Terms and Conditions

1. Scope

These General Terms and Conditions (T&C) govern the business relationship between LedgerSummitEdge and clients who use our accounting services in Canada and internationally. By requesting our services or scheduling a consultation through our website, the client accepts these terms as binding. Any deviating agreements must be made in writing and explicitly confirmed by both parties.

2. Contract Formation

Requests for our accounting services can be made through our online consultation form, email, phone, or in writing. A legally binding service agreement is formed only through our written service confirmation or the scheduling of consultation appointments. For comprehensive accounting services, the client relationship begins with the written acceptance of our detailed service proposal. We reserve the right to decline service requests without stating reasons or terminate scheduled services if the client fails to provide necessary cooperation. In such cases, any payments made will be refunded proportionally.

3. Service Scope

The exact scope of our accounting services is defined in the respective service description or individual service confirmation. Our service spectrum includes:

  • Basic Bookkeeping (Initial Assessment and Advice)
  • Comprehensive Accounting Services Package with Financial Development
  • Premium Accounting Management Package with Ongoing Support
  • Specialized bookkeeping matters and business financial issues
  • Financial record discovery and accounting consultation
  • Professional accounting guidance and ongoing support

4. Prices and Payment Terms

All fees are quoted in Canadian Dollars (CAD) and include applicable taxes. Payment for accounting services follows this schedule:

  • Basic Bookkeeping (CAD 120/hour): Hourly billing upon completion
  • Comprehensive Accounting Services (CAD 180/hour): Hourly or retainer billing options
  • Premium Accounting Management (CAD 250/hour): Hourly, retainer, or annual billing options

5. Cancellation and Modifications

Service cancellations and modifications must be communicated in writing or via email. The following cancellation policies apply:

  • Basic bookkeeping: 24-hour notice period for cancellation
  • Comprehensive services: 48-hour notice period for cancellation
  • Premium services: 72-hour notice period for cancellation

Service modifications can be requested at any time and will take effect at the next billing cycle. For retainer agreements, a notice period of 30 days before renewal applies.

6. Return Policy

At LedgerSummitEdge, we strive for complete client satisfaction and maintain a transparent return policy for our accounting services:

  • Service Satisfaction Guarantee: If you're not satisfied with our accounting service quality, please notify us within 14 days of service completion. We will review your concerns and provide additional consultation time or offer a complete refund for the unused portion of your service. For comprehensive services, we provide a 30-day satisfaction guarantee.
  • Service Cancellation: You may cancel any service with appropriate notice as outlined in Section 5. For hourly services, cancellation takes effect immediately. For retainer agreements, pro-rated refunds are available if cancelled within the first 30 days.
  • Premium Package Refunds: For premium accounting management packages, we offer full refunds for unused services if you wish to downgrade your service, less any accounting work already completed. The calculation is based on the pro-rated hourly rate.
  • Accounting Development Refunds: If we have already completed accounting work on your behalf, refunds will be calculated excluding the time spent on bookkeeping development and any materials already provided.
  • Emergency Consultation Refunds: Emergency consultations are non-refundable once the consultation has begun, as our accountants have reserved their time specifically for your urgent matter.

All refund requests must be submitted in writing with detailed reasoning. We process valid refund requests within 14 business days. Please note that access to completed accounting work or finished bookkeeping services may affect refund eligibility.

7. Liability and Spiritual Accuracy

We deliver our accounting services with the utmost care and according to professional accounting standards. Our accounting guidance is based on current bookkeeping best practices and our accounting expertise. We assume no liability for decisions made based on our advice or for any financial consequences resulting from changes in practices or approaches. We recommend consulting qualified accountants for specific bookkeeping matters. Our liability is limited to intentional misconduct and gross negligence, with a maximum liability of twelve times the hourly rate paid in the last year.

8. Intellectual Property

All accounting practices, consultation materials, and research created by us are protected by copyright and remain our intellectual property. Clients receive a personal, non-transferable right to use these materials exclusively for their accounting purposes. Distribution to third parties, reproduction for commercial use, or republication without our express written permission is prohibited.

9. Data Protection

The protection of personal and accounting data is our top priority. All data collected during service provision is used exclusively for client support and accounting guidance, in accordance with applicable data protection regulations and accountant-client confidentiality. Detailed information on data processing can be found in our Privacy Policy, which is an integral part of these T&C. By requesting our services, you agree to occasionally receive information about service updates and relevant accounting developments. You may opt out of this communication at any time.

10. Final Provisions

Canadian law exclusively governs all service agreements. The place of jurisdiction for all disputes is Ontario, Canada. Should individual provisions of these T&C be invalid or unenforceable, the validity of the remaining provisions remains unaffected. The invalid or unenforceable provision shall be replaced by a valid provision that comes closest to the economic purpose of the original provision. No verbal side agreements exist. Changes to these T&C must be made in writing and will be communicated to you in a timely manner.