Tag Archives: ormita

Hotel Palladio in Venice Italy on Barter

Hotel Palladio is located on the border of the Brenta Riviera, famous for its spectacular Palladian villas, along the road that connects Venice to Padova. The excellent position of the hotel allows you to quickly reach many tourist sites, such as Venice and its surrounding islands, Padova and Treviso. One of the main attractions in […]

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. […]

Korea Barter Services Joins Ormita

Ormita Commerce Network (ORMITA) announced jointly today that Korea Barter Services Limited has changed its name to Ormita Korea, effective 1st March 2012. The Seoul office location will allow Ormita to provide better service, support, sales and training in the heart of the ASEAN region, alongside its existing China and Hong Kong offices. “This announcement […]

Ormita Opens Malta Office

Ormita is happy to announce that it will open regional offices in Malta in the next month together with Mark Chetcuti and Ilina Filipova.

Media Available on Ormita

We have recently closed a deal with a large media network in the USA who is offering broadcast media on barter via Ormita. Depending on the media they can offer a large percentage on barter and a small amount on cash (unfortunately, the way they are structured they do require some cash as they […]

Tips and Tricks

One Way to Record Barter Transactions in Quickbooks

by King of the Wild Frontier

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 […]

Barter to Renovate a Home

by Bruce Kamm

There are many ways barter can be used to renovate or restore a home. You can use barter to purchase building materials and hire contractors. Many suppliers such as tile, carpet and stone companies have huge excess inventories or items that have gone unsold. They would welcome the opportunity to get full value for the […]

Barter as a Means to Collect Bad Debt

by Tyler

Most businesses suffer from the issue of bad debts (accounts receivable that will most likely remain uncollectible and will be written off). These debts appear as an expense on the company’s income statement, thus reducing net income and most companies make a bad debt allowance since it is unlikely that all of their debtors will pay them in full.

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Navigation

Hotel Palladio in Venice Italy on Barter

Ormita Opens in Singapore

Korea Barter Services Joins Ormita

Ormita Opens Malta Office

Media Available on Ormita

Tips and Tricks

One Way to Record Barter Transactions in Quickbooks

Barter to Renovate a Home

Barter as a Means to Collect Bad Debt

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