Terms of Service

These terms of service (these “terms” or this “agreement“) constitute an agreement between you (either an individual or, if accessing or using Ace services on behalf of an entity, that entity) and Ace Accounting & Financial Technologies, Inc. (“Ace“). These terms govern your access to and use of Ace’s services, products, applications, software, and websites (“services“). If you are abiding to these terms on behalf of an entity, you represent that you have the authority to bind that organization.

If you have any questions, comments, or concerns regarding our Terms of Service, please contact us at info@aceaf.tech.

Services

Ongoing Bookkeeping & Accounting Services

Ace provides bookkeeping & accounting services that support the day-to-day financial organization of an entity. These services and any related communication with Ace are not intended to be and do not constitute legal, tax, financial, real estate, or accounting advice. Ace is not a public accounting firm and does not provide tax, audit, or assurance services. 

Year-End Services

As part of its subscription services, Ace performs certain accounting year-end services, including making year-end adjustments and providing a fiscal year-end trial balance, financial statements, and certain supporting schedules for tax returns. 

External Service Access

Ace services can integrate with and automatically transfer data between other websites, software, and services. If you provide us with login credentials or grant us access to back-end data connectors, you grant Ace permission and a limited power of attorney to access related sites, software, or services, transfer, reformat, or manipulate data on your behalf, and represent that you are authorized to give us such levels of access and permission. All information use to access external services will be maintained in encrypted form and only used as described in these terms.

Modifications to Ace Services

We are constantly improving and modifying our Services, and may add, remove, or change functionality of features, including suspending Services altogether, without prior notification.

Data Security

Customer Data will be stored and protected in a manner that adheres to reasonable security standards no less protective than the standards in place for Ace’s own information of a similar type. Data will be stored and processed in the United States. 

Exclusivity

Ace customers acknowledge and agree that in performing the Services, Ace must use, record, classify, and reconcile financial transactions and other information in order to properly prepare your accounting records. Any modifications made by you or on your behalf, such as by a third party aside from Ace, may adversely impact the Services previously provided by Ace, causing Ace to re-perform Services in order to make corrections. To avoid these situations, you hereby appoint Ace as your exclusive third party bookkeeper of record. If, during your engagement with Ace, you engage another third party service provider to make changes to your accounting records, Ace reserves the right to terminate your subscription at any time without prior written notice.

Non-Disclosure & Confidentiality

Both Ace and you will use the other party’s confidential information only to exercise rights and fulfill obligations under these terms. Customer Data is confidential information. The recipient of confidential information will use reasonable care to protect against disclosure of the other party’s confidential information to external parties. 

Regardless of any other provision in this agreement, either Party may disclose the other party’s confidential information in accordance with applicable legal requirements or with the other party’s explicit written consent to do so.

Term and Termination

These terms are effective on the date you sign a service agreement with Ace, either physically or digitally. The initial subscription term will begin on this effective date and continue, unless terminated earlier, for the length of the term specified on the signed service agreement.

Subscriptions will automatically renew for the same duration as the term specific on the initial signed service agreement unless you give Ace notice at least 7 days prior to the end date of the initial subscription term. 

Ace may terminate your subscription at any time by providing notice of termination delivered to the email address on file for you or the company you represent. In the event we terminate your subscription for any reason other than your unauthorized use of the system or a material breach of these terms, Ace will refund any prepaid fees unelapsed months remaining as part of the Services and term agreed to.

Intellectual Property

Ace retains all intellectual property rights in the Services. You, or the company you represent, retain all intellectual property rights in your data. You grant Ace a limited license to use your data to provide and improve Ace Services. To perform research & development and improve our Services, Ace may retain an anonymized copy of your data that is stripped of identifying information and protected by technical safeguards.

Warranty Disclaimer

TO THE FULLEST EXTENT PERMITTED BY LAW, ACE, ITS AFFILIATES, AND ITS AND THEIR SUPPLIERS AND DISTRIBUTORS (THE “ACE ENTITIES”) MAKE NO WARRANTIES, EITHER EXPRESS OR IMPLIED, ABOUT THE SERVICES. THE SERVICES ARE PROVIDED “AS IS.” NO WARRANTY IS MADE THAT THE SERVICES OR RESULTS OF USING THE SERVICES WILL MEET YOU OR YOUR COMPANY’S NEEDS OR EXPECTATIONS, THAT THE SERVICES WILL BE TIMELY, SECURE, UNINTERRUPTED, OR FREE FROM ERROR, OR THAT THE RESULTS THAT MAY BE OBTAINED FROM USING THE SERVICES WILL BE ACCURATE OR RELIABLE. WE ALSO DISCLAIM ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. IF THE EXCLUSIONS FOR IMPLIED WARRANTIES DO NOT APPLY TO YOU UNDER APPLICABLE LAW, ANY IMPLIED WARRANTIES ARE LIMITED TO 60 DAYS FROM THE DATE OF PURCHASE OR DELIVERY OF THE SERVICE, WHICHEVER IS SOONER. THE ACE ENTITIES DISCLAIM ANY REPRESENTATIONS OR WARRANTIES THAT YOUR USE OF THE SERVICES WILL SATISFY OR ENSURE COMPLIANCE WITH ANY LEGAL OBLIGATIONS, LAWS, OR REGULATIONS.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE ENTIRE LIABILITY OF THE ACE ENTITIES FOR ALL CLAIMS RELATING TO THE SERVICES AND THIS AGREEMENT SHALL BE LIMITED TO THE AMOUNT YOU PAID FOR THE SERVICES DURING THE TWELVE (12) MONTHS PRIOR TO SUCH CLAIM OR ONE HUNDRED U.S. DOLLARS, WHICHEVER IS GREATER. SUBJECT TO APPLICABLE LAW, THE ACE ENTITIES ARE NOT LIABLE FOR ANY OF THE FOLLOWING: (A) INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES; (B) DAMAGES RELATING TO LOSS OF USE, DATA, BUSINESS, REVENUES, OR PROFITS. THE ABOVE LIMITATIONS APPLY EVEN IF THE ACE ENTITIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS AGREEMENT SETS FORTH THE ENTIRE LIABILITY OF THE ACE ENTITIES AND YOUR EXCLUSIVE REMEDY WITH RESPECT TO THE SERVICES AND THEIR USE.

Indemnification

You shall defend and indemnify the Ace entities from and against all damages, losses, liabilities, claims, demands, actions, suits, judgements, settlements, costs and expenses, including all attorney fees, that arise from or relate to: (a) your use of and our provision of the Ace Services (except to the extent arising directly from our willful misconduct or gross negligence), (b) your violation of these terms, (c) any content, information or materials provided by you, or (d) infringement by you, or any third party using your account or identity in the services, of any intellectual property or other right of any person or entity. We reserve the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will assist and cooperate with us in asserting any available defenses.

Miscellaneous

Updates to these Terms

Ace may make changes to these terms at any time without notice, but such changes will be nonmaterial, and advance notice of any material changes will be provided to you. If a change to these terms has a material negative impact on you or your company, you may object to the change by notifying us within 30 days of being provided notice of the changes. If you notify us, then you will remain governed by the terms in effect immediately before the change until the end of you then-current term. After that, you will be governed by the updated terms. 

Severability

If any one or more of the provisions contained in these terms are found or held invalid, illegal, or unenforceable in any respect by any court of jurisdiction, such ruling will not impair the validity, legality, or enforceability of all remaining provisions contained in these terms.

Assignment

These terms, including any rights or obligations contained within, may not be assigned, whether in whole or in part. Ace may freely assign this agreement, including any rights and obligations contained within, in whole or in part.

Contact Us

To reach us for questions, comments, or concerns about this Privacy Policy, please use one of the following methods:

Email: info@aceaf.tech

Phone: 281-223-1836

Mail: 627 W 19th St. #206, Houston, TX 77007