Balancivo Terms of Service

Effective October 12, 2026

These Terms of Service ("Terms") are an agreement between you and Gnosis Concepts Inc. ("GCI," "we," "us"), a service-disabled veteran-owned small business in San Antonio, Texas. They cover your use of Balancivo at balancivo.com, including the web app at app.balancivo.com and its statement import, categorization, reconciliation, month close, invoices and bills, payroll records, receipts, budgets, funds and reports (together, the "Service").

By signing up for an account, signing in, or otherwise using the Service, you agree to these Terms and to our Privacy Policy. If you don't agree, don't sign up, sign in or use the Service. If you use the Service for an organization, such as a business, church, ministry or nonprofit, you confirm that you have authority to accept these Terms for it, and "you" includes that organization.

1. Who can use Balancivo

• You must be at least 18 years old and able to enter a binding contract.
• The Service is for organizations and the people who work or volunteer for them, not for personal, family or household purposes.
• You may not use the Service if U.S. law bars you from receiving it.

2. The Service

Balancivo is bookkeeping software. You upload bank, card and loan statements yourself (PDF, CSV, OFX or QFX), and Balancivo turns them into categorized transactions. It remembers your category choices by merchant, checks statement balances, lets you reconcile and close months, and produces reports such as profit and loss, balance sheet, cash flow, budget versus actual, fund balances, a 1099 vendor report and donor contribution statements.

Balancivo is a bookkeeping tool. It is not tax, accounting, audit or legal advice, and using it doesn't make GCI your accountant, bookkeeper, tax preparer or payroll provider. Balancivo records payroll and suggests withholding amounts, but it does not pay employees, deposit payroll taxes or file any tax return or form for you.

Early access. Balancivo is in early access. Features may change, be added or be removed, and the Service may have errors or interruptions. We will tell you in advance about changes that materially reduce what you pay for.

Bank connections. Balancivo works from statements you upload. An optional bank connection through Plaid is being tested and is not yet available for real bank accounts. If we turn it on, Section 8 and our Privacy Policy describe how it works.

Not a bank or government service. Balancivo is an independent product. It is not affiliated with, endorsed by or operated for any bank, card issuer, Plaid, the IRS or any state tax agency.

3. Accounts and organizations

• Keep your sign-in details confidential, and tell us right away at info@agilegnosis.com if you think your account has been used without permission. We encourage you to turn on two-step sign-in in Settings.
• Each organization's books are visible to every member of that organization. The owner controls access: the owner invites people, chooses whether each person is an owner or a bookkeeper, and can remove anyone. Only owners can see the audit log, manage accounts and close or reopen months. You are responsible for the people you invite and for what they do in your organization.
• Give us accurate account information and keep it current.

4. Fees and billing

• Subscriptions. Balancivo plans (Starter $15, Standard $39 and Plus $79 a month, or ten times the monthly price billed yearly) are bought at agilegnosis.com. Billing starts at checkout, and Stripe charges your card in advance each month or year until you cancel. Each plan has the limits shown on its plan page, such as organizations, people, automatic bank connections and people on payroll. New organizations get a 7-day free trial. The founding offer gives you Standard for $15 a month for your first 12 months; after that Standard's list price applies, or you can switch to Starter and keep paying $15. Founding seats bought before October 13, 2026 keep their $15 rate for as long as that subscription stays active. If you cancel and come back later, current pricing applies.
• Cancelling. You can cancel at any time by emailing info@agilegnosis.com or replying to your welcome email. Cancellation takes effect at the end of the current billing period, and you keep access until then.
• Refunds. Fees are not refundable, including for partly used months, except where the law requires a refund or we charged you in error. If you were charged in error, email us within 60 days and we will make it right.
• Price changes. We will give you at least 30 days' notice before a price change applies to an existing subscription.
• Taxes. Prices don't include taxes. You are responsible for any taxes that apply.

5. Your content

"Your Content" is everything you or your organization put into the Service: statements and receipts you upload, accounts, transactions, categories and rules, column mappings, closed periods, contacts, employee and payroll records, invoices and bills, budgets, funds, fixed assets, notes and the reports made from them.

• You own Your Content. We claim no ownership of it.
• Our limited license. You let us host, copy, process, transmit and display Your Content only to run, secure and support the Service for you, including storing it with the service providers listed in our Privacy Policy.
• We don't sell Your Content or use it for advertising. We don't use it to train AI models, and Balancivo doesn't send it to any AI provider.
• Your responsibility. You confirm that you have the rights needed to upload Your Content, including statements, receipts and the personal information of employees, donors, customers and vendors that it contains.

6. Your books and reports

Balancivo helps you keep your books, but you are responsible for them.

• Check before you rely on it. Statements can be read incorrectly, especially PDFs, and automatic categories, merchant suggestions, balance checks, depreciation, paycheck calculations and tax helpers can be wrong or incomplete. Review every categorization, balance and report before you use it for taxes, payroll, a loan application, a board or member report, a grant report or any other purpose.
• Imported data. Transactions come from the statements and files you choose to import. We are not responsible for errors in those files, or for errors that come from importing the wrong file, the wrong account or the wrong period.
• Get professional advice. Talk to a qualified accountant, tax preparer or attorney about how to categorize, report or file anything. Tax rates, wage bases and filing thresholds built into Balancivo may not fit your situation and can change.
• Closed months. When a month is closed, Balancivo blocks adding, changing or deleting transactions in it until an owner reopens it, and the audit log records changes to your books. These controls help, but they don't replace your own review or an audit.

7. Acceptable use

You agree not to:

• break any law or regulation;
• use the Service to keep false books, hide income, or mislead a tax agency, lender, funder, donor, board or auditor;
• upload material you have no right to share, or malware;
• try to probe, scan or break the security of the Service or another organization's data;
• overload the Service or get around its limits or access controls;
• copy, resell or rebuild the Service, or scrape it, except for exporting Your Content; or
• use the Service to build a competing product.

We may suspend access that violates this section or puts the Service, other customers or third parties at risk. Where we reasonably can, we will tell you first and give you a chance to fix the problem.

8. Bank data and third parties

Balancivo uses the transactions and balances in the statements you upload as they are. If the optional Plaid bank connection is turned on and an owner uses it, Balancivo receives account and transaction data from your bank through Plaid and passes it into your books as the bank reports it. Your use of Plaid is also subject to Plaid's own terms and privacy policy. Banks can delay, change or correct their data, so compare your books with your bank statements. Third-party sites we link to have their own terms, and we aren't responsible for them.

9. Our property

The Service, including its software, design, built-in charts of accounts, merchant suggestions and trademarks, belongs to Gnosis Concepts Inc. and its licensors. We give you a limited, non-exclusive, non-transferable right to use the Service under these Terms while your account is active. If you send us feedback or suggestions, we may use them without any obligation to you.

10. Ending your account

• You can stop using the Service at any time. To close your account or delete your organization's books and uploaded files, email info@agilegnosis.com from the owner's email address. We will handle it as described in our Privacy Policy.
• Getting your data. While your account is active, you can download reports as CSV files and print them to PDF. When your account ends, or within 30 days after, you can ask us for a copy of your organization's transactions in CSV and its uploaded statements and receipts, and we will send it to you.
• We may suspend or end your access if you materially breach these Terms, if your payment fails and isn't fixed within 14 days, or if the law requires it. If we discontinue the Service, we will give you at least 30 days' notice and a chance to export Your Content.
• Sections 4 (amounts owed), 5, 6, 9 and 11 through 14 continue after your account ends.

11. Disclaimers

The Service is provided "as is" and "as available." To the fullest extent the law allows, we disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose, title and non-infringement. We don't warrant that the Service will be uninterrupted or error-free, that statements will be read correctly, or that categorizations, balances, calculations or reports will be accurate or complete or meet any tax, accounting or legal requirement.

12. Limitation of liability

To the fullest extent the law allows:

• neither party is liable for indirect, incidental, special, consequential or punitive damages, or for lost profits, revenue, funding or data, even if told they were possible;
• we are not liable for taxes, penalties, interest, fees or other losses that result from errors in imported data or from relying on categorizations, balances, calculations or reports you didn't check; and
• our total liability for all claims about the Service is limited to the greater of (a) the fees you paid us for the Service in the 12 months before the event giving rise to the claim, or (b) $100.

These limits don't apply to your payment obligations, to either party's fraud or willful misconduct, or where the law doesn't allow them.

13. Indemnity

You will defend and indemnify Gnosis Concepts Inc. against third-party claims, and the resulting losses and reasonable legal fees, that arise from Your Content, from tax returns, filings or reports you prepare or submit using the Service, or from your violation of these Terms or the law.

14. Disputes and governing law

• Texas law governs these Terms, without regard to conflict-of-law rules.
• If a dispute comes up, email us first at info@agilegnosis.com, and we will both try in good faith to resolve it within 30 days.
• If we can't, the state and federal courts in Bexar County, Texas have exclusive jurisdiction, and both parties consent to them. Either party may still seek urgent court relief to protect its property or data.

15. Changes to these Terms

We may update these Terms. If a change is material, we will tell you by email or in the app at least 30 days before it takes effect. Continuing to use the Service after that date means you accept the updated Terms. If you don't agree, you can cancel before then.

16. General

These Terms and the Privacy Policy are the whole agreement about the Service. If any part is found unenforceable, the rest still applies. Not enforcing a right isn't a waiver of it. You may not transfer these Terms without our consent; we may transfer them in a merger, acquisition or sale of the business. Neither party is liable for delays caused by events beyond its reasonable control.

17. Contact

Gnosis Concepts Inc., San Antonio, Texas
Email: info@agilegnosis.com · Phone: (210) 993-6756