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 is a Scam Says Dennis Smith
I received a tip from IRTA and then a very interesting email from a Dennis Smith regarding Ormita and Daniel Evans recently. For my readers that don’t know Daniel or Ormita, they are an exchange claimed to have had explosive international growth in their few years of business. From what I know of Daniel, he’s […]
A Prodigal Son Returns to the Trenches of the Barter Industry
Some of you know me well, most not so much. I have been contemplating a return to the barter industry as someone who works with, owns, or runs an exchange. I have said for a long time that I may or may not ever return to the trenches. After my last experience with a franchisor-turned-tyrant, […]
Federal Government Trying to Outlaw Barter Currencies?
From examiner.com: The Federal government is trying to establish bartering private currency of any type as an illegal enterprise in a false interpretation of the court’s recent conviction of Liberty Dollar’s owner Bernard Von NotHaus. In a case where the government used conspiracy and counterfeit charges against NotHaus to establish that he intended to mint […]
Brand Promotion for the Independent Barter Exchange
There is an interesting thing going on with some barter exchange management products. They think your exchange’s identity should take a back seat to their own. Software, any software, is created for you to license or subscribe to in order to use. Bill Gates doesn’t require that every letter you print and mail have “Created […]
