STANDARD TERMS AND CONDITIONS

 


  1. Introduction: These terms and conditions govern the range of services provided by BWEALTHICS LLC. By engaging with our services, clients acknowledge and accept these terms in their entirety.
  2. Scope of Services: BWealthics LLC offers the following services:
  • Bookkeeping: Provision of monthly financial statements, which include balance sheets, income statements, Payroll journal Entries, and sales tax journal entries.
  • Odoo Accounting Setup: A tailored setup based on an initial audit and specific client requirements.
  • Tax Preparation: Comprehensive tax consultation followed by Tax Return preparation.
  • Payroll Services: Creation of Journal Entries for all Payroll reports processed through Gusto.com.
  • Account Payable Management: Efficient management using Odoo and Bill.com platforms.
  • Account Receivable Management: Streamlined processes via Odoo and Bill.com with stages for client approval.
  • Odoo Customer Support: Dedicated support provided through emails, calls, and messages.
  • Client Responsibilities:
    • Clients are obligated to provide all necessary transaction details, including receipts, invoices, bank statements, and other pertinent information within the stipulated timelines.
    • For Odoo support, clients must offer clear descriptions of issues and grant the necessary access permissions for troubleshooting.
    • For the Accounting Setup service, clients are mandated to disclose all financial details, ensuring transparency and accuracy.
  • Payment Terms: For the Odoo Accounting Setup service, a minimum commitment of 15 hours is billed, with payment required 100% in advance. This advance payment is non-refundable and non-transferable. Specific hourly rates will be detailed in individual sales orders, and these rates are subject to periodic revisions.
  • Termination of Services: BWealthics LLC holds the discretion to terminate services under the following circumstances:
    • Client's refusal to adapt to Odoo workflows.
    • Non-adherence to industry best practices as recommended by BWealthics LLC.
    • Display of abusive behavior or language towards BWealthics staff or associates.
    • Non-payment of due fees.
    • Consistent failure to provide necessary information or documentation.
    • Breach of any terms stipulated in the service contract.
  • Data Protection: BWealthics LLC operates exclusively within the client's database. The onus of data protection lies with the client. Any sensitive data intended for BWealthics LLC should be transmitted via the Document app in the client's database. BWealthics LLC commits to not retaining or storing local copies of any sensitive client data.
  • Feedback and Reviews: BWealthics LLC welcomes client feedback and reviews. However, all such submissions are subject to moderation. BWealthics LLC reserves the unequivocal right to remove or edit content deemed inappropriate, misleading, or offensive.
  • Dispute Resolution: In the event of a disagreement or dispute, both parties commit to an initial mediation process. If this does not yield a resolution, the matter will escalate to binding arbitration, to be conducted in Katy, Texas. All legal fees arising from such proceedings will be borne by the client.
  • Governing Law: These terms and conditions are crafted in accordance with and will be governed by the laws of the state of Texas. Any disputes or legal proceedings will fall under the jurisdiction of the courts located in Katy, Texas.


  • Last Updated 09/12/2022