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Terms of Service and Software License Agreement

Paradise Financial Services, LLC

Effective Date: August 14, 2026    |    Last Updated: August 14, 2026

 

These Terms of Service and Software License Agreement (the "Terms") govern your use of the website at www.paradisefs.com (the "Site") and of the financial reporting software operated by Paradise Financial Services, LLC (the "Software"). Please read them carefully. By accessing the Site or using the Software, you agree to be bound by these Terms. If you do not agree, do not use the Site or the Software.

1. Definitions

  • "PFS," "we," "us," "our" means Paradise Financial Services, LLC, a Massachusetts limited liability company.

  • "Client" means a business or individual that has engaged PFS for professional services under a written engagement letter.

  • "Authorized User" means a person permitted by a Client or by PFS to access the Software or its outputs.

  • "Software" means the internal financial reporting and analysis application operated by PFS, including any interface, report, dashboard, or export it produces.

  • "Client Data" means accounting, financial, and business records belonging to a Client, including data retrieved from QuickBooks Online with the Client’s authorization.

  • "Services" means the bookkeeping, financial planning and analysis, CFO advisory, and tax preparation services PFS provides.

2. Relationship to the Engagement Letter

Professional Services are governed by a separate written engagement letter between PFS and the Client. These Terms govern the Site and the Software only. Where these Terms conflict with an executed engagement letter, the engagement letter controls with respect to the subject matter it addresses, including scope of services, fees, confidentiality, and professional responsibility.

3. The Software

3.1 Description

The Software retrieves accounting data from a Client’s QuickBooks Online company file through Intuit’s published application programming interface and uses it to produce financial statements, management reporting, forecasts, and analytical output for that Client. The Software operates on a read-only basis and does not create, modify, or delete records in any QuickBooks company file.

3.2 License grant

Subject to these Terms and to payment of all fees due under the applicable engagement letter, PFS grants each Client and its Authorized Users a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Software and its outputs solely for that Client’s internal business purposes.

3.3 Restrictions

You may not, and may not permit any third party to:

  • Copy, modify, adapt, translate, or create derivative works of the Software;

  • Reverse engineer, decompile, or disassemble the Software, or attempt to derive its source code;

  • Rent, lease, lend, sell, sublicense, distribute, or otherwise make the Software available to any third party;

  • Use the Software to build or assist in building a competing product or service;

  • Access or attempt to access any account, company file, or data other than that of the Client for whom access was granted;

  • Circumvent or interfere with any security, authentication, or rate-limiting mechanism;

  • Use automated means to scrape, harvest, or extract data from the Software except as expressly permitted; or

  • Use the Software in violation of any applicable law or of Intuit’s terms applicable to QuickBooks Online.

3.4 Authorization to access QuickBooks Online

By authorizing the connection between the Software and a QuickBooks Online company file, the Client:

  • Represents and warrants that it has full authority to grant that access and to permit PFS to retrieve and process the data in that company file;

  • Authorizes PFS to retrieve, store, and process Client Data as described in our Privacy Policy for the purpose of providing the Services; and

  • Acknowledges that it may revoke the authorization at any time through QuickBooks Online or by written notice to PFS, and that revocation may prevent PFS from performing some or all of the Services.

3.5 Reserved rights

PFS retains all right, title, and interest in and to the Software, including all intellectual property rights. No rights are granted except as expressly set out in these Terms. The Client retains all right, title, and interest in and to its Client Data.

4. Client Responsibilities

  • Provide accurate, complete, and timely information and records;

  • Maintain the confidentiality of any credentials used to access the Software, and not share them;

  • Notify PFS promptly of any suspected unauthorized access or security incident affecting the Software or Client Data;

  • Ensure that its Authorized Users comply with these Terms; and

  • Review the outputs of the Software and inform PFS of any apparent error or omission.

The Software presents information derived from the Client’s own accounting records. Its outputs are only as accurate as the underlying books. Responsibility for the accuracy and completeness of the underlying records rests with the Client, subject to the scope of services set out in the engagement letter.

5. Third-Party Services

The Software depends on QuickBooks Online, operated by Intuit Inc., and on third-party hosting and database providers. Your use of QuickBooks Online is governed by your agreement with Intuit, not by these Terms. PFS is not responsible for the availability, performance, security, pricing, or continued existence of any third-party service, or for changes a third party makes to its interfaces or terms. Interruption or discontinuation of a third-party service may interrupt or discontinue the Software.

6. Fees

Fees for the Services, including any fee attributable to the Software, are set out in the applicable engagement letter. Access to the Software is provided as part of the Services and is not sold separately unless expressly agreed in writing.

7. Confidentiality

PFS will treat Client Data as confidential and will not disclose it except as described in our Privacy Policy, as permitted by the engagement letter, or as required by law, subpoena, or applicable professional standards. This obligation survives termination.

8. Disclaimers

THE SITE AND THE SOFTWARE ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR NON-INFRINGEMENT. PFS DOES NOT WARRANT THAT THE SITE OR SOFTWARE WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE, OR THAT DEFECTS WILL BE CORRECTED.

Reports, dashboards, forecasts, and other outputs of the Software are informational and are prepared for management use. They do not constitute audited financial statements, an attestation engagement, legal advice, or investment advice, and they should not be relied upon as such by any third party.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PFS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, OR BUSINESS OPPORTUNITY, ARISING OUT OF OR RELATING TO THE SITE OR THE SOFTWARE, WHETHER IN CONTRACT, TORT, OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

PFS’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE SITE OR THE SOFTWARE WILL NOT EXCEED THE FEES PAID BY THE CLIENT TO PFS UNDER THE APPLICABLE ENGAGEMENT LETTER IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

Some jurisdictions do not allow the exclusion or limitation of certain damages, so some of the above may not apply to you. Nothing in these Terms limits liability for fraud, willful misconduct, or any liability that cannot be limited as a matter of law or applicable professional standards.

10. Indemnification

The Client will indemnify and hold harmless PFS and its members, officers, and personnel from any claim, loss, liability, or expense (including reasonable attorneys’ fees) arising out of the Client’s breach of these Terms, the Client’s violation of applicable law, or the Client’s grant of access to a QuickBooks Online company file it was not authorized to grant.

11. Term and Termination

These Terms apply from your first use of the Site or Software and continue until terminated. PFS may suspend or terminate access to the Software at any time, with or without notice, including on termination or expiry of the applicable engagement. On termination:

  • Licenses granted under Section 3.2 end immediately;

  • PFS will revoke and delete stored QuickBooks OAuth tokens for the Client; and

  • PFS will retain Client Data and workpapers in accordance with its Privacy Policy and applicable professional records-retention requirements.

Sections 3.5, 7, 8, 9, 10, 12, and 13 survive termination.

12. Governing Law and Dispute Resolution

These Terms are governed by the laws of the Commonwealth of Massachusetts, without regard to its conflict-of-laws rules. The parties submit to the exclusive jurisdiction of the state and federal courts located in Essex County, Massachusetts.

13. General

  • Changes. We may modify these Terms at any time by posting a revised version with a new effective date. Continued use after the effective date constitutes acceptance.

  • Severability. If any provision is held unenforceable, the remainder stays in effect and the unenforceable provision is modified to the minimum extent necessary.

  • No waiver. Failure to enforce a provision is not a waiver of it.

  • Assignment. You may not assign these Terms without our written consent. We may assign them in connection with a merger, acquisition, or sale of assets.

  • Force majeure. Neither party is liable for delay or failure caused by events beyond its reasonable control.

  • Entire agreement. These Terms, together with the Privacy Policy and any applicable engagement letter, constitute the entire agreement on their subject matter.

14. Contact

Paradise Financial Services, LLC

Email: info@paradisefs.com

Telephone: 781-214-1987

52 Brookhouse Drive

Marblehead MA 01945

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