Bookkeeping - Standard

Cancellation Policy

The Client and the Bookkeeper (“Parties”) agree to the following terms and conditions for the Bookkeeper’s services. The Bookkeeper will remain an independent contractor and will not be considered an employee of the Client. 1. Client Cooperation and Obligations The Client will be responsible for providing all the necessary documentation and accounting system access necessary to perform the services outlined in the bookkeeping agreement above. The Client acknowledges that the accuracy of financial information provided is the sole responsibility of the Client, and the Bookkeeper will be held harmless from any liability resulting from the inaccuracy of the financial records provided by the Client. 2. Confidentiality The Bookkeeper understands that all information provided by the client is sensitive personal and financial information. The Bookkeeper will maintain the strictest level of confidentiality regarding such confidential information. This confidential information will include financial documents, information contained in accounting systems, and information provided orally by the Client. The Bookkeeper will not disclose any information to any third party without the prior written consent of the Client. 4. Dispute Resolution All disputes under this agreement shall be settled by binding arbitration in the state under which the agreement was entered into. The arbitration may be commenced at any time by either party and will commence when written documentation is provided to the other party. Any payment awarded by the single arbitrator will be considered binding under this agreement and create a legal obligation for the Party to pay. 5. Limitation of Liability In no event shall either party be liable to the other party for any damages, including without limitation, business interruption, loss of or unauthorized access to information, damages for loss of profits, incurred by the other party arising out of such services provided under this agreement, even if such party has been advised of the possibility of such damages. In no event will neither party’s liability on any claim, loss, or liability arising out of or connected with this Agreement shall exceed the amounts paid to the Bookkeeper during the period immediately preceding the event giving rise to such claim or action by the Client or the limits of the Bookkeeper’s professional liability policy, whichever is greater of the errors and omissions policy that is in place.

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