Terms of Service

Infinite Accounting Inc. | Bookkeeping & Financial Services

These Terms and Conditions govern the relationship between Infinite Accounting Inc. (hereafter referred to as “the Company”) and the Client for the provision of bookkeeping and administrative financial support.

1. Service Overview

Infinite Accounting Inc. specializes in professional bookkeeping services for individuals and businesses requiring assistance with their financial record-keeping and reporting.

2. Service Scope

  • Included Services: The Company provides bookkeeping and related financial support, including transaction recording, account reconciliation, payroll support, GST/PST filings, and financial reporting.
  • Exclusions: Services are strictly limited to bookkeeping and administrative support. The Company does not provide formal audits, legal advice, or specialized tax advisory services unless explicitly agreed upon in writing.

3. Scheduling and Timelines

  • Delivery: Services are delivered based on agreed-upon timelines or scheduled meetings.
  • Client Input: Clients must provide all required financial documents and information in a timely manner. Delays in providing data may result in delayed filings or reports.
  • Cancellations: Missed meetings or last-minute cancellations (less than 24 hours’ notice) may be subject to a rescheduling fee.

4. Service Fees and Estimates

  • Fees are based on the agreed-upon scope of work, which may include fixed monthly pricing or hourly billing.
  • Scope Creep: Any additional work requested outside the original agreement will be quoted and approved before the work proceeds.
  • The Client agrees to pay for all completed services as outlined in the engagement agreement.

5. Payment Terms

  • Due Date: Invoices are due upon receipt unless a different billing cycle has been established.
  • Payment Methods: Accepted methods include bank transfer, credit card, debit, or other electronic payment methods.
  • Late Payments: Failure to pay on time may result in the suspension of services or delays in filing critical financial documents.

6. Warranty and Accuracy

  • Standard of Care: The Company ensures that bookkeeping services are performed with reasonable care and accuracy based on the information provided.
  • Data Integrity: The Company is not responsible for errors, penalties, or interest resulting from incomplete, incorrect, or delayed information provided by the Client.
  • Results: No guarantees are made regarding specific financial outcomes, such as tax savings or business profitability.

7. Client Responsibilities

The Client agrees to:

  • Provide accurate and complete financial information.
  • Submit all receipts, bank statements, and documents on time.
  • Maintain active access to required systems (e.g., banking portals, accounting software).
  • Ensure a point of contact is available for regular communication.
  • Note: Failure to meet these responsibilities may negatively affect service quality and delivery timelines.

8. Limitation of Liability

  • The Company shall not be liable for any indirect, incidental, or consequential damages, including loss of profits, business interruption, or government-imposed penalties due to Client delays.
  • Total liability is limited to the amount paid by the Client for the specific services provided.

9. Termination of Service

The Company reserves the right to suspend or terminate services if:

  • The Client fails to pay invoices as agreed.
  • The Client provides false, misleading, or fraudulent information.
  • The working relationship becomes unprofessional or unsafe.
  • Either party may terminate the agreement with written notice as defined in the primary service contract.

10. Governing Law

These terms are governed by the laws of the applicable province and jurisdiction. Any disputes will be handled within the appropriate courts of that jurisdiction.

11. Changes to Terms

The Company reserves the right to update these terms at any time. Clients will be notified of any significant changes that impact their service agreement.

By engaging the services of Infinite Accounting Inc., the Client acknowledges they have read, understood, and agreed to these Terms and Conditions.