Accountancy AI Disclaimer

THYNKR SYSTEMS LTD is a software company. LexSalim Accountant AI is a preparation and organisation tool. We are not an accountancy practice, a firm of chartered or certified accountants, a tax agent, a bookkeeping service or an auditor; we are not regulated or supervised by ICAEW, ACCA, CIMA, AAT, HMRC or any other accountancy or tax body; and we do not hold professional indemnity insurance for accountancy services. Using the Service does not create an accountant-client relationship. Review: confirm anti-money-laundering supervision position: the Service does not provide accountancy services by way of business, so AML supervision is not expected to apply; counsel to confirm

Summaries, schedules, categorisations, exception lists and working papers produced by the Service are drafts generated from the documents you provide. They are not accounting, tax, audit or financial advice and are not a substitute for a qualified accountant or tax adviser. Review every figure before relying on it, and obtain professional advice where the matter has tax or financial consequences.

The Service does not prepare or submit returns, accounts or filings to HM Revenue and Customs, Companies House, the Internal Revenue Service, the Canada Revenue Agency, any provincial or state authority, or any other body, and it is not Making Tax Digital compatible software. It does not hold client money and does not make payments. Your statutory obligations to keep records, file on time and pay what is due remain yours.

Assistance with UK VAT preparation is a planned capability, released after validation and labelled Planned until then. No US or Canadian tax feature is released. Until a jurisdiction feature is released, the Service works only from your documents and general knowledge and must not be treated as a statement of any tax rule or accounting standard. See AI Use and Limitations.

Optical character recognition and AI extraction can misread amounts, dates, VAT rates, currencies and parties, duplicate transactions or miss them. Every extracted figure carries a reference to the page it came from so that it can be checked against the source. Reconcile totals to source records before use.

If you use the Service in practice, you remain responsible for professional judgement, supervision, review and sign-off, for compliance with your professional body’s standards and ethics code, and for your own engagement terms with your clients. Output from the Service should be treated as the work of an unqualified assistant that you review. Review: confirm wording against ICAEW/ACCA guidance on technology use and outsourcing

The Service does not provide investment advice, arrange investments or carry on any activity regulated under the Financial Services and Markets Act 2000 or equivalent US or Canadian securities and financial-services law. Nothing in the Service is a recommendation about financial products.