TERMS OF USE
Last
updated
August 29, 2024
AGREEMENT TO OUR
LEGAL TERMS
We are fiscal50, Inc
, doing business as fiscal50
(
"Company," "we," "us,"
"our")
, a company registered in
Texas, United
States
at 6009 W Parker Rd, Ste 149 - 1248, Plano, TX 75093-8121,
United States
.
fiscal50 is an AI-powered software that streamlines accounts
management by providing double-entry bookkeeping with generative accounting entries.
This simplifies the accounting process for your business, allowing you to focus on
growth and maximize profits.
You can contact us by email at legal@fiscal50.com
or by mail to 6009 W
Parker Rd, Ste 149 - 1248, Plano, TX 75093-8121, United States.
These Legal Terms constitute a legally
binding agreement made between you, whether personally or on behalf of an entity ("you"),
and fiscal50, Inc
, concerning your access to and use of the Services. You agree that by accessing
the Services, you have read, understood, and agreed to be bound by all of these Legal
Terms. IF YOU DO NOT AGREE WITH ALL OF THESE LEGAL TERMS, THEN YOU ARE EXPRESSLY
PROHIBITED FROM USING THE SERVICES AND YOU MUST DISCONTINUE USE IMMEDIATELY.
We will provide you with prior notice
of any scheduled changes to the Services you are using. The modified Legal Terms will
become effective upon posting or notifying you by
legal@fiscal50.com, as stated in the email message. By continuing to use the
Services after the effective date of any changes, you agree to be bound by the modified
terms.
The
Services are intended for users who are at least 18 years old. Persons under
the age
of 18 are not permitted to use or register for the Services.
We recommend that
you print a copy of these Legal Terms for your records.
DEFINITION AND
INTERPRETATION
A.
Definition
In this
Agreement, unless the context otherwise requires, the expressions enumerated hereto shall
have the meaning assigned to them respectively therein.
In this
“Terms of Use” or “Agreement” or “Terms” means the Agreement entered into between us and you
for provision of use of the Service on date of your registration of the Service;
“Service” means
https://www.fiscal50.com
and
https://app.fiscal50.com website(s) operated by fiscal50,
Inc.
including inter alia the software, web applications, and all associated images, videos,
sounds and jingles, texts, and all additional packaged content, the data, the website, and
any associated services;
“User” or “You”
means any user of the system who registers to use the Service
B.
Interpretation
In interpreting
this Terms and Conditions Agreement, unless the context otherwise require, the following
rules shall apply:
- The Recitals form part of this Agreement.
- Nothing in this Agreement is to be interpreted against a
party solely on the ground that the party put forward this Agreement or any part of
it.
- Headings are for convenience only and do not affect
interpretation.
- The singular includes the plural and conversely.
- A gender includes all genders.
- If a word or phrase is defined, its other grammatical forms
have a corresponding meaning.
- A reference to a person, corporation, trust, partnership,
unincorporated body or other entity includes any of them.
- A reference to a clause, Schedule is a reference to a
clause or a schedule to, this Agreement.
- A reference to an agreement or document (including a
reference to this Agreement) is to the agreement or document as amended, varied,
supplemented, novated or replaced, except to the extent prohibited by this Agreement
or that other agreement or document.
- A reference to a party to this Agreement or another
agreement or document includes the party’s successors, permitted substitutes and
permitted assigns (and, where applicable, the party’s legal personal
representatives).
- A reference to legislation or to a provision of legislation
includes a modification or re-enactment of it, a legislative provision substituted
for it and a regulation or statutory instrument issued under it.
- A reference to conduct includes an omission, statement and
undertaking, whether or not in writing.
- A reference to a right includes a benefit, remedy,
discretion, authority or power.
- A reference to an obligation includes a warranty or
representation and a reference to a failure to observe or perform an obligation
includes a breach of warranty or representation.
A reference to
anything (including any amount) is a reference to the whole or any part of it and a
reference to a group of things or persons is a reference to any one or more of them.
TABLE
OF
CONTENTS
1. OUR SERVICES
The information provided when using the Services is not
intended for distribution to or use by any person or entity in any jurisdiction or
country where such distribution or use would be contrary to law or regulation or
which
would subject us to any registration requirement within such jurisdiction or
country.
Accordingly, those persons who choose to access the Services from other locations do
so
on their own initiative and are solely responsible for compliance with local laws,
if
and to the extent local laws are applicable.
The Services are not tailored to comply with
industry-specific
regulations (Health Insurance Portability and Accountability Act (HIPAA), Federal
Information Security Management Act (FISMA), etc.), so if your interactions would be
subjected to such laws, you may not use the Services. You may not use the Services
in a
way that would violate the Gramm-Leach-Bliley Act (GLBA).
2. INTELLECTUAL PROPERTY
RIGHTS & GRANT OF RIGHT USE OF SERVICES
Our
intellectual property
We are the owner or the licensee of
all intellectual property rights in our Services, including all source code,
databases,
functionality, software, website designs, audio, video, text, photographs, and
graphics
in the Services (collectively, the "Content"), as well as the trademarks, service
marks, and logos contained therein (the "Marks"
).
Our Content and Marks are protected by
copyright and trademark laws (and various
other intellectual property rights and unfair competition laws) and treaties in the
United
States and around the world.
The Content and Marks are provided in
or through the Services "AS IS" for your
personal, non-commercial use or internal business purpose
only.
Your
use
of our Services
Subject to your compliance with these Legal Terms,
including
the "
PROHIBITED
ACTIVITIES
"
section below, we grant you a non-exclusive, non-transferable, revocable
license
to:
- access the Services during the term of the subscription;
and
- download or print a copy of any portion of the Content
to
which you have properly gained access.
solely for your personal, non-commercial use or internal business
purpose.
Except as set out in this section or
elsewhere in our Legal Terms, no part of the Services and no Content or Marks may be
copied, reproduced,
aggregated, republished, uploaded, posted, publicly displayed, encoded,
translated, transmitted, distributed, sold, licensed, or otherwise exploited
for any commercial purpose whatsoever, without our express prior written
permission.
If you wish to make any use of the
Services, Content, or Marks other than as set out in this section or elsewhere in
our
Legal Terms, please address your request to:
legal@fiscal50.com
. If we ever grant you the permission to post, reproduce, or publicly display
any
part of our Services or Content, you must identify us as the owners or licensors of
the
Services, Content, or Marks and ensure that any copyright or proprietary notice
appears
or is visible on posting, reproducing, or displaying our Content.
We reserve all rights not expressly
granted to you in and to the Services, Content, and Marks.
Any breach of these Intellectual
Property Rights will constitute a material breach of our Legal Terms and your right
to
use our Services will terminate immediately.
Your submissions and contributions
Please review this section and the "PROHIBITED ACTIVITIES
"
section carefully prior to using our Services to understand the (a) rights you give
us
and (b) obligations you have when you post or upload any content through the
Services.
Submissions: By directly sending us any
question, comment, suggestion, idea, feedback, or other information about the
Services (
"Submissions"
), you agree to assign to us all intellectual property rights in such
Submission.
You agree that we shall own this Submission and be entitled to its unrestricted use
and
dissemination for any lawful purpose, commercial or otherwise, without
acknowledgment or
compensation to you.
Contributions: The Services may invite you
to
chat, contribute to, or participate in blogs, message boards, online forums, and
other
functionality during which you may create, submit, post, display, transmit, publish,
distribute, or broadcast content and materials to us or through the Services,
including
but not limited to text, writings, video, audio, photographs, music, graphics,
comments,
reviews, rating suggestions, personal information, or other material (
"Contributions"). Any Submission that is publicly
posted
shall also be treated as a Contribution.
You understand that Contributions may be viewable by other
users of the Services and possibly through
third-party websites.
When you post Contributions, you grant us a license
(including use of your name, trademarks, and logos): By posting
any
Contributions, you grant us an unrestricted, unlimited, irrevocable, perpetual,
non-exclusive, transferable, royalty-free, fully-paid, worldwide right, and license
to: use, copy, reproduce, distribute, sell, resell, publish, broadcast, retitle,
store,
publicly perform, publicly display, reformat, translate, excerpt (in whole or in
part),
and exploit your Contributions (including, without limitation, your image, name, and
voice) for any purpose, commercial, advertising, or otherwise, to prepare derivative
works of, or incorporate into other works, your Contributions, and to
sublicense the licenses granted in this section. Our
use and
distribution may occur in any media formats and through any media channels.
This license includes our use of your name, company
name, and franchise name, as applicable, and any of the trademarks, service marks,
trade
names, logos, and personal and commercial images you provide.
You are responsible for what you post or
upload: By sending us Submissions
and/or
posting Contributions through any part
of
the Services or making Contributions accessible
through the Services by linking your account through the Services to any of your
social
networking accounts, you:
- confirm that you have read and agree with our
"
PROHIBITED
ACTIVITIES
"
and will not post, send, publish, upload, or transmit through the Services any
Submission nor post any Contribution that is illegal, harassing,
hateful,
harmful, defamatory, obscene, bullying, abusive, discriminatory, threatening to
any
person or group, sexually explicit, false, inaccurate, deceitful, or misleading;
- to the extent permissible by applicable law, waive any
and
all moral rights to any such Submission
and/or
Contribution;
- warrant that any such Submission and/or
Contributions are original to you or that you
have
the necessary rights and licenses to submit such Submissions
and/or Contributions and that you have full
authority
to
grant us the above-mentioned rights in relation to your Submissions
and/or Contributions; and
- warrant and represent that your Submissions
and/or Contributions do not constitute
confidential
information.
You are
solely
responsible for your Submissions and/or Contributions
and you expressly agree to reimburse us
for
any and all losses that we may suffer because of your breach of (a) this section, (b)
any
third party’s intellectual property rights, or (c) applicable law.
We
may
remove or edit your Content: Although we have no obligation to monitor any
Contributions, we shall have the right to remove or edit any Contributions at any time
without notice if in our reasonable opinion we consider such Contributions harmful or in
breach of these Legal Terms. If we remove or edit any such Contributions, we may also
suspend or disable your account and report you to the authorities.
Copyright
infringement
We respect
the
intellectual property rights of others. If you believe that any material available on or
through the Services infringes upon any copyright you own or control, please immediately
refer to the
"
COPYRIGHT INFRINGEMENTS
"
section
below.
By using the Services, you represent
and warrant that:
(1) all registration
information you submit
will be true, accurate, current, and complete; (2) you will maintain the
accuracy of such information and promptly update such registration
information as necessary;
(3) you have the legal capacity and
you
agree to comply with these Legal Terms;
(4) you are not a
minor in the jurisdiction in which you reside
; (5) you will not access the
Services
through automated or non-human means, whether through a bot, script or
otherwise; (6) you will not use the Services
for
any illegal or unauthorized
purpose; and (7) your use of the Services will
not
violate any applicable law or regulation.
If
you
provide any information that is untrue, inaccurate, not current, or
incomplete,
we have the right to suspend or terminate your account and refuse any and
all
current or future use of the Services (or any portion thereof).
You
are be required to register to use the Services. You agree to keep
your
password confidential and will be responsible for all use of your
account and password. You agree to take responsibility for all
activities and actions that occur under your account and/or password,
whether it is with our Service or a third-party service. You must notify
us immediately if you become aware of any security breaches or
unauthorized use of your account. If you create sub-user accounts, those
sub-users must accept these terms of use before they can start using the
services. We reserve the right to remove, reclaim, or
change
a username you select if we determine, in our sole discretion, that
such
username is inappropriate, obscene, or otherwise objectionable.
We accept the following forms of
payment:
- Visa
- Mastercard
- American Express
- Discover
You agree to provide current,
complete, and accurate purchase and account information for all purchases made via
the
Services. You further agree to promptly update account and payment information,
including email address, payment method, and payment card expiration date, so that
we
can complete your transactions and contact you as needed. Sales tax will be added to
the
price of purchases as deemed required by us. We may change prices at any time. All
payments shall be in
US dollars.
Our service uses Stripe to facilitate
payments and complete purchases. By submitting your information, you consent to our
sharing of this information with Stripe, in accordance with our Privacy Policy. For more
details, please review Stripe's terms and conditions.
You agree to pay all charges at the
prices then in effect for your purchases and any applicable shipping fees, and you
authorize
us to charge your chosen payment provider for any such amounts upon placing
your
order. We reserve the right to correct any errors or mistakes in pricing, even if we
have already requested or received payment.
We reserve the right to refuse any
order placed through the Services. We may, in our sole discretion, limit or cancel
quantities purchased per person, per household, or per order. These restrictions may
include orders placed by or under the same customer account, the same payment
method,
and/or orders that use the same billing or shipping address. We reserve the right to
limit or prohibit orders that, in our sole
judgment
, appear to be placed by dealers,
resellers, or distributors.
6.
SUBSCRIPTIONS
Billing and Renewal
Your subscription will continue and automatically
renew unless canceled.
You consent to our charging your
payment
method on a recurring basis without requiring your prior approval for each recurring
charge, until such time as you cancel the applicable order.
The length of your billing cycle will
depend
on the type of subscription plan you choose when you subscribed to the Services
.
Free Trial
We offer a 90-day free trial to
new
users who register with the Services.
The account will not be charged and the subscription will be
suspended until upgraded to a paid version at the end of the free trial.
Cancellation
All purchases are non-refundable.
You can cancel your subscription at any time by
logging into your account. Your cancellation will
take effect at the end of the current paid term. If you have any questions or are
unsatisfied with our Services, please email us at
legal@fiscal50.com.
Fee Changes
We may, from time
to
time, make changes to the subscription fee and will communicate any price changes to
you
in accordance with applicable law.
You may
not
access or use the Services for any purpose other than that for which we make the
Services available. The Services may not be used in connection with any
commercial
endeavors
except those that are specifically endorsed or approved by us.
As
a user of the Services, you agree not to:
-
Systematically
retrieve data or other content from the Services to create or
compile, directly or indirectly, a collection, compilation,
database, or directory without written permission from
us.
-
Trick,
defraud, or mislead us and other users, especially
in
any attempt to learn sensitive account information
such
as user
passwords.
-
Circumvent,
disable, or otherwise interfere with
security-related
features of the Services, including features that
prevent or restrict the use or copying of any
Content or
enforce limitations on the use of the Services
and/or
the Content contained
therein.
-
Disparage,
tarnish, or otherwise harm, in our opinion, us
and/or
the Services.
-
Use
any information obtained from the Services in order
to
harass, abuse, or harm another
person.
-
Make
improper use of our support services or submit false
reports of abuse or
misconduct.
-
Use
the Services in a manner inconsistent with any
applicable laws or
regulations.
-
Engage
in unauthorized
framing of
or linking to the
Services.
-
Upload
or transmit (or attempt to upload or to transmit)
viruses, Trojan horses, or other material, including
excessive use of capital letters and spamming
(continuous posting of repetitive text), that
interferes
with any party’s uninterrupted use and enjoyment of
the
Services or modifies, impairs, disrupts, alters, or
interferes with the use, features, functions,
operation,
or maintenance of the
Services.
-
Engage
in any automated use of the system, such as using
scripts to send comments or messages, or using any
data
mining, robots, or similar data gathering and
extraction
tools.
-
Delete
the copyright or other proprietary rights notice
from
any Content.
-
Attempt
to impersonate another user or person or use the
username of another
user.
-
Upload
or transmit (or attempt to upload or to transmit)
any
material that acts as a passive or active
information
collection or transmission mechanism, including
without
limitation, clear graphics interchange formats (
"gifs"), 1×1
pixels, web bugs, cookies, or other similar devices
(sometimes referred to as
"spyware" or "passive collection mechanisms"
or
"pcms"
).
-
Interfere
with, disrupt, or create an undue burden on the
Services
or the networks or services connected to the
Services.
-
Harass,
annoy, intimidate, or threaten any of our employees
or
agents engaged in providing any portion of the
Services
to you.
-
Attempt
to bypass any measures of the Services designed to
prevent or restrict access to the Services, or any
portion of the
Services.
-
Copy
or adapt the Services' software, including but not
limited to Flash, PHP, HTML, JavaScript, or other
code.
-
Except
as permitted by applicable law, decipher, decompile,
disassemble, or reverse engineer any of the software
comprising or in any way making up a part of the
Services.
-
Except
as may be the result of standard search engine or
Internet browser usage, use, launch, develop, or
distribute any automated system, including without
limitation, any spider, robot, cheat utility,
scraper,
or offline reader that accesses the Services, or use
or
launch any
unauthorized
script or other
software.
-
Use
a buying agent or purchasing agent to make purchases
on
the Services.
-
Make
any unauthorized
use
of the
Services, including collecting usernames and/or
email
addresses of users by electronic or other means for
the
purpose of sending unsolicited email, or creating
user
accounts by automated means or under false pretenses
.
-
Use
the Services as part of any effort to compete with
us or
otherwise use the Services and/or the Content for
any
revenue-generating
endeavor
or commercial enterprise.
-
Use the Services to advertise or offer to sell
goods and services.
-
Sell or otherwise transfer your profile.
8. USER
GENERATED CONTRIBUTIONS
The Services may invite you to chat, contribute to, or
participate in blogs, message boards, online forums, and
other
functionality, and may provide you with the opportunity to
create, submit, post, display, transmit, perform, publish,
distribute, or broadcast content and materials to us or on
the
Services, including but not limited to text, writings,
video,
audio, photographs, graphics, comments, suggestions, or
personal
information or other material (collectively,
"Contributions").
Contributions
may be viewable by other users of the Services and through
third-party websites. As such, any Contributions you
transmit
may be treated as non-confidential and non-proprietary. When
you
create or make available any Contributions, you thereby
represent and warrant that:
- The creation, distribution,
transmission, public display, or performance, and the accessing,
downloading, or copying of your Contributions do not and will
not
infringe the proprietary rights, including but not limited to
the
copyright, patent, trademark, trade secret, or moral rights of
any
third party.
- You are the creator and owner of
or
have the necessary licenses
, rights,
consents,
releases, and permissions to use and to authorize us, the Services,
and
other users of the Services to use your Contributions in any
manner
contemplated by the Services and these Legal
Terms.
- You have the written consent,
release,
and/or permission of each and every identifiable individual
person
in your Contributions to use the name or likeness of each and
every
such identifiable individual person to enable inclusion and use
of
your Contributions in any manner contemplated by the Services
and
these Legal Terms.
- Your Contributions are not false,
inaccurate, or misleading.
- Your Contributions are not
unsolicited
or unauthorized
advertising,
promotional materials, pyramid schemes, chain letters, spam,
mass
mailings, or other forms of solicitation.
- Your Contributions are not
obscene,
lewd, lascivious, filthy, violent, harassing, libelous, slanderous, or
otherwise objectionable (as determined by
us).
- Your Contributions do not
ridicule,
mock, disparage, intimidate, or abuse
anyone.
- Your Contributions are not used to
harass or threaten (in the legal sense of those terms) any other
person and to promote violence against a specific person or
class of
people.
- Your Contributions do not violate
any
applicable law, regulation, or rule.
- Your Contributions do not violate
the
privacy or publicity rights of any third
party.
- Your Contributions do not violate
any
applicable law concerning child pornography, or otherwise
intended
to protect the health or well-being of
minors.
- Your Contributions do not include
any
offensive comments that are connected to race, national origin,
gender, sexual preference, or physical
handicap.
- Your Contributions do not
otherwise
violate, or link to material that violates, any provision of
these
Legal Terms, or any applicable law or
regulation.
Any
use of the Services in violation of the foregoing violates these
Legal
Terms and may result in, among other things, termination or
suspension
of your rights to use the Services.
By
posting your Contributions to any part of the Services
, you automatically grant, and you represent and warrant
that
you have the right to grant, to us an unrestricted, unlimited,
irrevocable, perpetual, non-exclusive, transferable,
royalty-free,
fully-paid, worldwide right, and
license to host,
use,
copy, reproduce, disclose, sell, resell, publish, broadcast,
retitle, archive, store, cache, publicly perform, publicly
display,
reformat, translate, transmit, excerpt (in whole or in part),
and
distribute such Contributions (including, without limitation,
your
image and voice) for any purpose, commercial, advertising, or
otherwise, and to prepare derivative works of, or incorporate
into
other works, such Contributions, and grant and authorize
sublicenses of the foregoing.
The
use and distribution may occur in any media formats and through
any
media channels.
This
license will
apply to any
form,
media, or technology now known or hereafter developed, and includes
our
use of your name, company name, and franchise name, as applicable,
and
any of the trademarks, service marks, trade names, logos, and
personal
and commercial images you provide. You waive all moral rights in
your
Contributions, and you warrant that moral rights have not otherwise
been
asserted in your Contributions.
We
do not assert any ownership over your Contributions. You retain full
ownership of all of your Contributions and any intellectual property
rights or other proprietary rights associated with your
Contributions.
We are not liable for any statements or representations in your
Contributions provided by you in any area on the Services. You are
solely responsible for your Contributions to the Services and you
expressly agree to exonerate us from any and all responsibility and
to
refrain from any legal action against us regarding your
Contributions.
We
have the right, in our sole and absolute discretion, (1) to edit,
redact, or otherwise change any Contributions; (2) to
re-categorize any Contributions to
place
them in more appropriate locations on the Services; and (3) to
pre-screen or delete any Contributions at any time and for any
reason,
without notice. We have no obligation to monitor your
Contributions.
10. THIRD-PARTY
WEBSITES AND CONTENT
The Services
may
contain (or you may be sent via the Site
) links to other websites (
"Third-Party Websites") as well as
articles, photographs, text, graphics, pictures, designs, music, sound, video,
information,
applications, software, and other content or items belonging to or originating from
third
parties ("Third-Party Content"
). Such Third-Party Websites and Third-Party Content are not investigated,
monitored, or checked for accuracy, appropriateness, or completeness by us, and we are
not
responsible for any Third-Party Websites accessed through the Services or any Third-Party Content posted on, available
through,
or installed from the Services, including the content, accuracy, offensiveness,
opinions,
reliability, privacy practices, or other policies of or contained in the Third-Party Websites or the Third-Party Content. Inclusion of, linking to,
or
permitting the use or installation of any Third-Party Websites
or any Third-Party Content does not imply approval or
endorsement thereof by us. If you decide to leave the Services and access the Third-Party Websites or to use or install any
Third-Party Content, you do so at your own
risk,
and you should be aware these Legal Terms no longer govern. You should review the
applicable
terms and policies, including privacy and data gathering practices, of any website to
which
you navigate from the Services or relating to any applications you use or install from
the
Services. Any purchases you make through Third-Party Websites
will be through other
websites
and from other companies, and we take no responsibility whatsoever in relation to such
purchases which are exclusively between you and the applicable third party. You agree
and
acknowledge that we do not endorse the products or services offered on Third-Party Websites and you shall hold us
blameless from any harm caused by your purchase of such products or services.
Additionally,
you shall hold us blameless from any losses sustained by you or harm caused to you
relating
to or resulting in any way from any Third-Party
Content or any contact with Third-Party
Websites.
Plaid is a financial services technology company that we use to connect financial
accounts to apps and other services. It allows third parties to access financial data
through application programming interfaces (APIs) and its use is subject to separate
Plaid
terms. Stripe is a payment service
provider that we use to accept credit cards, debit cards, and other payments. It allows
third parties to accept payments through application programming interfaces (APIs) and
its use is subject to separate Stripe terms
11. SERVICES
MANAGEMENT
We reserve the
right,
but not the obligation, to: (1) monitor the Services for violations of these Legal Terms;
(2)
take appropriate legal action against anyone who, in our sole discretion, violates the law
or
these Legal Terms, including without limitation, reporting such user to law enforcement
authorities; (3) in our sole discretion and without limitation, refuse, restrict access to,
limit the availability of, or disable (to the extent technologically feasible) any of your
Contributions or any portion thereof; (4) in our sole discretion and without limitation,
notice,
or liability, to remove from the Services or otherwise disable all files and content that
are
excessive in size or are in any way burdensome to our systems; and (5) otherwise manage the
Services in a manner designed to protect our rights and property and to facilitate the
proper
functioning of the Services.
12. PRIVACY
POLICY
We care about
data
privacy and security. By using the Services, you agree to be bound by our Privacy Policy
posted on the Services, which is incorporated into these Legal Terms. Please be advised
the
Services are hosted in
the United States
. If you access the Services from any other region of
the
world with laws or other requirements governing personal data collection, use, or
disclosure
that differ from applicable laws in
the United States
, then through your continued use of the Services,
you
are transferring your data to
the United States
, and you expressly consent to have your data
transferred
to and processed in
the United States
Please review our Privacy
Policy for more details.
.
13. COPYRIGHT
INFRINGEMENTS
We respect
the
intellectual property rights of others. If you believe that any material available on or
through the Services infringes upon any copyright you own or control, please immediately
notify us using the contact information provided below (a
"Notification"). A copy of your
Notification will be sent to the person who posted or stored the material addressed in
the
Notification. Please be advised that pursuant to applicable law you may be held liable
for
damages if you make material misrepresentations in a Notification. Thus, if you are not
sure
that material located on or linked to by the Services infringes your copyright, you
should
consider first contacting an attorney.
14. TERM
AND TERMINATION & DELETION
These Legal
Terms
shall remain in full force and effect while you use the Services. WITHOUT LIMITING ANY
OTHER
PROVISION OF THESE LEGAL TERMS, WE RESERVE THE RIGHT TO, IN OUR SOLE DISCRETION AND
WITHOUT
NOTICE OR LIABILITY, DENY ACCESS TO AND USE OF THE SERVICES (INCLUDING BLOCKING CERTAIN
IP
ADDRESSES), TO ANY PERSON FOR ANY REASON OR FOR NO REASON, INCLUDING WITHOUT LIMITATION
FOR
BREACH OF ANY REPRESENTATION, WARRANTY, OR COVENANT CONTAINED IN THESE LEGAL TERMS OR OF
ANY
APPLICABLE LAW OR REGULATION. WE MAY TERMINATE YOUR USE OR PARTICIPATION IN THE SERVICES
OR
DELETE
YOUR ACCOUNT AND
ANY CONTENT OR INFORMATION THAT YOU POSTED AT ANY TIME, WITHOUT WARNING, IN OUR
SOLE
DISCRETION.
If we
terminate
or suspend your account for any reason, you are prohibited from registering and creating
a
new account under your name, a fake or borrowed name, or the name of any third party,
even
if you may be acting on behalf of the third party. In addition to terminating or
suspending
your account, we reserve the right to take appropriate legal action, including without
limitation pursuing civil, criminal, and injunctive redress.
You can delete or
terminate your account by requesting deletion from your profile section. Once you submit the
request, your account will be deactivated for seven (7) days before we begin the final
deletion process. You can cancel your deletion request within these seven (7) days. After
seven (7) days, we will start deleting your data, which may take up to fifteen (15)
additional days to remove from our database. Please note that it may take up to one hundred
eighty (180) days to completely delete data from all backups.
This request will
delete your account, but provisions of the Terms that naturally survive termination, such as
ownership provisions, warranty disclaimers, indemnity, and limitations of liability, will
remain in effect.
15. MODIFICATIONS
AND INTERRUPTIONS
We reserve
the
right to change, modify, or remove the contents of the Services at any time or for any
reason at our sole discretion without notice. However, we have no obligation to update
any
information on our Services. We will not be liable to
you
or any third party for any modification, price change, suspension, or discontinuance of
the
Services.
We cannot
guarantee the Services will be available at all times. We may experience hardware,
software,
or other problems or need to perform maintenance related to the Services, resulting in
interruptions, delays, or errors. We reserve the right to change, revise, update,
suspend,
discontinue, or otherwise modify the Services at any time or for any reason without
notice
to you. You agree that we have no liability whatsoever for any loss, damage, or
inconvenience caused by your inability to access or use the Services during any downtime
or
discontinuance of the Services. Nothing in these Legal Terms will be construed to
obligate
us to maintain and support the Services or to supply any corrections, updates, or
releases
in connection therewith.
16. GOVERNING
LAW
These Legal
Terms
and your use of the Services are governed by and construed in accordance with the laws
of
the State of
Texas
applicable to agreements made and to be entirely performed within
the State of Texas
, without regard to its
conflict of law principles.
17. DISPUTE
RESOLUTION
Informal Negotiations
To expedite resolution and control the cost of any dispute,
controversy, or claim related to these Legal Terms (each a
"Dispute" and collectively, the "Disputes"
) brought by either you or us (individually, a
"Party" and collectively, the "Parties"),
the
Parties agree to first attempt to negotiate any Dispute (except those Disputes expressly
provided below) informally for at least thirty (30) days
before
initiating arbitration. Such informal negotiations commence upon written notice from one
Party to the other Party.
Binding Arbitration
If
the Parties are unable to resolve a Dispute through informal
negotiations, the Dispute (except those Disputes expressly excluded below) will be
finally
and exclusively resolved by binding arbitration. YOU UNDERSTAND THAT WITHOUT THIS
PROVISION,
YOU WOULD HAVE THE RIGHT TO SUE IN COURT AND HAVE A JURY TRIAL. The
arbitration shall be commenced and conducted under
the
Commercial Arbitration Rules of the American Arbitration Association (
"AAA")
and,
where appropriate, the AAA’s Supplementary Procedures for Consumer Related Disputes (
"AAA Consumer Rules"),
both of which are available at the American Arbitration Association
(AAA) website. Your
arbitration fees and your share of arbitrator compensation shall be governed by the AAA
Consumer Rules and, where appropriate, limited by the AAA Consumer Rules. If
such costs are determined by the arbitrator to be
excessive,
we will pay all arbitration fees and expenses.
The arbitration may be conducted in person, through the submission of documents,
by
phone, or online. The arbitrator will make a decision in writing, but need not provide a
statement of reasons unless requested by either Party. The arbitrator must follow
applicable
law, and any award may be challenged if the arbitrator fails to do so. Except where
otherwise required by the applicable AAA
rules or applicable law, the arbitration will take place
in
Collin County,
Texas
. Except as otherwise provided herein, the
Parties may litigate in court to compel arbitration, stay proceedings pending
arbitration,
or to confirm, modify, vacate, or enter judgment on the award entered by the arbitrator.
If for any reason, a Dispute proceeds in court rather than
arbitration, the Dispute shall be commenced or prosecuted in the
state and
federal courts
located in
Collin County,
Texas
, and
the Parties hereby consent to, and waive all defenses
of
lack of personal jurisdiction, and forum non conveniens with respect to venue and
jurisdiction in such state and federal courts. Application of the United Nations
Convention
on Contracts for the International Sale of Goods and the Uniform Computer Information
Transaction Act (UCITA) are excluded from these Legal Terms.
In no event shall any Dispute brought by either Party
related in any way to the Services be commenced more than one (1)
years after the cause of action arose.
If this provision is found to be illegal or unenforceable, then neither Party will elect
to
arbitrate any Dispute falling within that portion of this provision found to be illegal
or
unenforceable and such Dispute shall be decided by a court of competent jurisdiction
within
the courts listed for jurisdiction above, and the Parties agree to submit to the
personal
jurisdiction of that court.
Restrictions
The
Parties agree that any arbitration shall be limited to the Dispute between the Parties
individually. To the full extent permitted by law, (a) no arbitration shall be joined with
any
other proceeding; (b) there is no right or authority for any Dispute to be arbitrated on a
class-action basis or to utilize
class action procedures; and (c) there is no
right
or authority for any Dispute to be brought in a purported representative capacity on behalf
of
the general public or any other persons.
Exceptions to Informal Negotiations and
Arbitration
The Parties agree that the following Disputes are not
subject
to the above provisions concerning informal negotiations binding arbitration: (a) any
Disputes
seeking to enforce or protect, or concerning the validity of, any of the intellectual
property
rights of a Party; (b) any Dispute related to, or arising from, allegations of theft,
piracy,
invasion of privacy, or unauthorized use; and (c) any claim for injunctive relief.
If
this provision is found to be illegal or unenforceable, then neither Party will elect to
arbitrate any Dispute falling within that portion of this provision found to be illegal or
unenforceable and such Dispute shall be decided by a court of competent jurisdiction within
the
courts listed for jurisdiction above, and the Parties agree to submit to the personal
jurisdiction of that court.
18. CORRECTIONS
& MAINTENANCE
There may be information on the Services that contains typographical errors, inaccuracies,
or
omissions, including descriptions, pricing, availability, and various other information. We
reserve the right to correct any errors, inaccuracies, or omissions and to change or update
the
information on the Services at any time, without prior notice.
We frequently release updates, modifications, and enhancements to our services, and in some
cases, may discontinue certain features. While we make every effort to notify you in advance, we
cannot guarantee it. We aim to maintain consistent availability of our services, but periodic
maintenance may be necessary, which could result in temporary downtime. We strive to minimize
disruptions and will attempt to notify you in advance of planned maintenance, though this cannot
be guaranteed. You may experience difficulties accessing our services or your data for various
reasons at any time. Scheduled batch jobs may be delayed or fail, which could impact the
processing and availability of your data and services, potentially affecting your access to
timely or accurate information.
19.
DISCLAIMER
THE SERVICES ARE PROVIDED ON AN AS-IS
AND AS-AVAILABLE BASIS. YOU AGREE THAT YOUR USE OF THE SERVICES WILL BE AT YOUR SOLE
RISK.
TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED,
IN
CONNECTION WITH THE SERVICES AND YOUR USE THEREOF, INCLUDING, WITHOUT LIMITATION, THE
IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND
NON-INFRINGEMENT. WE MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY OR
COMPLETENESS OF THE SERVICES' CONTENT OR THE CONTENT OF ANY WEBSITES OR MOBILE
APPLICATIONS
LINKED TO THE SERVICES AND WE WILL ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY (1)
ERRORS,
MISTAKES, OR INACCURACIES OF CONTENT AND MATERIALS, (2) PERSONAL INJURY OR PROPERTY
DAMAGE,
OF ANY NATURE WHATSOEVER, RESULTING FROM YOUR ACCESS TO AND USE OF THE SERVICES, (3) ANY
UNAUTHORIZED
ACCESS TO OR USE OF OUR SECURE SERVERS AND/OR ANY AND ALL PERSONAL INFORMATION
AND/OR
FINANCIAL INFORMATION STORED THEREIN, (4) ANY INTERRUPTION OR CESSATION OF TRANSMISSION
TO
OR FROM THE SERVICES, (5) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE WHICH MAY BE
TRANSMITTED TO OR THROUGH THE SERVICES BY ANY THIRD PARTY, AND/OR (6) ANY ERRORS OR
OMISSIONS IN ANY CONTENT AND MATERIALS OR FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS
A
RESULT OF THE USE OF ANY CONTENT POSTED, TRANSMITTED, OR OTHERWISE MADE AVAILABLE VIA
THE
SERVICES. WE DO NOT WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY
PRODUCT OR
SERVICE ADVERTISED OR OFFERED BY A THIRD PARTY THROUGH THE SERVICES, ANY HYPERLINKED
WEBSITE, OR ANY WEBSITE OR MOBILE APPLICATION FEATURED IN ANY BANNER OR OTHER
ADVERTISING,
AND WE WILL NOT BE A PARTY TO OR IN ANY WAY BE RESPONSIBLE FOR MONITORING ANY
TRANSACTION
BETWEEN YOU AND ANY THIRD-PARTY PROVIDERS OF PRODUCTS OR SERVICES. AS WITH THE PURCHASE
OF A
PRODUCT OR SERVICE THROUGH ANY MEDIUM OR IN ANY ENVIRONMENT, YOU SHOULD USE YOUR BEST
JUDGMENT
AND
EXERCISE CAUTION WHERE APPROPRIATE.
20. LIMITATIONS
OF LIABILITY
IN
NO EVENT WILL WE OR OUR DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE TO YOU OR ANY
THIRD
PARTY FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL, OR
PUNITIVE DAMAGES, INCLUDING LOST PROFIT, LOST REVENUE, LOSS OF DATA, OR OTHER
DAMAGES
ARISING FROM YOUR USE OF THE SERVICES, EVEN IF WE HAVE BEEN ADVISED OF THE
POSSIBILITY
OF SUCH DAMAGES.
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED
HEREIN,
OUR LIABILITY TO YOU FOR ANY CAUSE WHATSOEVER AND REGARDLESS OF THE FORM
OF
THE ACTION, WILL AT ALL TIMES BE LIMITED TO
THE
AMOUNT PAID, IF ANY, BY YOU TO US
DURING
THE SIX (6)
MONTH
PERIOD PRIOR TO ANY CAUSE OF ACTION
ARISING
.
CERTAIN US STATE LAWS AND INTERNATIONAL LAWS DO
NOT
ALLOW LIMITATIONS ON IMPLIED WARRANTIES OR THE EXCLUSION OR LIMITATION OF CERTAIN
DAMAGES.
IF THESE LAWS APPLY TO YOU, SOME OR ALL OF THE ABOVE DISCLAIMERS OR LIMITATIONS MAY NOT
APPLY TO YOU, AND YOU MAY HAVE ADDITIONAL RIGHTS.
21. INDEMNIFICATION
You agree to
defend, indemnify, and hold us harmless, including our subsidiaries,
affiliates, and all of our respective officers, agents, partners, and
employees, from and against any loss, damage, liability, claim, or demand, including
reasonable attorneys’ fees and expenses, made by any third party due to or
arising out of:
(1) your Contributions;
(2) use of the Services; (3) breach of these Legal Terms; (4) any breach of your representations and
warranties set forth in these Legal Terms; (5)
your violation of the rights of a third party, including but not limited to intellectual
property rights; or (6) any overt harmful act
toward any other user of the Services with whom you connected via the Services.
Notwithstanding the foregoing, we reserve the right, at your expense, to assume the
exclusive defense
and control of any matter for which you are required to indemnify us, and you
agree
to cooperate, at your expense, with our defense of such claims. We will use reasonable
efforts
to notify you of any such claim, action, or proceeding which is subject to this
indemnification upon becoming aware of it.
22. USER
DATA
We will maintain
certain data that you transmit to the Services for the purpose of managing the
performance of the Services, as well as data relating to your use of the Services.
Although
we perform regular routine backups
of data, you are solely responsible for all data that you transmit or that
relates to any activity you have undertaken using the Services. You agree
that we shall have no liability to you for any loss or corruption of any such
data, and you hereby waive any right of action against us arising from any such
loss or corruption of such data.
Data loss is an inherent risk
associated with any technology. You are responsible for maintaining backups of any data you
enter into fiscal50.
23. ELECTRONIC
COMMUNICATIONS, TRANSACTIONS, AND SIGNATURES
Visiting the Services, sending us
emails, and completing online forms constitute electronic communications. You consent to
receive electronic communications, and you agree that all agreements, notices,
disclosures,
and other communications we provide to you electronically, via email and on the
Services,
satisfy any legal requirement that such communication be in writing. YOU HEREBY AGREE TO
THE
USE OF ELECTRONIC SIGNATURES, CONTRACTS, ORDERS, AND OTHER RECORDS, AND TO ELECTRONIC
DELIVERY OF NOTICES, POLICIES, AND RECORDS OF TRANSACTIONS INITIATED OR COMPLETED BY US
OR
VIA THE SERVICES. You hereby waive any rights or requirements under any statutes,
regulations, rules, ordinances, or other laws in any jurisdiction which require an
original
signature or delivery or retention of non-electronic records, or to payments or the
granting
of credits by any means other than electronic means.
24. CALIFORNIA
USERS AND RESIDENTS
If any complaint
with us is not satisfactorily resolved, you can contact the Complaint
Assistance Unit of the Division of Consumer Services of the California
Department of Consumer Affairs in writing at 1625 North Market Blvd., Suite N
112, Sacramento, California 95834 or by telephone at (800) 952-5210 or (916)
445-1254.
25. MISCELLANEOUS
These Legal Terms and any policies or
operating rules posted by us on the Services or in respect to the Services constitute
the
entire agreement and understanding between you and us. Our failure to exercise or
enforce
any right or provision of these Legal Terms shall not operate as a waiver of such right
or
provision. These Legal Terms operate to the fullest extent permissible by law. We may
assign
any or all of our rights and obligations to others at any time. We shall not be
responsible
or liable for any loss, damage, delay, or failure to act caused by any cause beyond our
reasonable control. If any provision or part of a provision of these Legal Terms is
determined to be unlawful, void, or unenforceable, that provision or part of the
provision
is deemed severable from these Legal Terms and does not affect the validity and
enforceability of any remaining provisions. There is no joint venture, partnership,
employment or agency relationship created between you and us as a result of these Legal
Terms or use of the Services. You agree that these Legal Terms will not be construed
against
us by virtue of having drafted them. You hereby waive any and all
defenses
you
may have based on the electronic form of these Legal Terms and the lack of signing by
the
parties hereto to execute these Legal Terms.
26. PRODUCT SPECIFIC TERMS
A. Banks to Books
1. Integration and Data Synchronization
You agree to integrate your
bank accounts and credit cards using the Plaid service. By doing so, you authorize fiscal50
to access, retrieve, and synchronize transactions from your financial institutions. fiscal50
is not liable for any errors, omissions, or delays in data synchronization due to issues
with the third-party service provider (Plaid) or the financial institutions. For more
details, please refer to Plaid's Terms and Conditions.
2. AI-Powered Recommendations
The AI module within the
"Banks to Books" feature provides recommendations for expense categories, customers, and
vendors based on your transaction data. While the AI aims to provide accurate
recommendations, fiscal50 does not guarantee the accuracy or appropriateness of these
suggestions. You are responsible for reviewing and confirming all recommendations before
recording transactions in your ledger books. fiscal50 disclaims any liability for incorrect
categorization, customer/vendor assignment, or any resulting financial discrepancies.
3. Recording Transactions
You are responsible for
ensuring the accuracy of all transactions recorded in your ledger books through fiscal50.
fiscal50 is not liable for any inaccuracies or discrepancies in financial records due to
your errors, misinterpretations of AI recommendations, or any other cause.
B. Virtual AI Accountant
1. General Overview
The Virtual AI Accountant
chatbot is designed to assist you with various financial and accounting tasks within
Fiscal50. With approximately 100+ use cases, the chatbot can help you create invoices, view
reports and analytics, manage bills, synchronize bank transactions, handle inventory, record
payments, manage assets, create journal entries, and more. By using the Virtual AI
Accountant chatbot, you agree to the terms outlined below.
2. Functionality and Capabilities
The chatbot provides
assistance across a broad range of functionalities, including but not limited to:
- Creating and managing customer invoices.
- Viewing and analyzing financial reports, such as balance
sheets, income statements, and cash flow statements.
- Managing bills and expenses, including vendor interactions and
capital expenditures.
- Synchronizing transactions between your bank accounts and
Fiscal50 through the Banks to Books feature.
- Monitoring and adjusting inventory levels, including inventory
returns.
- Recording and tracking payments.
- Managing assets, including depreciation and asset sales.
- Creating, editing, and managing journal entries.
Additionally, the chatbot
can provide direct links to the relevant sections of the user guide based on your inquiries
and can open specific functionality links within fiscal50.
3. User Responsibility
While the Virtual AI
Accountant chatbot offers a high degree of automation and assistance, you are responsible
for:
- Reviewing and validating all actions recommended or initiated
by the chatbot.
- Ensuring that all data entered into fiscal50 is accurate and
up-to-date.
- Making final decisions on financial matters, including but not
limited to the categorization of expenses, management of accounts, and processing of
transactions.
fiscal50 disclaims any
liability for errors or issues that arise from the use of the chatbot, including financial
losses, compliance violations, or operational disruptions.
4. AI Recommendations
The chatbot uses AI to provide
recommendations and suggestions based on the data you provide. While the AI strives for
accuracy, it is your responsibility to verify all recommendations before acting on them.
fiscal50 will not be held liable for any consequences resulting from the use of AI-generated
advice, including incorrect categorization, financial discrepancies, or any other
issues.
C. Income and Invoicing Management
1. General Overview
The Income and Invoicing
Management module within fiscal50 offers a comprehensive set of tools designed to manage and
streamline your business's invoicing and income-related activities. This module includes
features such as customer management, invoice creation, file attachments, recurring
invoicing, and more. By using this module, you agree to the terms outlined below.
2. Functionality and Capabilities
The Income and Invoicing
Management module includes the following features:
- Customer Management: Add and import customer data to maintain
an accurate and up-to-date customer database.
- Invoice Creation: Generate and download customer invoices, with
options to attach relevant files to both invoices and payments.
- Recurring Invoices: Automate the creation of recurring invoices
for ongoing billing cycles.
- Advance Income Management: Track and manage advance payments
received from customers, ensuring proper application against future invoices.
- Transaction Recording: Add invoicing and payment transactions
to the system to ensure accurate financial tracking.
- Invoice and Receipt Email Formats: Customize the content and
format of emails sent to customers, including invoices and receipts.
These features are
provided to enhance the efficiency of your income management processes, and it is your
responsibility to use them correctly and in compliance with applicable laws.
3. User Responsibility
You are solely responsible for
the accuracy and completeness of all data entered into the Income and Invoicing Management
module. This includes, but is not limited to, ensuring the correct entry of customer
details, invoice information, and the accurate attachment of files to invoices and payments.
fiscal50 disclaims any liability for errors, omissions, or issues arising from user input,
mismanagement of the module's features, or any failure to comply with applicable legal
requirements.
D. Expenses and Billing Management
1. General Overview
The Expenses and Billing
Management module within fiscal50 is designed to help businesses efficiently manage their
vendor relationships, billing processes, and expense tracking. This module includes features
such as vendor management, bill creation, file attachments, and more. By using this module,
you agree to the terms outlined below.
2. Functionality and Capabilities
The Expenses and Billing
Management module includes the following features:
- Vendor Management: Add and import vendor data to maintain an
up-to-date vendor database.
- Bill Creation: Generate vendor bills and attach relevant files
to both bills and payments for comprehensive record-keeping.
- Recurring Bills: Automate the creation of recurring bills to
streamline ongoing payment cycles.
- Accrued and Deferred Bills Management: Track and manage accrued
and deferred bills, ensuring accurate financial reporting.
- Purchase of Cost of Goods: Manage the purchase of goods from
vendors, including cost tracking and categorization.
- Expense Category Management: Organize and manage expense
categories to ensure accurate tracking and reporting.
- Transaction Recording: Add bills and other payment transactions
to the system for precise financial management.
These features are
provided to enhance the efficiency of your expense and billing processes, and it is your
responsibility to use them correctly and in compliance with applicable laws.
3. User Responsibility
You are solely responsible for
the accuracy and completeness of all data entered into the Expenses and Billing Management
module. This includes ensuring the correct entry of vendor details, bill information, and
the accurate attachment of files to bills and payments. fiscal50 disclaims any liability for
errors, omissions, or issues arising from user input, mismanagement of the module's
features, or any failure to comply with applicable legal requirements.
E. Inventory Management
1. General Overview
The Inventory Management
module within fiscal50 is designed to provide businesses with comprehensive tools to manage
their inventory efficiently. This module includes features for tracking inventory, making
adjustments, handling returns, and more. By using this module, you agree to the terms
outlined below.
2. Functionality and Capabilities
The Inventory Management
module includes the following features:
- Inventory Tracking: Monitor every aspect of your inventory
items, including quantity, location, and status.
- Inventory Adjustment: Adjust inventory levels to reflect
accurate counts due to loss, damage, or other factors.
- Returns Management: Process returns of inventory items
efficiently to maintain accurate inventory records.
- Comprehensive Inventory Reports: Generate detailed reports to
analyze inventory levels, movements, and trends.
- Inventory Dashboard: Access a centralized dashboard to view
real-time inventory data and insights.
- Sales and Vendor Orders Tracking: Track sales orders and vendor
orders to ensure timely fulfillment and restocking.
- Receiving and Shipping: Manage the receipt and shipment of
inventory to ensure accurate stock levels and fulfillment.
These features are
provided to help you manage your inventory effectively, and it is your responsibility to use
them correctly and in compliance with applicable laws.
3. User Responsibility
You are solely responsible for
the accuracy and completeness of all data entered into the Inventory Management module. This
includes ensuring the correct entry of inventory details, adjustments, and returns. fiscal50
disclaims any liability for errors, omissions, or issues arising from user input,
mismanagement of the module's features, or any failure to comply with applicable legal
requirements.
F. Assets Management
1. General Overview
The Assets Management module
within fiscal50 provides businesses with the tools needed to effectively manage and track
their assets throughout their lifecycle. This module includes features for managing assets,
recording transactions, and automating depreciation. By using this module, you agree to the
terms outlined below.
2. Functionality and Capabilities
The Assets Management module
includes the following features:
- Asset Management: Manage all assets within your organization,
including tracking their status, location, and details.
- Maintenance Transactions: Record and track asset maintenance
transactions to ensure proper upkeep and compliance.
- Asset Write-Offs: Write off assets that are no longer in use or
have been fully depreciated.
- Asset Sale Transactions: Record transactions related to the
sale of assets, ensuring accurate financial records.
- Depreciation Management: Depreciate assets over time according
to your organization's accounting policies and standards.
- Automated Depreciation: Automate the depreciation process,
allowing the system to calculate and apply depreciation automatically.
These features are
provided to help you manage your assets efficiently and accurately, and it is your
responsibility to use them correctly and in compliance with applicable laws.
3. User Responsibility
You are solely responsible for
the accuracy and completeness of all data entered into the Assets Management module. This
includes ensuring the correct entry of asset details, maintenance records, write-offs, and
depreciation calculations. fiscal50 disclaims any liability for errors, omissions, or issues
arising from user input, mismanagement of the module's features, or any failure to comply
with applicable legal requirements.
G. Reporting and Analytics
1. General Overview
The Reporting and Analytics
module within fiscal50 is designed to provide users with comprehensive financial insights
through a variety of reports. These include the general ledger, income statement, balance
sheet, cash flow, trial balance, and other financial reports. By using this module, you
agree to the terms outlined below.
2. Functionality and Capabilities
The Reporting and Analytics
module includes the following features:
- General Ledger: Access detailed records of all financial
transactions to monitor and manage financial activities.
- Income Statement: Generate reports that provide insights into
your organization’s profitability over specific periods.
- Balance Sheet: View a snapshot of your organization’s financial
position, including assets, liabilities, and equity.
- Cash Flow: Track the inflow and outflow of cash within your
organization to ensure liquidity and financial stability.
- Trial Balance: Review the trial balance report to ensure that
debits and credits are balanced across all accounts.
- Other Reports: Access additional reports that provide various
financial metrics and insights tailored to your organization’s needs.
These features are
designed to help you analyze your financial data effectively and make informed business
decisions.
3. User Responsibility
You are responsible for
ensuring the accuracy and completeness of all data entered into fiscal50, which forms the
basis of the reports generated by the Reporting and Analytics module. fiscal50 disclaims any
liability for errors, omissions, or issues arising from incorrect data input,
misinterpretation of reports, or reliance on the information provided without proper review
and verification.
H. Journal Entries
1. General Overview
The Journal Entries module
within fiscal50 provides users with tools for managing financial journal entries. This
module includes features for creating, attaching files, duplicating, reversing entries, and
viewing transactions. By using this module, you agree to the terms outlined below.
2. Functionality and Capabilities
The Journal Entries module
includes the following features:
- Creating Journal Entries: Users can create and record journal
entries to document financial transactions in their ledger.
- Attaching Files: Users can attach relevant files, such as
receipts or documentation, to journal entries for reference and record-keeping.
- Duplicating or Reversing Entries: Users have the option to
duplicate existing journal entries for efficiency or reverse entries to correct
errors.
- Viewing Transactions: Users can view all types of transactions
recorded in the system to maintain comprehensive financial records.
These features are
designed to help users manage their financial records effectively and ensure accurate
accounting.
3. User Responsibility
You are responsible for the
accuracy and completeness of all journal entries created, modified, or viewed through this
module. This includes ensuring the correct entry of data, proper attachment of files, and
accurate duplication or reversal of entries. fiscal50 disclaims any liability for errors,
omissions, or issues arising from incorrect data entry, mismanagement of journal entries, or
any failure to comply with applicable accounting standards and regulations.
27. CONTACT
US
In order to resolve a complaint
regarding the Services or to receive further information regarding use of the Services,
please contact us at:
fiscal50, Inc
6009 W Parker Rd,
Ste 149 - 1248,
Plano, TX 75093-8121,
United States
legal@fiscal50.com
