Terms of Service | Ledgit

1. Acceptance of Terms

By accessing or using Ledgit ("Service"), a product of Double A Labs LLC ("Company," "we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Service. These Terms apply to all visitors, users, and others who access or use the Service.

2. Description of Service

Ledgit is a cloud-based bookkeeping and accounting platform that provides tools for managing financial transactions, invoicing, expense tracking, financial reporting, and related services. The Service may include features such as bank account integration, AI-powered transaction categorization, and accountant collaboration tools.

3. Account Registration

To use certain features of the Service, you must register for an account. When you register, you agree to:

Provide accurate, current, and complete information
Maintain and promptly update your account information
Maintain the security of your password and account
Accept responsibility for all activities that occur under your account
Notify us immediately of any unauthorized use of your account

You must be at least 18 years old to create an account and use the Service.

4. Acceptable Use

You agree not to use the Service to:

Violate any applicable laws or regulations
Infringe upon the rights of others
Transmit any malware, viruses, or malicious code
Attempt to gain unauthorized access to the Service or its systems
Interfere with or disrupt the Service or servers
Use the Service for any fraudulent or illegal purposes
Collect or harvest user information without consent
Impersonate any person or entity
Use the Service to launder money or finance illegal activities

5. Your Data

You retain all rights to the data you submit to the Service ("Your Data"). By using the Service, you grant us a limited license to use Your Data solely to provide and improve the Service. You are responsible for:

The accuracy and legality of Your Data
Maintaining appropriate backups of Your Data
Ensuring you have the right to share any data you upload
Complying with applicable data protection laws

You may export Your Data at any time using the data export feature in Settings. Upon account deletion, we will delete Your Data in accordance with our Privacy Policy and applicable law.

6. Third-Party Services

The Service integrates with third-party services including Plaid (bank connections), Stripe (payment processing), and others. Your use of these integrations is subject to the respective third-party terms and privacy policies. We are not responsible for the practices of third-party services. When you connect your bank accounts through Plaid, you authorize us to access your transaction and account information in accordance with our Privacy Policy.

7. AI-Powered Features

The Service includes AI-powered features for transaction categorization and financial insights. While we strive for accuracy, AI-generated categorizations and recommendations are provided as suggestions only and should not be considered professional financial, tax, or legal advice. You are responsible for reviewing and verifying all categorizations and information before relying on them for tax filing, financial decisions, or other purposes.

8. Fees and Payment

Certain features of the Service may require payment of fees. All fees are stated in U.S. dollars unless otherwise specified. You agree to pay all applicable fees and authorize us to charge your designated payment method. Fees are non-refundable except as required by law or as explicitly stated in these Terms. We reserve the right to change our fees upon reasonable notice.

9. Intellectual Property

The Service and its original content, features, and functionality are owned by Double A Labs LLC and are protected by copyright, trademark, and other intellectual property laws. Our trademarks and trade dress may not be used in connection with any product or service without our prior written consent. You may not copy, modify, distribute, sell, or lease any part of the Service without our permission.

10. Disclaimer of Warranties

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE, OR THAT DEFECTS WILL BE CORRECTED.

LEDGIT IS NOT A LICENSED ACCOUNTING FIRM, TAX ADVISOR, OR FINANCIAL ADVISOR. THE SERVICE IS A TOOL TO HELP YOU MANAGE YOUR FINANCIAL INFORMATION AND SHOULD NOT BE RELIED UPON AS PROFESSIONAL ADVICE. YOU SHOULD CONSULT WITH QUALIFIED PROFESSIONALS FOR ACCOUNTING, TAX, AND FINANCIAL ADVICE.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, DOUBLE A LABS LLC SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR USE, ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE, REGARDLESS OF THE THEORY OF LIABILITY. OUR TOTAL LIABILITY FOR ANY CLAIMS ARISING FROM YOUR USE OF THE SERVICE SHALL NOT EXCEED THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR ONE HUNDRED DOLLARS ($100), WHICHEVER IS GREATER.

12. Indemnification

You agree to indemnify, defend, and hold harmless Double A Labs LLC and its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or in any way connected with your access to or use of the Service, your violation of these Terms, or your violation of any rights of another party.

13. Termination

We may terminate or suspend your account and access to the Service immediately, without prior notice or liability, for any reason, including if you breach these Terms. Upon termination, your right to use the Service will cease immediately. You may terminate your account at any time through the Settings page. Provisions that by their nature should survive termination shall survive, including ownership provisions, warranty disclaimers, indemnity, and limitations of liability.

14. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Wyoming, United States, without regard to its conflict of law provisions.

15. Dispute Resolution and Arbitration

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

15.1 Agreement to Arbitrate

You and Double A Labs LLC agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Service (collectively, "Disputes") will be resolved solely by binding individual arbitration, rather than in court, except that (1) you or Double A Labs LLC may assert claims in small claims court if the claims qualify; and (2) you or Double A Labs LLC may seek equitable relief in court for infringement or misuse of intellectual property rights.

15.2 Waiver of Jury Trial

YOU AND DOUBLE A LABS LLC HEREBY WAIVE ANY CONSTITUTIONAL AND STATUTORY RIGHTS TO SUE IN COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY. You and Double A Labs LLC are instead electing to have claims and disputes resolved by arbitration.

15.3 Waiver of Class Actions

ALL DISPUTES MUST BE BROUGHT IN THE PARTIES' INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON'S CLAIMS AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING.

15.4 Arbitration Process

Arbitration will be conducted by JAMS under its Streamlined Arbitration Rules and Procedures. The arbitration will be held in the United States county where you live or work, or any other location we mutually agree to. The arbitrator's decision will be final and binding. Judgment on the arbitration award may be entered in any court having jurisdiction.

15.5 Informal Resolution First

Before initiating arbitration, you agree to first contact us through our support page and attempt to resolve the dispute informally for at least 30 days. If we cannot resolve the dispute informally, either party may then proceed to arbitration.

15.6 Opt-Out

You may opt out of this arbitration agreement by contacting us through our support page within 30 days of first accepting these Terms. Your notice must include your name, address, email address, and a clear statement that you want to opt out of this arbitration agreement.

16. Changes to Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes by posting the updated Terms on this page and updating the "Last updated" date. Your continued use of the Service after any changes constitutes acceptance of the new Terms. We encourage you to review these Terms periodically.

17. Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that these Terms will otherwise remain in full force and effect.

18. Contact Us

If you have any questions about these Terms, please contact us:

Contact Support