Financial Recordkeeping Agreement

Effective Date: July 1, 2026

This agreement is a standalone supplement to the WavyOS Terms of Service. Where this agreement is silent, the Terms of Service govern (including indemnification, governing law, and dispute resolution). Accepting this agreement in-app also constitutes acceptance of the sections below specifically.

1. What WavyBooks Is

WavyBooks is a financial recordkeeping module inside WavyOS, operated by Wavy Systems LLC (“Company,” “we,” “us”). It helps you capture receipts, organize expenses, track profit and loss, build invoices, and export your records organized by IRS Schedule C line item. WavyBooks is a tool for organizing your own records — it does not prepare, file, or certify any tax return or financial statement on your behalf.

2. Not Tax, Accounting, or Legal Advice

WavyBooks does not provide accounting advice, tax advice, legal advice, or financial planning services of any kind. Nothing generated by WavyBooks — including AI-suggested expense categories, P&L summaries, or exports — constitutes a recommendation as to any tax position, deduction, entity structure, or filing strategy. You should consult a licensed CPA, enrolled agent, bookkeeper, or attorney for advice specific to your business.

3. AI Categorization Is Informational Only

WavyBooks's AI reads uploaded receipts and suggests an expense category, including Schedule C line-item mapping. These suggestions are estimates. They may be inaccurate, incomplete, or inconsistent with current IRS guidance. You are responsible for reviewing and correcting every category before relying on it for any tax or financial purpose. Wavy Systems LLC does not guarantee the accuracy of AI-generated categorizations.

4. Not a Filing-Ready Document

The Schedule C-organized export is a CSV organized by IRS Part II line number to make handing your records to a tax professional easier. It is not a completed tax form, does not calculate depreciation (Form 4562), home-office deductions, mileage logs, or estimated tax payments, and is not, by itself, ready to file with the IRS or any state tax authority.

5. No IRS Certification or Guarantee

WavyBooks is not certified, endorsed, or approved by the Internal Revenue Service or any state tax authority. Wavy Systems LLC makes no representation or warranty that use of WavyBooks will result in accurate tax filings, reduced tax liability, or compliance with any tax law or regulation.

6. Your Records, Your Responsibility

Any CSV, report, or export generated by WavyBooks reflects only the data you entered or that the AI extracted from documents you uploaded. You are solely responsible for the completeness and accuracy of your own financial and tax records, and for verifying WavyBooks's output against your actual financial activity before relying on it. Wavy Systems LLC is not responsible for missing entries, OCR or AI extraction errors, duplicate records, or any discrepancy between WavyBooks and your real financial activity.

7. Payment Processing

Invoice payments generated through WavyBooks are processed by Stripe, Inc. Wavy Systems LLC is not responsible for Stripe service outages, holds, disputes, chargebacks, or payment failures. Stripe's own terms of service govern all payment processing.

8. No Liability for Tax or Legal Outcomes

Wavy Systems LLC bears no responsibility for your tax filings, tax positions, tax liability, penalties, IRS or state audits, or any other legal or financial matter arising from your use of WavyBooks. This limitation is in addition to, and does not replace, the indemnification and limitation-of-liability provisions in the WavyOS Terms of Service, which continue to apply in full to your use of WavyBooks.

9. Changes to This Agreement

Wavy Systems LLC may update this agreement as WavyBooks evolves. Material changes will prompt existing clients to re-acknowledge the updated agreement in-app before continued use of WavyBooks. This is tracked separately from — and in addition to — acceptance of the general WavyOS Terms of Service.