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Terms of Service

Last updated: March 2026

1. Acceptance of Terms

By accessing or using Rocovit you agree to these terms. If you are using Rocovit on behalf of an accounting firm or organisation you represent that you have authority to bind that organisation to these terms. If you do not agree do not use the platform.

2. Description of Service

Rocovit is a financial statement production engine that enables accounting firms and audit practices to produce IFRS-compliant financial statements and compliance output packs from raw financial data. The platform is intended for use by qualified accounting professionals. Rocovit produces outputs to support the work of accounting professionals - it does not replace the professional judgement, review, and sign-off responsibilities of the accountant.

3. Account Registration

You must register an account to use Rocovit. You are responsible for maintaining the confidentiality of your login credentials and for all activity under your account. You must provide accurate registration information and keep it current. Notify us immediately at hello@rocovit.com if you suspect unauthorised access to your account.

4. Pricing and Payment

Bundle pricing

Rocovit is priced per preparation on a bundle basis. You purchase a bundle of preparations which must be used within the validity window associated with that bundle. Unused preparations expire at the end of the validity window and are not refunded.

Validity windows

Each bundle comes with a validity window of 60 to 180 days depending on the bundle size. The window begins on the date of purchase.

First free engagement

New accounts receive one free engagement with no payment required and no credit card needed. The free engagement includes all seven compliance output formats.

Payment

All payments are processed securely. Bundle prices are shown in your selected currency at fixed exchange rates. Final pricing is confirmed at checkout. All sales are final - we do not offer refunds on purchased bundles except where required by applicable law.

5. Acceptable Use

You may use Rocovit only for lawful purposes in connection with the professional accounting and financial statement preparation services your firm provides. You must not:

6. Data and Intellectual Property

Your data

All financial data you upload or connect to Rocovit remains your property and your clients' property. Rocovit does not claim ownership of any data you provide. We process your data solely to deliver the service.

Rocovit IP

The Rocovit platform, including its software, algorithms, schedule engine, output templates, and all associated intellectual property, is owned exclusively by Rocovit Limited. You receive a limited non-exclusive licence to use the platform for the duration of your active account.

Output ownership

Financial statements and compliance outputs generated through Rocovit using your client data belong to you and your clients. You are responsible for reviewing all outputs before delivery to clients or submission to any authority.

7. Professional Responsibility

Rocovit is a production tool. It automates the preparation workflow but does not replace the professional judgement of a qualified accountant. You are solely responsible for reviewing all outputs generated by Rocovit, verifying their accuracy against source data, and applying your professional judgement before signing off, delivering to clients, or submitting to any regulatory authority. Rocovit outputs should be treated as a draft produced by a competent assistant - not as a final signed document.

8. Confidentiality

Each party agrees to keep the other's confidential information secure and not to disclose it to third parties without consent. Rocovit treats all client financial data as strictly confidential. We implement technical and organisational measures to protect confidentiality as described in our Privacy Policy. You agree to maintain the confidentiality of any non-public information about Rocovit's platform, pricing, or technology that you access through your use of the service.

9. Availability and Downtime

Rocovit aims for maximum platform availability but does not guarantee uninterrupted access. We may perform maintenance that temporarily affects availability - we will provide advance notice where possible. We are not liable for losses resulting from temporary platform unavailability.

10. Limitation of Liability

To the maximum extent permitted by applicable law Rocovit's total liability to you for any claims arising from your use of the platform shall not exceed the total amount you paid to Rocovit in the 12 months preceding the claim. Rocovit is not liable for indirect, consequential, or incidental damages including lost profits, lost data, or business interruption. Nothing in these terms limits liability for fraud, wilful misconduct, or death or personal injury caused by negligence.

11. Indemnification

You agree to indemnify Rocovit against claims arising from your use of the platform in violation of these terms, your breach of any professional obligation, or your use of Rocovit outputs without appropriate review and sign-off.

12. Termination

Either party may terminate the account at any time. On termination your access to the platform ceases immediately. Your data remains available for export for 90 days following termination then is permanently deleted. Termination does not entitle you to a refund of unused bundle preparations except where required by applicable law.

13. Governing Law and Disputes

These terms are governed by the laws of Nigeria. For users in other jurisdictions local mandatory consumer protections apply to the extent required by law. Disputes should first be raised with us at hello@rocovit.com. We will attempt to resolve disputes informally within 30 days. If informal resolution fails disputes will be referred to arbitration in Lagos, Nigeria under applicable arbitration rules.

14. Changes to These Terms

We may update these terms from time to time. We will notify registered users by email at least 30 days before material changes take effect. Continued use of Rocovit after the effective date constitutes acceptance of the updated terms.

15. Contact

For questions about these terms: hello@rocovit.com. For privacy matters: privacy@rocovit.com.