Terms of Service
Updated: October 2, 2026
1. Introduction and Acceptance of Terms
1.1 Welcome to PrimePeak Books, a locally installed bookkeeping application provided by PRIMEPEAK INC. ("Company," "we," "us," or "our"). These Terms of Service ("Terms") govern your access to and use of the PrimePeak Books application ("Service"), and of our website at primepeak.io (the "Site").
1.2 By installing, accessing, or using the Service, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not install or use the Service.
1.3 Company Information
1.3.1 Company Name: PRIMEPEAK INC.
1.3.2 Website: primepeak.io
1.3.3 Email: info@primepeak.io
1.4 Product Information
1.4.1 Product Name: PrimePeak Books
1.4.2 Email for Customer Support: info@primepeak.io
1.5 Brief Summary of the Service
PrimePeak Books is a locally installed application that reads financial documents — invoices, receipts, statements and similar records — extracts accounting data from them, and records bookkeeping entries in a connected Intuit QuickBooks Online company, subject to your review and approval.
2. Eligibility
2.1 To use the Service, you must be at least 18 years of age and capable of forming a binding contract.
2.2 The Service is business accounting software intended for use by businesses and their authorized representatives. It is not intended for personal or household use, and is not directed at children.
2.3 You must have a valid Intuit QuickBooks Online subscription and the authority to connect the Service to the QuickBooks company you designate.
3. Licence Grant
3.1 Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable licence to install and use the Service on computers you own or control, for your own internal business purposes.
3.2 This licence does not grant you any rights in the Service other than those expressly stated in these Terms.
4. Restrictions on Use
4.1 You may not:
4.1.1 sublicense, sell, rent, lease, lend, or otherwise distribute the Service to any third party;
4.1.2 reverse engineer, decompile, or disassemble the Service, except to the extent such restriction is prohibited by applicable law;
4.1.3 remove, obscure, or alter any proprietary notice contained in the Service;
4.1.4 use the Service to access any QuickBooks Online company that you are not authorized to access;
4.1.5 use the Service to create false, misleading, or fraudulent accounting records;
4.1.6 use the Service in violation of any applicable law or regulation, or in violation of Intuit's terms of service.
5. Your Data and Your Responsibilities
5.1 The Service operates on your computer, on documents you supply, and on data you authorize it to access. You retain all right, title, and interest in that data.
5.2 You are solely responsible for:
5.2.1 the accuracy, legality, and completeness of the documents and data you provide to the Service;
5.2.2 reviewing every entry produced by the Service before it is recorded in your accounting system;
5.2.3 maintaining adequate backups of your accounting data and of your QuickBooks Online company;
5.2.4 securing the computer on which the Service, your financial data, and your authentication credentials are stored;
5.2.5 ensuring that your use of the Service complies with your obligations to tax authorities, regulators, lenders, shareholders, and any other party relying on your books.
5.3 Automated extraction is not infallible. The Service reads documents automatically and may misread, misclassify, or omit information. It is designed so that entries require your explicit approval before being written to QuickBooks Online. You should not disable, bypass, or automate away that review step, and you assume all risk arising from doing so.
6. Not Professional Advice
6.1 The Service is a bookkeeping tool. It does not provide accounting, auditing, tax, financial, or legal advice, and no output of the Service constitutes such advice.
6.2 The Service is not a substitute for the judgment of a qualified accountant, bookkeeper, tax preparer, or lawyer. You should have your books and records reviewed by a qualified professional.
6.3 You remain solely responsible for the accuracy of your books and records, for the returns and filings you submit, and for compliance with all applicable tax and reporting obligations in every jurisdiction that applies to you.
7. Third-Party Services
7.1 The Service integrates with Intuit QuickBooks Online. Your use of QuickBooks Online is governed by your own agreement with Intuit and not by these Terms.
7.2 We are not affiliated with, endorsed by, sponsored by, or otherwise connected to Intuit Inc. QuickBooks and QuickBooks Online are trademarks of Intuit Inc.
7.3 We are not responsible for the availability, accuracy, security, or behaviour of any third-party service, nor for any change a third party makes to its interfaces, terms, or pricing that affects the Service.
7.4 Artificial intelligence provider. The Service transmits the contents of documents you supply to a third-party artificial intelligence provider in order to extract accounting data from them. By using the Service you consent to this processing. Details of what is sent, to whom, and on what terms are set out in Section 7 of our Privacy Policy. You should not supply documents to the Service that you are not permitted to disclose to such a provider.
7.5 Interruption or discontinuation of a third-party service may render some or all of the Service's functionality unavailable. This does not constitute a breach of these Terms by us.
8. Intellectual Property Rights
8.1 The Service is licensed, not sold. We and our licensors retain all right, title, and interest in and to the Service, including all software, documentation, designs, and associated intellectual property rights.
8.2 You retain all right, title, and interest in your own data, documents, and accounting records.
8.3 Any feedback you provide about the Service may be used by us without restriction or obligation to you.
9. Service Availability and Modifications
9.1 We may modify, update, suspend, or discontinue the Service, in whole or in part, at any time.
9.2 We are under no obligation to provide updates, maintenance, or support, unless separately agreed in writing.
10. Termination
10.1 These Terms remain in effect until terminated.
10.2 They terminate automatically, without notice, if you breach any of their provisions.
10.3 You may terminate at any time by ceasing all use of the Service and deleting all copies from your computers.
10.4 On termination, the licence granted in Section 3 ends immediately. Sections 5, 6, 8, 11, 12, 13, and 15 survive termination.
11. Disclaimer of Warranties
11.1 THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR STATUTORY.
11.2 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, TITLE, AND NON-INFRINGEMENT.
11.3 WE DO NOT WARRANT THAT THE SERVICE WILL BE ERROR-FREE OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SERVICE WILL PRODUCE ACCURATE, COMPLETE, OR COMPLIANT ACCOUNTING RESULTS.
11.4 Some jurisdictions do not allow the exclusion of implied warranties, so some of the above exclusions may not apply to you.
12. Limitation of Liability
12.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY, ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE, WHETHER IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
12.2 WITHOUT LIMITING THE FOREGOING, WE WILL NOT BE LIABLE FOR ANY TAX PENALTY, INTEREST CHARGE, REASSESSMENT, AUDIT COST, ACCOUNTING FEE, OR REGULATORY CONSEQUENCE ARISING FROM YOUR USE OF THE SERVICE OR FROM ANY ERROR IN DATA IT EXTRACTS OR RECORDS.
12.3 OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICE WILL NOT EXCEED THE GREATER OF (A) THE AMOUNTS YOU PAID US FOR THE SERVICE IN THE TWELVE MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED CANADIAN DOLLARS (CAD $100).
12.4 Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or for death or personal injury caused by negligence.
13. Indemnification
13.1 You agree to indemnify, defend, and hold harmless PRIMEPEAK INC., its directors, officers, employees, and agents from and against any claim, demand, loss, liability, damage, cost, or expense (including reasonable legal fees) arising out of or relating to:
13.1.1 your use or misuse of the Service;
13.1.2 your violation of these Terms or of any applicable law;
13.1.3 your violation of the rights of any third party;
13.1.4 the accuracy or completeness of your books, records, returns, or filings.
14. Assignment
14.1 You may not assign or transfer these Terms or any rights under them without our prior written consent.
14.2 We may assign these Terms in connection with a merger, acquisition, reorganization, or sale of assets.
15. Governing Law and Dispute Resolution
15.1 These Terms are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict-of-laws principles.
15.2 The courts of the Province of Ontario have exclusive jurisdiction over any dispute arising out of or relating to these Terms, and you consent to the personal jurisdiction of those courts.
15.3 Before commencing any formal proceeding, you agree to attempt in good faith to resolve the dispute by contacting us at info@primepeak.io.
16. General Provisions
16.1 Entire Agreement. These Terms, together with the Privacy Policy, constitute the entire agreement between you and us regarding the Service, and supersede all prior or contemporaneous understandings.
16.2 Severability. If any provision is held invalid or unenforceable, that provision will be limited or severed to the minimum extent necessary, and the remaining provisions remain in full force.
16.3 No Waiver. Our failure to enforce any right or provision does not constitute a waiver of that right or provision.
16.4 Force Majeure. We are not liable for any failure or delay caused by circumstances beyond our reasonable control.
16.5 Changes to These Terms. We may revise these Terms. Material changes will be reflected in the "Updated" date at the top of this page. Continued use of the Service after a change constitutes acceptance of the revised Terms.
17. Contact Information
17.1 Questions about these Terms may be directed to:
PRIMEPEAK INC. 4936 Yonge Street, Suite 515 Toronto, ON, Canada, M2N 6S3 info@primepeak.io