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 […]
Ormita Opens in Singapore
Hong Kong. (May 15, 2012): Ormita, the world’s largest multilateral barter exchange trading system, reached an agreement to establish a new office in the Republic of Singapore, on 15th May 2012. The new office will help to solidify the company’s existing Hong Kong, China and South Korea offices and will be led by Angela Sim. […]
Southern Barter Club Acquires Liberty Trade Exchange
Southern Barter Club has recently acquired Liberty Trade Exchange in Greenville and Spartenburg South Carolina. SBC Members can now do business in these expanded territories and wide variety of goods/services.
IRTA Says Barter Gives Relief to Depressed World Currencies
The current global recession has placed enormous financial pressure on every business sector, every level of government and virtually every individual on the planet. The prolonged economic downturn has tested peoples’ confidence in once-respected financial institutions and government-managed monetary systems. The recent proliferation of barter exchanges, community currency systems, online barter sites, government sponsored trade […]
IMS Launches Phone App
International Monetary Systems today announced that it has released a new iPhone app in the iTunes App Store. Paul Woltman, International Monetary Systems’ IT manager, commented, “The IMS Barter Mobile app currently allows access to many of the IMS Barter web functions on your iPhone or iPod touch. Other mobile platforms will follow in the future. […]