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Legal

Terms & Conditions

Please review our terms of service carefully. These conditions outline the framework of our professional partnership.

Legal Document
Updated: June 22, 2026

1. Introduction

GHMM Bookkeeping Services is a bookkeeping sole proprietorship firm incorporated under the laws of India.

2. Client Obligations

The accuracy and timeliness of our work depend heavily upon the accuracy and completeness of the information you provide. You agree to:

  • Provide all necessary financial records, bank statements, receipts, and documentation in a timely manner.
  • Ensure all data provided is accurate, lawful, and complete to the best of your knowledge.
  • Maintain secure access to any third-party accounting software (e.g., QuickBooks, Xero) if we require access.
  • Respond promptly to requests for clarifications regarding uncategorized transactions.

We are not liable for any penalties, interest, or financial discrepancies arising from inaccurate, withheld, or delayed data provided by the client.

3. Fees & Payment Terms

Fees for our services are outlined in your Service Agreement. Unless otherwise specified:

  • Invoices are generated on the 1st of each month for retainer-based clients.
  • Payment is due within 14 days of the invoice date (Net 14).
  • Late payments may incur a penalty fee of 1.5% per month on the outstanding balance.
  • We reserve the right to suspend services if accounts are more than 30 days past due.

4. Confidentiality & Data Protection

We treat your financial data with the highest level of security. GHMM Bookkeeping Services agrees to hold all client information in strict confidence. Information will not be shared with third parties, except:

  • When explicit written consent is provided by you.
  • When required to comply with a valid legal process, subpoena, or government request.
  • To trusted third-party software providers (e.g., cloud storage, accounting platforms) necessary to perform the services, provided they adhere to strict security standards.

5. Limitation of Liability

GHMM Bookkeeping Services is a bookkeeping sole proprietorship firm incorporated under the laws of India. GHMM is not a CPA firm, law firm, or a substitute for such professional services. All services are governed by Indian laws. Any legal matters shall fall under the jurisdiction of Indian courts.

To the maximum extent permitted by applicable law, GHMM Bookkeeping Services, its partners, employees, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or business opportunities, arising out of or related to our services.

6. Term & Termination

Either party may terminate the Service Agreement by providing a written notice of thirty (30) days. Upon termination, the client is responsible for payment for all services rendered up to the date of termination. GHMM Bookkeeping will ensure a smooth handover of all ledgers and documentation back to the client upon settlement of final invoices.

7. Governing Law

  • GHMM Bookkeeping Services is a bookkeeping sole proprietorship firm incorporated under the laws of India.
  • GHMM is not a CPA firm, law firm, or a substitute for such professional services.
  • All services are governed by Indian laws. Any legal matters shall fall under the jurisdiction of Indian courts.

Legal Disclaimer

This document serves as a standard template for illustrative purposes. Because GHMM operates across international borders dealing with US GAAP, IFRS, and Canadian tax laws, we highly recommend having your legal counsel review these terms to ensure they fully comply with your specific jurisdictional and operational requirements.

Questions about our terms?

Reach out to our legal and compliance team.

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