Terms of Service

Last updated: July 3, 2024

1. Introduction

Welcome to Bookeeping.ai ("the Service"), provided by Devi AI LLC ("we," "us," or "our"), located at 1309 Coffeen Avenue, Sheridon, WY 82801. These Terms of Service ("Terms") govern your use of our AI-powered bookkeeping tool designed to help small businesses, bookkeepers and accountants automate financial statements and compliance tasks.

By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the terms, you may not access the Service.

2. Description of Service

Bookeeping.ai is an AI-powered platform designed for small businessses, accountants, and bookkeepers. businesses. Bookeeping.ai is the first AI accountant, offering innovative task-executing AI assistance services to prepare invoices, statements, send emails, prepare documents, and financial sheets. We also automate receipt collection from emails and through our mobile app, and provide automatic bank reconciliation services.

disclaimer: bookeeping.ai does not provide professional advice. Users of Bookeeping.ai are responsible for their own financial decisions, regulatory compliance, and any professional services or advice provided through their accountant and services provider regardless of their use of this tool.

3. Eligibility

The Service is available only to adult individuals and entities residing in locations approved by the US trade list. By using the Service, you represent and warrant that you meet these eligibility requirements.

4. User Accounts

4.1. Account Creation: To access the Service, you must create an account. You agree to provide accurate, current, and complete information during the registration process.

4.2. Account Responsibilities: You are responsible for maintaining the confidentiality of your account and password. You agree to 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 corporation, you confirm that you have the authority to use the Service on its behalf and to bind the entity to these Terms.

4.4. Account Termination: We reserve the right to terminate or suspend your account at our sole discretion, without notice, for conduct that we believe violates these Terms or is harmful to other users of the Service, us, or third parties, or for any other reason.

5. Subscription and Pricing

5.1. Subscription Model: We offer a monthly subscription for small businesses. We also provide an Enterprise plan where users can select their own storage and AI models.

5.2. Payment Terms: [Insert specific payment terms, including billing cycles, accepted payment methods, and any policies regarding refunds or cancellations]

6. Data Usage and Storage

6.1. Data Storage: We store data via MongoDB Atlas in the EU and in the US for the rest of the world. Users can request to store data in any region they prefer, subject to availability.

6.2. Data Security: We employ industry-standard security measures to safeguard your data. However, please be aware that no method of Internet transmission or electronic storage is completely secure, and we cannot ensure absolute protection.

7. Platform Role & User Responsibilities

7.1. Platform Role: a) Bookeeping.ai is a software platform that facilitates bookkeeping and accounting processes. b) We do not provide professional accounting, bookkeeping, or financial advice.

7.2. User Relationships: a) Any professional relationships, contracts, or agreements between users (including between accountants/bookkeepers and their clients) are solely between those users. b) We are not a party to, nor responsible for, any such relationships or agreements.

7.3. User Responsibility: a) Users are solely responsible for any actions taken or decisions made based on information accessed through our platform. b) This includes, but is not limited to, financial decisions, regulatory compliance, and professional services provided or received.

7.4. No Liability: a) We are not liable for any disputes, losses, or damages arising from user relationships or the professional services provided through our platform. b) Users agree to hold us harmless from any claims resulting from their use of our platform in professional capacities.

7.5. Due Diligence: a) Users are responsible for performing their own due diligence when entering into professional relationships with other users. b) We do not verify the qualifications, expertise, or reliability of any user offering professional services through our platform.

By using Bookeeping.ai, you acknowledge and agree to these terms regarding the nature of our service and your responsibilities as a user.

7.2. Prohibited Activities: You agree not to engage in any of the following prohibited activities:

8. Accountant and Bookkeeper Service Providers

8.1. Multi-Client Management: a) Accountants and bookkeepers may add client data and invite clients to the platform. b) You represent that you have the authority to add client data and send invitations. 8.2. Permissions and Access: a) You can assign specific permissions to your clients for various actions within the system. b) You are responsible for managing these permissions appropriately. 8.3. Client Relations: a) You are responsible for obtaining necessary consents from your clients for data sharing. b) You agree to use client data only for the agreed-upon bookkeeping and accounting services. 8.4. Compliance: a) You must comply with all applicable laws and professional standards when using our service for client work. b) We are not responsible for the professional advice or services you provide to your clients.

9. Intellectual Property Rights

9.1. Our Rights: The Service and its original content, features, and functionality are and will remain the exclusive property of Devi AI LLC and its licensors.

9.2. Your Rights: You retain any rights to data you input into the Service.

10. Limitation of Liability

10.1. Disclaimer: THE SERVICE IS PROVIDED ON AN AS-IS AND AS-AVAILABLE BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED.

10.2. Limitation: IN NO EVENT SHALL DEVI AI LLC, ITS DIRECTORS, EMPLOYEES, PARTNERS, AGENTS, SUPPLIERS, OR AFFILIATES, BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE SERVICE.

11. Indemnification

You agree to indemnify and hold harmless Devi AI LLC and its directors, officers, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including, without limitation, reasonable legal and accounting fees, arising out of or in any way connected with your access to or use of the Service or your violation of these Terms.

12. Modifications to the Service and Terms

We reserve the right to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. We may also modify these Terms at any time. Your continued use of the Service following the posting of revised Terms means that you accept and agree to the changes.

13. Governing Law and Jurisdiction

These Terms shall be governed and construed in accordance with the laws of Wyoming, United States, without regard to its conflict of law provisions. Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights.

14. Contact Us

If you have any questions about these Terms, please contact us at support@bookeeping.ai.

By using Bookeeping.ai, you acknowledge that you have read and understood these Terms of Service and agree to be bound by them.