Terms and Conditions

Effective Date: June 8, 2026 Last Updated: June 8, 2026

These Terms and Conditions ("Terms") form a legally binding agreement between you ("you", "your", or the "User") and POCKET IMPLEMENTATION S.R.L., a limited liability company organized under the laws of Romania, with its place of business in Bucharest, Romania ("Company", "we", "us", or "our"). They govern your access to and use of the LedgerLog mobile application for iOS and Android and all related services, features, and content (together, the "App" or the "Service").

Please read these Terms carefully. By creating an account, downloading, accessing, or using the App, you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy, which is incorporated by reference. If you are entering into these Terms on behalf of a company or other legal entity, you represent that you have authority to bind that entity, in which case "you" refers to that entity. If you do not agree with any part of these Terms, you must not access or use the App.

1. DEFINITIONS

• "App" or "LedgerLog" refers to the LedgerLog mobile application and related online services operated by the Company.
• "Service" refers to the bookkeeping and financial record-keeping functionality provided through the App.
• "Account" refers to the registered user account required to use the Service.
• "Personal Account" refers to the individual account provisioned for you when you sign up.
• "Shared Account" refers to an Account to which more than one user is granted access through the Team Access feature.
• "Team Member" refers to a user granted access to a Shared Account with a role of Owner, Editor, or Viewer.
• "Financial Data" or "Content" refers to bank statements, invoices, receipts, transactions, reconciliations, categories, reports, business and tax identifiers, and any other data you upload, enter, import, forward, or generate through the App.
• "Subscription" refers to a paid plan offered within the App.
• "Third-Party Services" refers to services operated by parties other than the Company that the App relies on or integrates with.

2. ACCEPTANCE OF THESE TERMS

By creating an account, downloading, installing, accessing, or otherwise using the App, you agree to be bound by these Terms. These Terms apply to all users of the App. If a revision to these Terms is material, we will provide notice as described in Section 22. Your continued use of the App after a revision becomes effective constitutes acceptance of the revised Terms.

3. DESCRIPTION OF THE SERVICE

LedgerLog is a cloud-based bookkeeping and financial record-keeping application designed for small businesses, freelancers, consultants, and other professionals. The Service allows you to, among other things:

• Upload, import, or forward bank statements and invoices or receipts (including PDF, image, CSV, and spreadsheet files);
• Use artificial intelligence to extract structured information from those documents (for example, transaction dates, amounts, currencies, counterparties, and categories);
• Reconcile bank transactions against invoices and other records;
• Organize expenses into categories, generate reports, and export your records;
• Grant other users access to an Account through the Team Access feature; and
• Forward documents to a dedicated email-ingestion address.

The Service requires an internet connection and a registered Account. We may add, modify, suspend, or discontinue any feature of the App at any time. We will use reasonable efforts to communicate material changes that adversely affect core functionality.

4. ELIGIBILITY AND ACCOUNTS

4.1 Eligibility

The App is intended for use by professionals and businesses. You must be at least 18 years old and have the legal capacity to enter into a binding contract. By using the App, you represent and warrant that you meet these requirements and that your use complies with all laws applicable to you.

4.2 Registration

To use the Service you must register for an Account and provide accurate, current, and complete information. You agree to keep your registration information up to date. We may refuse, suspend, or terminate an Account at our discretion as permitted by these Terms.

4.3 Authentication

You may register and sign in using an email address and password, or through Google Sign-In or Sign in with Apple. When you use a third-party sign-in method, you also agree to the applicable terms of that provider, and the information we receive is limited by your privacy settings with that provider.

4.4 Account Security

You are responsible for safeguarding your credentials and for all activity that occurs under your Account. You agree not to share your credentials and to notify us immediately at contact@pocketimplementation.com if you suspect any unauthorized access or security breach. We are not liable for any loss arising from unauthorized use of your Account that results from your failure to keep your credentials secure.

4.5 Responsibility for Team Members

If you create or own a Shared Account, you are responsible for the users you invite, for the roles and access you grant them, and for ensuring that your invitations and instructions comply with applicable law (see Section 9).

5. SUBSCRIPTIONS, BILLING, AND REFUNDS

5.1 Plans

The App may offer both free functionality and paid Subscriptions. The features, limits, and current prices of each plan are presented to you within the App before purchase. We do not state prices in these Terms; the price shown in the App or applicable app store at the time of purchase controls.

5.2 Billing Through App Stores

Paid Subscriptions are sold and billed through the Apple App Store or Google Play Store and are administered with the assistance of RevenueCat, a subscription-management provider. Your purchase is subject to the terms and policies of the applicable app store. The Company does not directly process, store, or have access to your payment card details.

5.3 Auto-Renewal

Unless otherwise stated at the point of sale, Subscriptions renew automatically for successive periods of the same length unless you cancel at least 24 hours before the end of the current period. If a free trial is offered, it converts automatically into a paid Subscription at the end of the trial unless you cancel before the trial ends. You will be charged through your app store account at the then-current price upon each renewal.

5.4 Cancellation and Refunds

You may cancel a Subscription at any time through your Apple App Store or Google Play Store account settings. Cancellation takes effect at the end of the current billing period, and you retain access to paid features until then. Except where required by applicable law or by the app store's policies, payments are non-refundable and we do not provide refunds or credits for partial periods. Deleting your LedgerLog Account does not automatically cancel a Subscription purchased through an app store; you must cancel it through that store.

5.5 Price Changes

We may change Subscription prices. For existing subscribers, price changes take effect at the next renewal following reasonable notice, and you may cancel before the new price applies.

6. FINANCIAL INFORMATION - NO PROFESSIONAL ADVICE

THE APP IS A BOOKKEEPING AND RECORD-KEEPING TOOL ONLY. IT IS NOT A SUBSTITUTE FOR PROFESSIONAL JUDGMENT AND DOES NOT PROVIDE ACCOUNTING, AUDITING, BOOKKEEPING-AS-A-SERVICE, TAX, LEGAL, INVESTMENT, OR OTHER FINANCIAL ADVICE.

You acknowledge and agree that:

• The App organizes, extracts, and presents information from documents and data you provide; it does not verify the accuracy, completeness, or legality of that information, does not file tax returns or regulatory filings on your behalf, and does not guarantee compliance with any accounting standard, tax law, or regulatory obligation.
• You are solely responsible for reviewing and verifying all figures, categorizations, reconciliations, balances, and reports before relying on them, before submitting any tax return or filing, and before making any business or financial decision.
• You should consult a qualified accountant, tax adviser, or other professional regarding your specific circumstances.
• The Company expressly disclaims any and all responsibility for financial loss, tax penalties, interest, fines, misstated or misreported figures, missed deadlines, rejected filings, or any other consequence arising from your reliance on the App or on any output it produces. You assume all risk associated with the use of information provided by or generated through the App.

7. ARTIFICIAL INTELLIGENCE AND AUTOMATED DATA EXTRACTION

The App uses artificial intelligence and machine learning services provided by third parties, including OpenAI, to read uploaded documents and extract structured information from them. You acknowledge and agree that:

• AI and machine-learning systems are inherently probabilistic and imperfect. Extracted values, including amounts, dates, currencies, counterparties, balances, document types, categories, and suggested matches, may be incomplete, incorrect, or misleading.
• All extracted and suggested results are provided as suggestions only, with no warranty of accuracy, and must be reviewed and verified by you before use.
• Results may vary between uses as models and the documents you provide change.
• Documents and data you submit are transmitted to and processed by third-party AI providers subject to their own terms and privacy policies, as further described in our Privacy Policy.
• The Company is not responsible for errors, omissions, or inaccuracies in AI-generated or AI-extracted output, and the disclaimers in Sections 6, 14, and 15 apply fully to such output.

8. YOUR CONTENT AND LICENSE

You retain all ownership rights in your Financial Data and other Content. You grant the Company a worldwide, non-exclusive, royalty-free license to host, store, copy, transmit (including to the sub-processors described in our Privacy Policy, such as AI and storage providers), process, and display your Content solely to the extent necessary to operate, maintain, secure, and improve the Service and to provide it to you and to any Team Members you authorize.

You represent and warrant that you own or have all rights, consents, and authorizations necessary to upload your Content and to grant this license, and that your Content and its processing through the App do not violate any law or any third party's intellectual property, privacy, confidentiality, or other rights. You are responsible for maintaining your own independent backups of any records that are important to you.

9. TEAM ACCESS AND SHARED ACCOUNTS

The Team Access feature lets the owner of an Account (the "Owner") invite other users as Team Members with a role of Owner, Editor, or Viewer, and optionally limit their access to a defined time window. You acknowledge and agree that:

• The Owner controls the Shared Account and determines who is invited, what role and data-access window each Team Member has, and the purposes for which the shared Financial Data is used within that Account.
• The Owner is responsible for ensuring that inviting Team Members and sharing Financial Data with them is lawful, including where the data concerns third parties, and for instructing Team Members appropriately.
• Team Members may view and, depending on their role, create, edit, or delete Financial Data within the Shared Account. Documents and records are attributed to the Team Member who uploaded or created them, and activity may be logged for audit purposes.
• As between Team Members, the Company is not responsible for the actions or omissions of any Team Member, for any disclosure of data among Team Members consistent with their granted access, or for any dispute arising between the Owner and Team Members.

Removing a Team Member, leaving a Shared Account, or deleting an Account is handled as described in the App and, where applicable, in Section 21 and in our Privacy Policy.

10. ACCEPTABLE USE

You agree not to, and not to permit any Team Member or third party to:

• Use the App in violation of any applicable law or regulation, or to process data you are not authorized to process;
• Upload or transmit any content that is unlawful, infringing, or that violates the privacy or confidentiality rights of others;
• Reverse engineer, decompile, disassemble, or attempt to derive the source code of the App, except to the extent this restriction is prohibited by law;
• Copy, modify, or create derivative works of the App, or use it to build a competing product or service;
• Use bots, scrapers, or other automated means to access the App, or attempt to gain unauthorized access to the App, its servers, or related systems;
• Introduce viruses or malicious code, circumvent or interfere with security or access controls, or impose an unreasonable load on the App or its infrastructure;
• Impersonate any person or entity, or misrepresent your affiliation with any person or entity; or
• Remove, obscure, or alter any proprietary notices in the App.

11. INTELLECTUAL PROPERTY

The App and all of its content, features, functionality, source code, design, graphics, text, logos, and trademarks (excluding your Content) are owned by the Company and its licensors and are protected by copyright, trademark, and other laws of Romania and other countries. Except for the limited rights expressly granted to you in these Terms, all rights are reserved. If you provide feedback or suggestions about the App, you grant the Company a non-exclusive, perpetual, irrevocable, royalty-free license to use that feedback without restriction or obligation to you.

12. THIRD-PARTY SERVICES

The App relies on and integrates with Third-Party Services, including but not limited to OpenAI (AI processing), RevenueCat (subscription management), the Apple App Store and Google Play Store (distribution and payments), Google and Firebase (analytics, crash reporting, and push delivery), Apple (push delivery), Meta and TikTok (advertising attribution, as and when enabled), and cloud storage, database, and email providers. Your use of Third-Party Services is subject to their own terms and privacy policies. The Company does not control and is not responsible for the availability, accuracy, security, or practices of any Third-Party Service, and is not liable for any loss arising from their unavailability, malfunction, change, or discontinuation. Changes to a Third-Party Service may affect App functionality, and we are not obligated to maintain compatibility with any particular version of a Third-Party Service.

13. NOTIFICATIONS AND COMMUNICATIONS

The App may send push notifications (for example, when a document is ingested or a possible mismatch is detected) and service-related emails (for example, verification, password reset, and account notices). You may control push notifications through your device settings. Service-related communications are part of the Service and you may not be able to opt out of all of them while you maintain an Account. If you use the email-ingestion feature, you are responsible for the documents you forward to your dedicated ingestion address.

14. DISCLAIMER OF WARRANTIES

THE APP AND ALL CONTENT, FEATURES, AND SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW. The Company and its affiliates, licensors, and service providers expressly disclaim all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement, and any warranties that:

• the App, or any data, figure, extraction, reconciliation, report, or other output it produces, is accurate, complete, reliable, or suitable for any purpose, including accounting, tax, or regulatory purposes;
• the App will be uninterrupted, timely, secure, or error-free, or that defects will be corrected; or
• the App is compatible with your device, operating system, or network.

No advice or information obtained from the Company or through the App creates any warranty not expressly stated in these Terms. The disclaimers in Sections 6 and 7 apply fully.

15. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

(a) IN NO EVENT SHALL THE COMPANY OR ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AFFILIATES, LICENSORS, OR SERVICE PROVIDERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, GOODWILL, DATA, OR ANTICIPATED SAVINGS, OR FOR BUSINESS INTERRUPTION, FINANCIAL LOSS, TAX PENALTIES OR INTEREST, OR DECISIONS MADE IN RELIANCE ON THE APP OR ITS OUTPUT, REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT INCLUDING NEGLIGENCE, STRICT LIABILITY, STATUTE, OR OTHERWISE) AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

(b) OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE APP SHALL NOT EXCEED THE GREATER OF (i) THE AMOUNT YOU ACTUALLY PAID TO US, OR THROUGH AN APP STORE FOR THE APP, IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (ii) TEN EUROS (EUR 10).

(c) These limitations and exclusions are an essential basis of the agreement between you and us, and they apply even if a limited remedy fails of its essential purpose.

(d) Some jurisdictions do not allow the exclusion or limitation of certain warranties or damages. In those jurisdictions, our liability is limited to the maximum extent permitted by law.

(e) NOTHING IN THESE TERMS EXCLUDES OR LIMITS LIABILITY FOR DEATH OR PERSONAL INJURY CAUSED BY GROSS NEGLIGENCE, FOR FRAUD OR FRAUDULENT MISREPRESENTATION, OR FOR ANY OTHER LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW, INCLUDING ANY MANDATORY RIGHTS YOU MAY HAVE AS A CONSUMER.

16. INDEMNIFICATION

To the maximum extent permitted by applicable law, you agree to indemnify, defend, and hold harmless the Company and its directors, officers, employees, agents, affiliates, licensors, and service providers from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising out of or relating to:

• your use or misuse of the App;
• your violation of these Terms or of any applicable law or regulation;
• your violation of any third party's rights, including intellectual property, privacy, or confidentiality rights;
• any Content you upload, enter, forward, or generate, or any reliance on output of the App;
• your decisions, filings, or submissions made using information from the App; or
• the acts or omissions of any Team Member you invite or any use of a Shared Account you own or control.

This obligation survives termination of these Terms and your use of the App.

17. USER RESPONSIBILITY FOR DEVICE AND DATA SECURITY

You are solely responsible for maintaining the security and integrity of your device, for keeping your operating system and the App updated, for not using a compromised (for example, jailbroken or rooted) device, and for maintaining your own backups of records that are important to you. The Company is not responsible for unauthorized access to data on your device, for data loss caused by device failure, or for security vulnerabilities in your device or operating system.

18. FORCE MAJEURE

The Company is not liable for any failure or delay in performing its obligations resulting from causes beyond its reasonable control, including natural disasters, war, terrorism, civil unrest, epidemics or pandemics, labor disputes, telecommunications or internet outages, power failures, cyberattacks, government actions, and outages or failures of third-party providers (including cloud, AI, payment, analytics, and attribution providers).

19. CLASS ACTION WAIVER

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU AND THE COMPANY AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. If this waiver is found unenforceable in a particular jurisdiction, or where class-action waivers are not permitted, this Section does not apply to you, and the remainder of these Terms continues in full force and effect.

20. DISPUTE RESOLUTION AND GOVERNING LAW

20.1 Informal Resolution

Before commencing any formal proceedings, you agree to first contact us at contact@pocketimplementation.com and attempt in good faith to resolve the dispute informally for a period of at least thirty (30) days.

20.2 Governing Law

These Terms are governed by and construed in accordance with the laws of Romania, without regard to conflict-of-law principles.

20.3 Jurisdiction

Subject to Section 20.4, any dispute that cannot be resolved informally shall be submitted to the exclusive jurisdiction of the competent courts of Romania.

20.4 Consumer Rights

If you use the App as a consumer, nothing in these Terms affects your mandatory rights under the consumer-protection laws of your country of residence, including your right to bring proceedings in your local courts where applicable law so provides. Consumers in the European Union may also use the European Commission's Online Dispute Resolution platform at https://ec.europa.eu/consumers/odr.

21. SUSPENSION AND TERMINATION

21.1 Termination by You

You may stop using the App at any time and may delete your Account from within the App. Deleting your Account triggers the data-deletion process described in our Privacy Policy. Deleting your Account does not cancel any Subscription purchased through an app store (see Section 5.4).

21.2 Termination by Us

We may suspend or terminate your access to the App immediately, with or without notice, if you breach these Terms, if required by law, or to protect the App, other users, or third parties.

21.3 Effect of Termination

Upon termination, your license to use the App ends. Provisions that by their nature should survive termination will survive, including Sections 6, 7, 8, 11, 14, 15, 16, 18, 19, and 20.

22. CHANGES TO THESE TERMS

We may modify these Terms from time to time. We will indicate changes by updating the "Last Updated" date above, and for material changes we will make reasonable efforts to notify you through the App or by other appropriate means. Your continued use of the App after changes become effective constitutes acceptance of the revised Terms. If you do not agree to the revised Terms, you must stop using the App.

23. SEVERABILITY

If any provision of these Terms is held invalid, illegal, or unenforceable, that provision will be modified to the minimum extent necessary to make it enforceable or, if it cannot be modified, severed, and the remaining provisions will continue in full force and effect.

24. ENTIRE AGREEMENT

These Terms, together with our Privacy Policy, constitute the entire agreement between you and the Company regarding the App and supersede all prior or contemporaneous agreements, understandings, and representations, whether written or oral, regarding the App. Our failure to enforce any right or provision is not a waiver of that right or provision.

25. CONTACT

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

POCKET IMPLEMENTATION S.R.L. Bucharest, Romania Email: contact@pocketimplementation.com