Not a Substitute for a Licensed Professional
MyLedgerMind is an AI-assisted software tool, not a licensed accounting firm. MyLedgerMind is not a certified public accountant (CPA), and no employee, agent, or output of the Service acts as your accountant. The Service does not provide accounting, tax, legal, investment, or financial advice, and nothing produced by the Service should be relied upon as such.
AI-Generated Output
The reports, categorizations, reconciliations, and answers produced by the Service are generated by artificial intelligence and may be incomplete, outdated, or incorrect. AI may mis-categorize transactions, assign them to the wrong account, apply incorrect amounts, omit entries, or produce reports that do not accurately reflect your financial records.
You are solely responsible for reviewing and confirming all AI-generated output before relying on it for any purpose.
Accuracy of Source Data
The accuracy of your reports depends entirely on the accuracy and completeness of the data you upload or connect. MyLedgerMind does not independently verify the underlying source data.
Professional Review Recommended
For matters affecting taxes, loans, investments, audits, or legal or regulatory compliance, you should have your books and reports reviewed by a qualified professional, such as a licensed CPA. The Service is a record-keeping and drafting aid, not a replacement for professional judgment.
No Guarantee
THE SERVICE AND ALL OUTPUT ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, INCLUDING ACCURACY, COMPLETENESS, OR FITNESS FOR A PARTICULAR PURPOSE. To the maximum extent permitted by law, MyLedgerMind disclaims all liability arising from your use of, or reliance on, the Service or its output. See our Terms of Service for full warranty disclaimers and limitations of liability.
Financial and Tax Decisions
You are solely responsible for all financial, tax, and business decisions you make, and for the accuracy of any filings or submissions prepared using the Service. If you share reports with a CPA or other professional, you do so at your own direction and risk.