End User License Agreement

Effective Date: January 21, 2026
Last Updated: February 13, 2026
Version: 1.3

1. Acceptance of Terms

By downloading, installing, accessing, or using GIFI Books ("the Application"), you agree to be bound by this End User License Agreement ("Agreement" or "EULA"). If you do not agree to these terms, do not download, install, or use the Application.

This Agreement is concluded between you and Fairknowe Inc. ("Fairknowe", "we", "us", or "our") only, and not with Apple Inc. ("Apple"). Fairknowe is solely responsible for the Application and its content.

2. Description of Service

GIFI Books is a financial accounting software application designed for small and medium-sized businesses in Canada. The Application provides tools for managing chart of accounts, journal entries, financial reporting, and tax compliance in accordance with International Financial Reporting Standards (IFRS) and Canadian tax regulations.

The Application may be offered in different editions or tiers with varying features and pricing. The specific features available to you depend on the edition you have licensed. Current edition details are available at gifibooks.com/pricing.

3. License Grant

Subject to your compliance with this Agreement and the Usage Rules set forth in the Apple Media Services Terms and Conditions, Fairknowe Inc. grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to install and use the Application on Apple-branded products that you own or control, for legitimate business accounting purposes, whether for your own organization or on behalf of clients you serve in a professional capacity. The Application is licensed, not sold. The Application may be accessed and used by other accounts associated with the purchaser via Family Sharing or volume purchasing, subject to the Usage Rules.

3.1 Maintenance and Support

Fairknowe Inc. is solely responsible for providing any maintenance and support services for the Application, as specified in this Agreement or as required under applicable law. You acknowledge that Apple has no obligation whatsoever to furnish any maintenance and support services with respect to the Application.

4. User Responsibilities

4.1 Eligibility

You represent and warrant that you are of legal age to form a binding contract in your jurisdiction (and, in any case, not under 13 years of age) and that you have the legal capacity and authority to enter into this Agreement.

4.2 Acceptable Use

You agree to:

  • Take responsibility for the accuracy and completeness of financial data you enter
  • Use the Application in compliance with all applicable laws and regulations
  • Not attempt to reverse engineer, decompile, or disassemble the Application, except to the extent expressly permitted by applicable law
  • Not use the Application for any unlawful, fraudulent, or unauthorized purpose
  • Not upload or transmit malware, viruses, or other harmful code through the Application
  • Not interfere with or disrupt the operation, security, or integrity of the Application
  • Not bypass or disable any security or technical features of the Application
  • Not rent, lease, loan, sublicense, or otherwise make the Application available to third parties except as expressly permitted
  • Not use the Application to provide unlawful or misleading information

5. Data Ownership and Privacy

You retain all rights to the financial data you enter into the Application. We collect and process your data as described in our Privacy Policy and in compliance with applicable Canadian privacy legislation, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and, where applicable, Alberta's Personal Information Protection Act (PIPA), British Columbia's Personal Information Protection Act (PIPA), and Quebec's Act Respecting the Protection of Personal Information in the Private Sector (Law 25). By using the Application, you consent to such collection and processing.

For privacy-related inquiries, please contact us at: privacy@fairknowe.com

6. Cloud Sync and Data Storage

The Application uses Apple CloudKit for optional data synchronization across your devices. When cloud sync is enabled:

  • Your data is stored in your iCloud account
  • Data transmission is encrypted using Apple's security protocols
  • You control when cloud sync is enabled or disabled
  • You are responsible for maintaining adequate iCloud storage capacity

Use of the Application may consume data and require internet access. Your carrier's rates and fees may apply. Performance may vary by device, operating system, and network conditions.

6.1 Third-Party Services

The Application may enable access to or use of third-party services and content (including Apple services such as the App Store, Apple ID, and iCloud). Your use of those services may be subject to additional terms, policies, and fees imposed by those third parties. You must comply with all applicable third-party terms of agreement when using the Application (for example, your wireless data service agreement or iCloud terms of service). Fairknowe Inc. is not responsible for examining or evaluating the content or accuracy of any third-party services, and shall not be liable for any such third-party services. Your use of such services is at your sole risk.

7. Disclaimer of Warranties

THE APPLICATION IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, INCLUDING THE ONTARIO SALE OF GOODS ACT AND THE CONSUMER PROTECTION ACT, 2002, FAIRKNOWE INC. EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES, CONDITIONS, AND REPRESENTATIONS, INCLUDING BUT NOT LIMITED TO:

  • IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY;
  • FITNESS FOR A PARTICULAR PURPOSE;
  • NON-INFRINGEMENT;
  • TITLE AND QUIET POSSESSION; AND
  • THOSE ARISING FROM A COURSE OF DEALING OR USAGE OF TRADE.

Fairknowe Inc. does not warrant that:

  • The Application will meet your specific requirements
  • The Application will be uninterrupted, timely, secure, or error-free
  • The results obtained from using the Application will be accurate or reliable
  • Any errors in the Application will be corrected

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES. TO THE EXTENT SUCH EXCLUSIONS ARE PROHIBITED BY APPLICABLE LAW, SOME OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU.

8. Limitation of Liability

IMPORTANT — PLEASE READ CAREFULLY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, INCLUDING THE LAWS OF THE PROVINCE OF ONTARIO AND APPLICABLE FEDERAL LAWS OF CANADA:

(a) FAIRKNOWE INC. SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY, HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY (WHETHER IN CONTRACT, TORT INCLUDING NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE), EVEN IF FAIRKNOWE INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

(b) FAIRKNOWE INC.'S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT OR YOUR USE OF THE APPLICATION SHALL NOT EXCEED THE GREATER OF:

  • (i) THE AMOUNTS ACTUALLY PAID BY YOU TO FAIRKNOWE INC. IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR
  • (ii) ONE HUNDRED CANADIAN DOLLARS (CAD $100).

(c) THE FOREGOING LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF THE ESSENTIAL PURPOSE OF ANY LIMITED REMEDY PROVIDED HEREIN.

YOU ACKNOWLEDGE THAT:

  • THIS LIMITATION OF LIABILITY IS A FUNDAMENTAL TERM OF THIS AGREEMENT;
  • THE FEES CHARGED REFLECT THIS ALLOCATION OF RISK;
  • YOU HAVE HAD THE OPPORTUNITY TO REVIEW THIS AGREEMENT; AND
  • THIS LIMITATION IS FAIR AND REASONABLE IN THE CIRCUMSTANCES.

SOME PROVINCES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES. IN THOSE PROVINCES, THE EXCLUSIONS AND LIMITATIONS IN THIS SECTION WILL APPLY TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW.

Nothing in this Agreement limits Fairknowe Inc.'s liability to you beyond what is permitted by applicable law.

9. Professional Advice Disclaimer

The Application is a tool for organizing and managing financial data. It does not provide accounting, tax, financial, business, legal, or other professional advice. You should consult with qualified professionals for advice specific to your circumstances.

You are responsible for the accuracy and completeness of all data you enter into the Application. You should review all reports, calculations, and outputs generated by the Application for accuracy before relying on them for any purpose.

The Application is not certified, endorsed, or approved by the Canada Revenue Agency (CRA) or any other regulatory body. Fairknowe Inc. is not responsible for any decisions made based on information generated by the Application.

9.1 Tax Deadline Calculations

The Application may display estimated tax filing deadlines based on your company profile and fiscal year end dates. These deadlines are estimates only and are provided for informational purposes. Actual filing deadlines depend on factors including but not limited to:

  • Your corporation's tax status (CCPC, public, etc.)
  • Provincial requirements
  • Balance-due day calculations
  • CRA administrative decisions

You must verify all filing deadlines directly with the Canada Revenue Agency using the official CRA deadline calculator at canada.ca or by contacting CRA directly.

Fairknowe Inc. disclaims all liability for missed deadlines, late filing penalties, or interest charges resulting from reliance on deadline estimates displayed in the Application. All deadline displays are logged for audit purposes.

9.2 Professional Users

If you use the Application to provide bookkeeping, accounting, or other services to third parties ("your clients"):

  • You remain solely responsible to your clients for all services you provide and all use of Application outputs;
  • Fairknowe Inc. has no contractual or other relationship with your clients;
  • You may not transfer, assign, or delegate to Fairknowe Inc. any liability you may have to your clients; and
  • You are responsible for ensuring your use of the Application complies with any professional standards, licensing requirements, or codes of conduct applicable to your profession.

9.3 Automated Features and Suggestions

The Application includes features that automatically suggest or generate data, including but not limited to:

  • GIFI (General Index of Financial Information) code mappings based on account names;
  • Pre-populated fields for T2 Schedule 50, Schedule 100, and Schedule 125; and
  • GST/HST tax report line assignments based on tax code classifications.

These automated suggestions are provided for convenience only and may not be accurate or appropriate for your specific circumstances. You must verify all suggested mappings, calculations, and classifications before submitting any information to the CRA or other regulatory bodies. A qualified tax professional should review all tax-related outputs before filing.

10. Intellectual Property

The Application, including all content, features, functionality, software code, user interface designs, graphics, trademarks, service marks, and logos, is owned by Fairknowe Inc. or its licensors and is protected by Canadian and international copyright, trademark, patent, trade secret, and other intellectual property laws.

You may not:

  • Copy, modify, or create derivative works based on the Application;
  • Distribute, license, sell, resell, transfer, publicly display, or otherwise exploit the Application;
  • Decompile, reverse engineer, or disassemble the Application, except to the extent expressly permitted by applicable law;
  • Remove, alter, or obscure any copyright, trademark, or other proprietary notices; or
  • Use any data mining, robots, or similar data gathering methods.

All rights not expressly granted in this Agreement are reserved by Fairknowe Inc.

11. Indemnification

You agree to indemnify, defend, and hold harmless Fairknowe Inc. and its directors, officers, shareholders, employees, agents, affiliates, licensors, and service providers (collectively, the "Indemnified Parties") from and against any and all claims, demands, losses, damages, liabilities, costs, and expenses (including reasonable legal fees) arising out of or related to:

  • Your use of the Application;
  • Your breach of this Agreement;
  • Your violation of any applicable law or regulation;
  • Any tax filings, reports, or submissions prepared using data from the Application;
  • Any services you provide to third parties using the Application; or
  • Any claim that your use of the Application infringes the rights of any third party.

This indemnification obligation will survive the termination of this Agreement and your use of the Application.

12. Termination

12.1 Termination by Fairknowe Inc.

We may terminate or suspend your access to the Application at any time, with or without cause or notice, including if we reasonably believe you have violated this Agreement.

12.2 Termination by You

You may terminate your use of the Application at any time by deleting the Application from all your devices and discontinuing use.

12.3 Effect of Termination

Upon termination:

  • Your license to use the Application is immediately revoked;
  • You must cease all use of the Application and delete all copies from your devices;
  • Any provisions of this Agreement that by their nature should survive termination will survive, including Sections 7, 8, 9, 10, 11, 15, and 16.

12.4 Data Export and Retention

Before termination or uninstallation, you are responsible for exporting any data you wish to retain using the Application's export features. After you delete the Application:

  • Local data is removed from that device;
  • iCloud data persists in your iCloud account if cloud sync was enabled;
  • Fairknowe Inc. does not retain copies of your financial data and cannot recover deleted data.

13. Apple App Store Terms

If you downloaded the Application from the Apple App Store, the following additional terms apply:

  • This Agreement is between you and Fairknowe Inc. only, and not with Apple. Apple is not responsible for the Application or its content.
  • Fairknowe Inc., not Apple, is solely responsible for providing any maintenance and support services for the Application. Apple has no obligation whatsoever to furnish any maintenance or support services with respect to the Application.
  • In the event of any failure of the Application to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price (if any) to you. To the maximum extent permitted by applicable law, Apple will have no other warranty obligation whatsoever with respect to the Application.
  • Fairknowe Inc., not Apple, is responsible for addressing any claims by you or any third party relating to the Application or your possession and/or use of the Application, including but not limited to: (i) product liability claims; (ii) any claim that the Application fails to conform to any applicable legal or regulatory requirement; and (iii) claims arising under consumer protection, privacy, or similar legislation.
  • In the event of any third-party claim that the Application or your possession and use of the Application infringes that third party's intellectual property rights, Fairknowe Inc., not Apple, will be solely responsible for the investigation, defense, settlement, and discharge of any such intellectual property infringement claim.
  • Apple and its subsidiaries are third-party beneficiaries of this Agreement. Upon your acceptance of this Agreement, Apple will have the right (and will be deemed to have accepted the right) to enforce this Agreement against you as a third-party beneficiary.
  • For purchases made through the App Store, Apple's terms and conditions govern the transaction, including refunds.

14. Modifications

We reserve the right to modify this Agreement at any time. When we make material changes, we will update the "Last Updated" date and notify you through the Application or by other reasonable means. Your continued use of the Application after such changes constitutes acceptance of the modified Agreement. If you do not agree to the modified Agreement, you must stop using the Application.

15. General Provisions

15.1 Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein.

15.2 Waiver

The failure of Fairknowe Inc. to enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. Any waiver of any provision of this Agreement will be effective only if in writing and signed by Fairknowe Inc.

15.3 Assignment

You may not assign or transfer this Agreement or your rights hereunder, in whole or in part, without the prior written consent of Fairknowe Inc. Fairknowe Inc. may assign or transfer this Agreement, in whole or in part, without restriction, including in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets.

15.4 Force Majeure

Fairknowe Inc. shall not be liable for any failure or delay in performing its obligations under this Agreement due to circumstances beyond its reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemic, strikes, or shortages of transportation, facilities, fuel, energy, labour, or materials.

15.5 Notices

Any notices or other communications required or permitted under this Agreement shall be in writing and shall be deemed given when: (a) delivered personally; (b) sent by confirmed email; or (c) sent by registered or certified mail, return receipt requested, postage prepaid. Notices to Fairknowe Inc. shall be sent to the contact information in Section 18. Notices to you shall be sent to the email address associated with your use of the Application, if applicable, or through notifications within the Application.

15.6 Headings

The section headings in this Agreement are for convenience only and have no legal or contractual effect.

15.7 Language

Les parties aux présentes ont expressément demandé que cette convention et tous les documents qui s'y rattachent soient rédigés en anglais. (The parties have expressly requested that this Agreement and all related documents be drafted in English.)

15.8 Export and Sanctions Compliance

You represent and warrant that you are not: (a) located in a country that is subject to a Canadian or U.S. Government embargo or that has been designated as a "terrorist supporting" country; or (b) listed on any Canadian or U.S. Government list of prohibited or restricted parties. You agree to comply with all applicable export control and economic sanctions laws of Canada, the United States, and other relevant jurisdictions in connection with your use of the Application.

16. Governing Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of the Province of Ontario and the applicable federal laws of Canada, without regard to conflict of law provisions. You agree to submit to the exclusive jurisdiction of the courts of the Province of Ontario for the resolution of any disputes arising out of or relating to this Agreement or your use of the Application, subject to any consumer protection laws that provide you with mandatory rights or forums. For Quebec consumers, mandatory rights under Quebec law are preserved.

17. Entire Agreement

This Agreement, together with our Privacy Policy, constitutes the entire agreement between you and Fairknowe Inc. regarding your use of the Application and supersedes all prior agreements and understandings.

18. Contact Information

If you have questions about this Agreement, please contact us at:

Fairknowe Inc.
Email: support@fairknowe.com
Privacy: privacy@fairknowe.com
Website: https://www.fairknowe.com
Mailing address: Available upon request
Telephone number: Available upon request

By using GIFI Books, you acknowledge that you have read, understood, and agree to be bound by this End User License Agreement.