Legal Framework

Terms & Conditions

Please read these terms carefully. They define our commitment to you and your responsibilities as a valued BPS Bookkeeping client.

Last Updated: March 29, 2024

1. Acceptance of Terms

By accessing or using BPS Bookkeeping's services, website, or digital platforms, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree with any part of these terms, please refrain from using our services.

2. Description of Services

BPS Bookkeeping provides professional financial services, including but not limited to bookkeeping, financial reporting, accounts payable/receivable management, and general accounting consultancy. Specific service details are outlined in each client's individual Service Agreement.

3. Client Responsibilities

The accuracy of our work depends on the quality of information provided. Clients are responsible for:

  • Providing complete, accurate, and timely financial data and documentation.
  • Ensuring all legal documents (bank statements, receipts) are authentic.
  • Notifying us of any changes in business structure or financial status.

4. Fees and Payment Terms

Fees for our services are based on the agreed-upon package or hourly rate. Payment is subject to the following:

  • Invoices are issued monthly and are due within 15 days of the invoice date.
  • Late payments may incur interest charges of 1.5% per month.
  • We reserve the right to suspend services for accounts with outstanding balances exceeding 30 days.

5. Confidentiality & Security

We maintain the highest standards of data security and confidentiality. Your financial records are handled with care and are protected as detailed in our Privacy Policy. We utilize industry-standard encryption and secure cloud-based accounting platforms.

6. Intellectual Property

All materials, software, and reports provided by BPS Bookkeeping remain our intellectual property unless otherwise stipulated in a signed agreement. Clients are granted a limited license to use reports for their internal business purposes.

7. Limitation of Liability

While we strive for 100% accuracy, BPS Bookkeeping is not liable for any losses resulting from decisions based on financial reports that were prepared with inaccurate or incomplete data provided by the client. Our total liability is limited to the fees paid for the specific service in question.

8. Termination of Service

Either party may terminate the Service Agreement with 30 days' written notice. Upon termination, all outstanding fees become immediately due, and we will provide final records to the client.

9. Governing Law

These Terms and Conditions are governed by and construed in accordance with the laws of the jurisdiction in which BPS Bookkeeping operates. Any disputes shall be handled through arbitration or local courts as applicable.

10. Contact Information

For any questions regarding these Terms and Conditions, please contact us at legal@bpsbookkeeping.com or via our contact page.

Need legal clarification?

If you have any questions about these terms or a specific agreement, our administrative team is here to assist.