Privacy Policy & Terms of Agreement

TERAGRAM BOOKKEEPING TERMS OF AGREEMENT

This Terms of Agreement (“Agreement”) is entered into by and between Teragram Bookkeeping (“Teragram” or “Company”) and the user (“Client” or “User”) who accesses and uses the Teragram Bookkeeping website and services.

1. Scope of Services:

Teragram Bookkeeping provides bookkeeping services to individuals and businesses. These services may include but are not limited to financial record-keeping, invoicing, account reconciliation, payroll processing, tax preparation, and financial reporting. The scope of services will be agreed upon between Teragram and the Client through a separate engagement letter or contract.

2. Confidentiality:

Teragram Bookkeeping acknowledges that it may have access to sensitive financial and personal information of the Client during the provision of services. Teragram agrees to maintain strict confidentiality of all client information and will not disclose such information without the consent of the Client, except as required by law or court order.

3. Data Security:

Teragram Bookkeeping takes the security of client data seriously and implements reasonable measures to protect against unauthorized access, loss, or theft of data. However, Teragram cannot guarantee the security of data transmitted over the internet or stored electronically. The Client agrees that they will only provide Teragram with data that they are comfortable sharing and will not hold Teragram liable for any security breaches or loss of data.

4. Ownership of Records:

All original financial records and supporting documents provided by the Client to Teragram Bookkeeping will remain the property of the Client. Teragram will provide copies of records upon request by the Client but reserves the right to retain copies of records for internal record-keeping purposes.

5. Engagement Termination:

Either party may terminate the engagement at any time by providing written notice to the other party. Teragram Bookkeeping reserves the right to terminate the engagement immediately if the Client engages in any illegal or unethical activities. Upon termination, the Client agrees to pay any outstanding fees owed to Teragram Bookkeeping.

6. Fee Structure and Payments:

The fees for Teragram Bookkeeping services will be agreed upon in the separate engagement letter or contract. Teragram reserves the right to update the fee structure and provide notice of any changes to the Client. The Client agrees to pay the fees within the agreed-upon timeframe or as specified in the engagement letter or contract.

7. Limitation of Liability:

Teragram Bookkeeping shall not be liable for any indirect, incidental, consequential, or punitive damages arising out of or relating to the provision of services under this Agreement. The maximum liability of Teragram Bookkeeping shall not exceed the fees paid by the Client for the services in question.

8. Governing Law and Dispute Resolution:

This Agreement shall be governed by the laws of the jurisdiction in which Teragram Bookkeeping is located. Any disputes arising out of or relating to this Agreement shall be resolved through negotiation in good faith between the parties. If the parties are unable to reach a resolution through negotiation, the dispute shall be submitted to binding arbitration in accordance with the applicable rules.

TERAGRAM BOOKKEEPING PRIVACY POLICY

At Teragram Bookkeeping, we are committed to protecting the privacy and confidentiality of our clients’ information. This Privacy Policy outlines how we collect, use, and safeguard personal and financial information provided by our clients.

1. Information Collection:

We collect personal and financial information when clients engage our services. This information may include names, addresses, contact information, tax identification numbers, financial statements, receipts, and other relevant documents.

2. Use of Information:

We use the information collected to provide bookkeeping services to our clients. This includes financial record-keeping, tax preparation, payroll processing, financial reporting, and other related services. We may also use the information to communicate with clients about their accounts, send invoices, and provide updates on relevant industry news or changes in regulations.

3. Information Security:

We implement reasonable measures to protect client information against unauthorized access, loss, or theft. We restrict access to client information to our employees and contractors who need to know the information to provide services. We also maintain physical, electronic, and procedural safeguards in line with industry standards.

4. Data Sharing:

We do not share client information with third parties except as necessary to provide the requested services or as required by law. In such cases, we ensure that appropriate confidentiality obligations are in place to protect client information.

5. Retention of Information:

We retain client information for as long as necessary to fulfill the purposes for which it was collected or as required by law. Upon termination of the engagement, we may retain copies of client records for internal record-keeping purposes.

6. Changes to Privacy Policy:

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. The most current version of the Privacy Policy will be available on our website.

7. Contact Information:

For any questions or concerns regarding this Privacy Policy or our data practices, clients may contact us at the provided contact information.