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 […]
Seventeen Year Old Takes Two Years, Trades Cell Phone to Porsche
In a two year barter experiment, Steven Ortiz, 17, traded an old cell phone and kept trading and trading until at the end he manouvered his way in to a Porsche Boxter. According to the original ABC report, ” But all this took a lot of time and effort. “A lot of my friends are […]
Man Attempts to Barter iPod Touch and Marijuana for an iPad
Craigslist has long been a bastion for strange things to trade for, but this is one for the history books. A man in Gilbert, Arizona attempted to trade a used iPod Touch AND a quarter pound of weed for a 32 Gb iPad. Police moved in for the arrest, as you can imagine. Check out […]
Craigslist sees 10% increase in barter ads in 2009
According to the New York Times, Craisgslist CEO Jim Buckmaster indicated that the site sees over 200,000 new barter listings per day and has had a 10% increase since February of 2009, and a 100% increase since 2008. He explained that the “stupendous” growth rate had cooled along with the worst of the economic crisis. […]
Battle of the Internet Barter Web Sites, Part 3
On January 15th I published a story as part 2 of an experiment to trade a brand new computer and some furniture to anyone that wanted it. I posted the items on Craigslist, U-Exchange, BarterQuest, SwapTree, and PayMeWithAChicken. I used the same descriptions, the same pictures, even in the video I tried to post to […]
