Terms of Service

Please read these terms carefully before using Fosro's e-invoicing and accounting platform.

Last updated: August 30, 2025

1. Acceptance of Terms

By accessing and using Fosro's e-invoicing and accounting software platform ("Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

These Terms of Service ("Terms") govern your use of the Service provided by Fosro ("we," "our," or "us"). By using our Service, you agree to these Terms in full.

2. Description of Service

Fosro provides an e-invoicing and accounting software platform designed for small businesses and freelancers. Our Service includes:

  • Invoice creation and management
  • Accounting and financial reporting
  • Payment processing and tracking
  • Customer and vendor management
  • Team collaboration features
  • Data export and backup capabilities

3. User Accounts and Registration

3.1 Account Creation

To use our Service, you must create an account by providing accurate, current, and complete information. You are responsible for safeguarding your account credentials and for all activities that occur under your account.

3.2 Account Responsibilities

You agree to:

  • Maintain the security of your account credentials
  • Promptly notify us of any unauthorized use of your account
  • Ensure that your account information remains accurate and up-to-date
  • Accept responsibility for all activities under your account

3.3 Account Termination

You may terminate your account at any time by contacting us. We may terminate or suspend your account immediately, without prior notice, for conduct that we believe violates these Terms or is harmful to other users, us, or third parties.

4. Acceptable Use Policy

You agree not to use the Service to:

  • Violate any applicable laws, regulations, or industry standards
  • Infringe upon the intellectual property rights of others
  • Upload or transmit malicious code, viruses, malware, or harmful content
  • Attempt to gain unauthorized access to our systems, networks, or other users' accounts
  • Use the Service for any illegal, fraudulent, or deceptive activities
  • Interfere with or disrupt the Service, servers, or network infrastructure
  • Share your account credentials with unauthorized users or third parties
  • Reverse engineer, decompile, or attempt to extract source code from our Service
  • Use automated systems, bots, or scrapers to access the Service
  • Engage in any activity that could harm, disable, or impair our Service
  • Use the Service for money laundering, terrorist financing, or other financial crimes
  • Violate any tax laws, accounting regulations, or financial reporting requirements

5. Data and Privacy

5.1 Data Ownership

You retain ownership of all data you upload to our Service. We do not claim ownership of your content or data. However, you grant us a worldwide, royalty-free license to use, store, and process your data solely for the purpose of providing and improving our Service.

5.2 Data Processing

By using our Service, you grant us the right to process your data as necessary to provide the Service. Our handling of your data is governed by our Privacy Policy, which is incorporated into these Terms by reference.

5.3 Data Backup

While we implement backup procedures, you are responsible for maintaining your own backups of important data. We recommend regularly exporting your data. We are not liable for any data loss, corruption, or unavailability.

6. Payment Terms

6.1 Beta Period

During the beta period, our Service is provided free of charge. We reserve the right to introduce paid plans in the future with appropriate notice. The beta period may end at any time without prior notice.

6.2 Future Pricing

When paid plans are introduced, we will provide at least 30 days' notice of any pricing changes. You will have the option to continue with the new pricing or terminate your account.

6.3 Payment Processing

Any future payments will be processed through secure third-party payment processors. You agree to provide accurate payment information and authorize us to charge your payment method.

7. Intellectual Property

7.1 Our Rights

The Service and its original content, features, and functionality are owned by Fosro and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws. You may not copy, modify, distribute, sell, or lease any part of our Service without our explicit written permission.

7.2 Your Rights

You retain ownership of your data and content. You grant us a limited license to use your data solely for the purpose of providing the Service.

7.3 License

We grant you a limited, non-exclusive, non-transferable, and revocable license to use the Service for your business purposes, subject to these Terms.

8. Service Availability and Support

8.1 Service Availability

We strive to maintain high availability of our Service, but we do not guarantee uninterrupted access. The Service may be temporarily unavailable due to maintenance, updates, or technical issues. We are not liable for any damages resulting from service interruptions or downtime.

8.2 Support

We provide support through email at [email protected]. We aim to respond to support inquiries within 24 hours during business days.

8.3 Updates and Changes

We may update the Service from time to time to improve functionality, security, or user experience. We will notify you of significant changes that affect your use of the Service.

9. Disclaimers and Limitations

9.1 Service "As Is"

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, or non-infringement. We do not warrant that the Service will be error-free, secure, or uninterrupted.

9.2 Limitation of Liability

In no event shall Fosro be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of the Service. Our total liability shall not exceed the amount you have paid us in the twelve months preceding the claim, or $100, whichever is greater.

9.3 Maximum Liability

Our total liability to you for any claims arising from or relating to these Terms or the Service shall not exceed the amount you have paid us in the twelve months preceding the claim. This limitation applies to all claims, whether based on contract, tort, negligence, or any other legal theory.

10. Indemnification

You agree to defend, indemnify, and hold harmless Fosro and its officers, directors, employees, and agents from and against any claims, damages, obligations, losses, liabilities, costs, or debt arising from your use of the Service or violation of these Terms. This includes reasonable attorneys' fees and costs incurred in defending such claims.

11. Termination

11.1 Termination by You

You may terminate your account at any time by contacting us. Upon termination, your access to the Service will cease immediately.

11.2 Termination by Us

We may terminate or suspend your account immediately, without prior notice, for any reason, including but not limited to a breach of these Terms.

11.3 Effect of Termination

Upon termination, your right to use the Service will cease immediately. We may delete your account and data, though we may retain certain information as required by law or for legitimate business purposes.

12. Governing Law and Disputes

12.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Fosro operates, without regard to its conflict of law provisions.

12.2 Dispute Resolution

Any disputes arising from these Terms or the Service shall be resolved through good faith negotiations. If such negotiations fail, disputes may be resolved through binding arbitration or in the appropriate courts. You agree to resolve disputes on an individual basis and waive any right to participate in class action lawsuits.

13. Force Majeure

We shall not be liable for any failure to perform our obligations under these Terms due to circumstances beyond our reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, government actions, internet outages, or other events outside our control.

14. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of any material changes by posting the new Terms on this page and updating the "Last updated" date. Your continued use of the Service after such changes constitutes acceptance of the new Terms.

15. Severability

If any provision of these Terms is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall be enforced to the fullest extent under law.

16. Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Fosro regarding the Service and supersede all prior agreements and understandings.

17. Contact Information

If you have any questions about these Terms of Service, please contact us:

Email: [email protected]

Subject Line: Terms of Service Inquiry

We will respond to your inquiry within 30 days.

Questions About Our Terms?

We're committed to transparency and clear communication. Contact us if you have any questions about our terms of service.

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