absolute protection.
7.1. Platform Role:
7.2. User Responsibilities:
7.3. No Liability for Third-Party Services: We are not liable for any disputes, losses, or damages arising from interactions with third parties or professionals through our platform or for AI-generated financial outputs. Users agree to hold us harmless from claims arising from the use of our platform.
You agree not to engage in any of the following activities:
9.1. Our Rights: The Service and its original content, features, and functionality remain the exclusive property of Devi AI LLC and its licensors.
9.2. Your Rights: You retain ownership of any data you input into the Service.
Our Service uses AI and Large Language Models (LLMs) to perform certain tasks. While we work to ensure accuracy, these are emerging technologies and may produce unexpected or imperfect results. Users should verify outputs before making critical financial decisions and consult professionals if needed.
Furthermore, Bookeeping.ai functions solely as a software tool and does not offer professional accounting or financial advice. Users are fully responsible for decisions, actions, and professional services provided or received using our platform, including compliance with applicable laws and regulations. We disclaim any liability for disputes, losses, or damages arising from user relationships or professional activities conducted on or through the platform.
The Service is provided “as-is” and “as-available.” We disclaim all warranties, express or implied. Devi AI LLC and its affiliates are not liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, goodwill, or usage, resulting from your use or inability to use the Service.
You agree to indemnify and hold harmless Devi AI LLC, its officers, employees, and agents from claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising from your use of the Service or your violation of these Terms.
We reserve the right to modify or discontinue the Service (or any part of it) with or without notice. We may also revise these Terms. Continued use of the Service after revised Terms are posted implies acceptance of the changes.
These Terms are governed by the laws of Wyoming, United States, without regard to conflict of law principles. Our failure to enforce any provision does not constitute a waiver of rights.
If you have questions about these Terms, please contact us:
By using Bookeeping.ai, you confirm that you have read and understood these Terms of Service and agree to be bound by them.