Terms of Service

1. Agreement to Terms

By accessing or using NexCraft (“the Service”, “we”, “us”, or “our”), you agree to be legally bound by these Terms of Service. If you are entering into this agreement on behalf of a company, partnership, or other legal entity, you represent that you have the organizational authority to bind that entity.

2. Customer Data Ownership & Privacy

You own 100% of your business data. All customer lists, supplier records, chart of accounts, posted journals, bills, invoices, VAT vouchers, and financial ledgers entered into NexCraft remain your exclusive property.

We do not sell, rent, or monetize your company financial transactions or proprietary customer details to any third parties. You retain the right to export your complete financial records, transaction histories, and ledgers in standard Excel and CSV formats at any time.

3. Accounting & Statutory Responsibilities

NexCraft provides automated double-entry calculation, inventory moving average valuation, and statutory Bangladesh VAT (Mushak 6.3, 6.6) document generation tools. However, the accuracy of entered numbers, item classifications, tax treatment codes, and final filings submitted to the National Board of Revenue (NBR) remains the legal responsibility of the registered company and its authorized accountants or tax practitioners.

System-generated drafts, worksheets, and Mushak forms require verification by your qualified financial personnel before submission to statutory tax authorities.

4. Subscription Plans & Billing

Subscription fees are charged based on the active plan selected (Basic, Business, or Premium) on a monthly or discounted annual basis. Subscription tiers include defined user seats and operational allowances as listed on our pricing schedule.

Subscriptions renew automatically unless cancelled prior to the end of the current billing cycle through Organization Administration. Plan changes or user seat modifications take effect in accordance with your billing schedule.

5. Governing Law & Dispute Resolution

These Terms shall be governed by and construed in accordance with the substantive laws of the People's Republic of Bangladesh. Any dispute arising out of or in connection with the use of the Service shall be subject to the exclusive jurisdiction of the competent courts of Dhaka, Bangladesh.