Terms of Service

1. Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you and RES Consulting FL, LLC, the operator of AccelClose ("AccelClose," "we," "us," or "our"). By creating an account or using the AccelClose platform at accelclose.com (the "Service"), you confirm that you have read, understood, and agree to be bound by these Terms. If you are using the Service on behalf of an organization, you represent that you have authority to bind that organization to these Terms.

If you do not agree to these Terms, you may not use the Service.

2. Description of Service

AccelClose is a cloud-based SaaS accounting automation tool designed to help accounting professionals manage month-end close schedules. The Service automates the calculation and documentation of lease accounting (ASC 842), fixed asset depreciation, intangible amortization, prepaid expense amortization, and debt amortization schedules, and generates journal entry export files for import into your accounting system.

AccelClose is a tool to assist with accounting work. It is not a substitute for a licensed accountant, CPA, or other financial professional. All schedules, calculations, and journal entries generated by the Service should be reviewed by a qualified accounting professional before being relied upon for financial reporting, tax filing, or any other purpose. We make no warranty as to the accuracy of any calculation produced by the Service.

3. Accounts and User Responsibilities

To use the Service, you must create an account by providing accurate and complete information, including your name, email address, and company name. You agree to keep this information current. You are responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account. You must notify us immediately at billing@accelclose.com if you become aware of any unauthorized access to your account.

Each paid subscription is for one account. You may not share your login credentials with others or allow multiple users to access the Service under a single account, except as explicitly permitted by your subscription tier. You are responsible for ensuring that the data you enter into the Service is accurate. AccelClose bears no responsibility for errors that result from inaccurate inputs.

4. Free Trial

We offer a 30-day free trial with access to Starter tier features. No credit card is required to begin a trial. At the end of the trial period, your account will be placed in read-only mode. Your data will be retained for 90 days after the trial expires. To continue using the Service, you must activate a paid subscription. If no subscription is activated within 90 days of trial expiration, your data will be permanently deleted.

5. Subscriptions and Billing

Paid subscriptions are billed monthly in advance at the rate corresponding to your selected plan. All fees are stated in US dollars. By activating a paid subscription, you authorize AccelClose to charge your payment method on a recurring monthly basis until you cancel.

Cancellation: You may cancel your subscription at any time through your account billing settings or by emailing billing@accelclose.com. Upon cancellation, your access continues through the end of the current billing period. We do not provide refunds or credits for any partial subscription period, unused features, or months remaining after cancellation, except as required by applicable law.

Price changes: We reserve the right to change subscription pricing. We will provide at least 30 days' written notice to your registered email address before any price change takes effect on your account.

Failed payments: If your payment method is declined, we will attempt to notify you by email. If payment is not resolved within 7 days, your account may be suspended. Your data will be retained for 90 days from the suspension date before permanent deletion.

Payment processing is handled by Stripe. By subscribing, you also agree to Stripe's terms of service.

6. Data Ownership

You retain full ownership of all data you enter into AccelClose, including your financial schedule data, asset lists, lease details, journal entries, and any other information you provide. AccelClose does not claim any ownership interest in your data.

You grant AccelClose a limited, non-exclusive license to access, process, store, and display your data solely for the purpose of providing the Service to you. This license is revoked when you delete your data or close your account and the associated deletion period has elapsed.

7. Acceptable Use

You agree not to use the Service to:

• Violate any applicable law, regulation, or third-party right.
• Transmit malicious code, viruses, or any material intended to disrupt or damage the Service or its users.
• Attempt to gain unauthorized access to any other user's account or data.
• Reverse-engineer, decompile, or attempt to extract the source code of the Service.
• Resell, sublicense, or otherwise commercially redistribute the Service without our prior written consent.
• Use the Service to process data on behalf of third parties as part of a competing product or service.

8. 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, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR COMPLETELY SECURE, OR THAT ANY CALCULATION OR SCHEDULE PRODUCED BY THE SERVICE IS ACCURATE OR SUITABLE FOR YOUR PARTICULAR ACCOUNTING REQUIREMENTS.

AccelClose is an accounting automation tool, not a licensed accounting service. You are solely responsible for reviewing all output produced by the Service and for obtaining independent professional advice before relying on that output for financial reporting, tax, audit, or any other purpose. We strongly recommend having a licensed CPA or accountant review all schedules and journal entries before use.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, RES CONSULTING FL, LLC AND ITS OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SERVICE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN NO EVENT SHALL OUR TOTAL CUMULATIVE LIABILITY TO YOU FOR ANY CLAIM ARISING UNDER OR RELATED TO THESE TERMS OR THE SERVICE EXCEED THE TOTAL AMOUNT YOU PAID TO ACCELCLOSE IN THE TWELVE (12) CALENDAR MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

Some jurisdictions do not allow the exclusion or limitation of certain damages, so the above limitations may not apply to you in full. In such cases, our liability is limited to the maximum extent permitted by applicable law.

10. Indemnification

You agree to defend, indemnify, and hold harmless RES Consulting FL, 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 related to: (a) your use of the Service in violation of these Terms; (b) your violation of any applicable law or third-party right; or (c) the inaccuracy or illegality of any data you submit to the Service.

11. Termination

By you: You may close your account at any time by canceling your subscription and contacting us at billing@accelclose.com. Upon account closure, your data will be retained for 90 days and then permanently deleted.

By AccelClose: We reserve the right to suspend or terminate your account, with or without prior notice, if: (a) you fail to pay applicable subscription fees and do not cure the failure within 7 days of notice; (b) you materially violate these Terms; or (c) we are required to do so by law or court order. Where reasonably practicable, we will provide at least 14 days' written notice before termination for cause. Upon termination, your right to access the Service ceases immediately, and your data will be retained for 90 days before permanent deletion.

12. Intellectual Property

AccelClose and all content, software, algorithms, interfaces, and documentation comprising the Service are owned by RES Consulting FL, LLC and are protected by United States and international copyright, trademark, and other intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the Service solely for your internal business purposes in accordance with these Terms. No other rights are granted.

13. Changes to These Terms

We may modify these Terms at any time by posting the updated version on this page and updating the "Last updated" date. For material changes, we will send a notice to the email address registered to your account at least 14 days before the change takes effect. Your continued use of the Service after the effective date constitutes your acceptance of the updated Terms. If you do not agree to the updated Terms, you must stop using the Service before the effective date.

14. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of the State of Florida, United States, without regard to its conflict of law principles. Any dispute arising out of or relating to these Terms or the Service that cannot be resolved informally shall be submitted to the exclusive jurisdiction of the state and federal courts located in Miami-Dade County, Florida, and you consent to personal jurisdiction in those courts.

Before initiating any formal legal proceeding, you agree to contact us at billing@accelclose.com and attempt to resolve the dispute informally for at least 30 days.

15. Miscellaneous

Entire agreement: These Terms, together with our Privacy Policy, constitute the entire agreement between you and AccelClose with respect to the Service and supersede all prior agreements and understandings.

Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.

Waiver: Our failure to enforce any provision of these Terms shall not constitute a waiver of our right to enforce that provision in the future.

Assignment: You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction.

16. Contact Us

If you have questions about these Terms, contact us at:

AccelClose — RES Consulting FL, LLC
Email: billing@accelclose.com
Web: accelclose.com