Terms and Conditions
1. Introduction
These terms and conditions govern the provision of bookkeeping services ("Services") by ProFinance Bookkeeping Services ("ProFinance") to clients ("Clients"). By engaging ProFinance for Services, Clients agree to adhere to these terms and conditions in their entirety.
2. Scope of Services
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ProFinance shall provide bookkeeping services as described and agreed upon in the service proposal or agreement between ProFinance and the Client.
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Services may include, but are not limited to, data entry, reconciliation, financial reporting, and advisory services.
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ProFinance reserves the right to modify the scope of Services upon mutual agreement with the Client.
3. Client Responsibilities
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Clients shall provide ProFinance with access to relevant financial information, documents, and systems necessary for the provision of Services.
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Clients are responsible for the accuracy and completeness of the information provided to ProFinance.
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Clients shall promptly communicate any changes, updates, or concerns related to the Services.
4. Fees and Payments
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Clients shall pay ProFinance the fees agreed upon in the service proposal or agreement.
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Fees are invoiced monthly/quarterly in advance unless otherwise specified.
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Payment terms are advance before the start of the week or start of the month.
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Late payments may be subject to interest charges or suspension of Services at ProFinance's discretion.
5. Confidentiality
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ProFinance agrees to maintain the confidentiality of all Client information and data obtained during the provision of Services.
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Client information shall not be disclosed to third parties without the prior written consent of the Client, except as required by law.
6. Data Security
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ProFinance implements reasonable measures to safeguard Client data and prevent unauthorized access or disclosure.
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Clients acknowledge and agree that ProFinance may use third-party software or tools in the provision of Services, and data may be stored or processed by such third parties.
7. Termination
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Either party may terminate the agreement upon written notice to the other party.
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Upon termination, Clients shall settle any outstanding fees and provide ProFinance with access to necessary information for the transition of Services.
8. Limitation of Liability
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ProFinance shall not be liable for any indirect, consequential, or incidental damages arising from the provision of Services.
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ProFinance's liability under any circumstance is limited to the amount paid by the Client for the Services.
9. Governing Law and Dispute Resolution
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These terms and conditions shall be governed by and construed in accordance with the laws of Ahmedabad Judiciary.
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Any dispute arising out of or in connection with these terms and conditions shall be resolved through negotiation in good faith. If negotiation fails, the parties agree to submit to arbitration.
10. Amendments
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ProFinance reserves the right to amend these terms and conditions at any time.
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Clients will be notified of any amendments, and continued use of Services constitutes acceptance of the amended terms.