I found a link to a site that offers free Quickbooks advice. It had this to say about recording a barter transaction. Recording of Barter ExchangesIf you have customers who are also vendors you may decide to trade some or all of your services / products in exchange for payment. To record such a barter […]
IRTA Adopts New Ethics and Conduct Code
At the International Reciprocal Trade Association annual convention a new, modernized code of ethics was adopted. The new Ethics Code contains important guidelines for barter exchange conduct on the relevant issues facing the barter industry today. The Ethics Code was the result of the hard work of the Ethics Code Revision Committee which consisted of Mike Mercier, IRTA […]
Ormita Engages $120M Barter for Equipment
Ormita Hong Kong has struck a deal with Alpha Dairies to trade $120M in equipment for raw materials to Pakistan. See attached image for the full story. Wow!
