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 […]
BizX on The State of Barter in Dubai
The National in Abu Dhabi featured a barter related article today relating the tale of the growth of BizX, a Seattle based company, in Dubai and the surrounding area. Bob Bagga is the chief executive of BizXchange (www.bizx.com), an organisation that mediated more than US$100 million (Dh367m) worth of transactions last year. He says that […]
Time Banking Arrives in the United Arab Emirates
Time banking has made it’s way across the world to the United Arab Emirates. The new time bank, timedirham.ae, is operating on the same principles traditional time banks operate: “The idea is really fresh out here in the GCC,” says Shymaa Binbrek, Co-Founder of the Time Dirham and an Emirati living in Dubai. “People from […]
