1. Agreement

By creating an account or using Tallyroot ("the Service"), you agree to these Terms of Service and our Privacy Policy. If you do not agree, do not use the Service.

2. The Service

Tallyroot is a personal finance application operated by Németh Máté ev. (sole proprietor, Hungary). It allows you to track income and expenses, manage budgets, upload receipts for AI-powered parsing, track investments and net worth across currencies, and collaborate with others in shared workspaces.

Tallyroot is a record-keeping and reporting tool. It is not a broker, a bank, an investment adviser, or a tax adviser, and it does not execute trades or move money.

3. Accounts

You must provide a valid email address and a password of at least 8 characters.
You are responsible for keeping your login credentials secure.
You must be at least 16 years old to create an account.
One person may not maintain more than one account.

If you connect Interactive Brokers, you supply a Flex Web Service token and query id from your own IBKR account. That token is read-only by design: it can retrieve the reports your Flex query defines and nothing else, and it cannot trade, withdraw, or change your IBKR account. You are responsible for the scope of the query you configure and for revoking the token in IBKR's Client Portal if you no longer want us to fetch it. Your relationship with Interactive Brokers is governed by their terms, not ours.

4. Acceptable Use

You agree not to:

Use the Service for any illegal purpose.
Attempt to gain unauthorised access to other users' data or accounts.
Upload malicious files or content designed to exploit the Service.
Reverse-engineer, scrape, or interfere with the Service's operation.
Resell or redistribute the Service without written consent.

5. Your Data

You retain ownership of all data you enter into Tallyroot. We do not claim any intellectual property rights over your financial data, receipts, or other content. See our Privacy Policy for details on how your data is stored and processed.

6. Receipt Parsing & AI

When you upload a receipt, the image is sent to Anthropic's Claude AI for text extraction. Only the image content is shared — no account or financial data is included. AI-generated results (merchant name, amounts, line items) are best-effort and may contain errors. You are responsible for reviewing and correcting parsed data before using it in your budget.

7. Workspaces & Collaboration

Workspace owners can invite other users. Invited members can view and modify shared financial data within that workspace. Workspace owners are responsible for managing access and may remove members at any time.

8. Investment Data and Analytics

Tallyroot shows performance figures for your holdings, including gains, time-weighted return, internal rate of return, allocation drift, and forward projections. These are calculated from the data in your workspace and are provided for information only. They are not investment advice, not a recommendation to buy or sell anything, and not a forecast you should rely on. Decisions about your money are yours.

Prices and exchange rates come from third-party sources, including Yahoo Finance, the European Central Bank, and TwelveData. We do not control those sources and do not guarantee that a price is accurate, current, or available. Prices may be delayed, missing, or wrong, and some currencies and instruments have no reliable source at all. Do not rely on figures in Tallyroot for trading decisions or for anything that requires an authoritative valuation. Your broker's own statements remain the authoritative record of what you hold.

9. No Tax, Legal, or Financial Advice

Tallyroot does not give tax, legal, or financial advice. Every figure it shows is an informational summary of the data in your workspace and the market and exchange-rate data it uses, and it is only as complete and accurate as that data. No figure in the Service is a determination of what you owe or may deduct, or a recommendation about what to do with your money. Verify anything that matters against your bank's and broker's statements and current law, and consult a qualified professional before filing a return or making a financial decision.

10. Availability & Warranties

The Service is provided "as is" without warranty of any kind. We do not guarantee that the Service will be available at all times, error-free, or that your data will never be lost. This includes the broker sync: a scheduled sync can fail, be delayed, or return incomplete data for reasons outside our control, so a quiet sync is not evidence that nothing happened in your account. While we take reasonable measures to protect your data (see our Privacy Policy), you are encouraged to export your data regularly.

11. Limitation of Liability

To the maximum extent permitted by law, Németh Máté ev. shall not be liable for any indirect, incidental, special, or consequential damages arising from your use of the Service. This includes, but is not limited to, loss of data, loss of profits, or financial decisions made based on information provided by the Service.

12. Account Termination

You may have your account deleted at any time by emailing [email protected]. Deletion is permanent and irreversible.
We reserve the right to suspend or terminate accounts that violate these Terms.
Upon termination, all your data will be permanently deleted, including any stored broker credentials.

13. Changes to These Terms

We may update these Terms from time to time. Changes will be posted on this page with an updated "Last updated" date. Continued use of the Service after changes constitutes acceptance of the new Terms.

14. Governing Law

These Terms are governed by the laws of Hungary. Any disputes will be resolved in the courts of Hungary.

15. Contact

Németh Máté ev.
Email: [email protected]