ITEX of Minnesota release a demo style video of ITEX on YouTube. Check it out.
In a short and semi-amusing new YouTube video, some students approach the workers in a gas station to barter a chicken for a tank of gas. The employees decline.
I ran across this interview with Don Mardak of International Monetary Systems. He does a great job of explaining barter and its appropriate uses. Check it out.
In my daily scouring of the Internet for barter related news, I often run in to articles written in major publications and on popular websites that describe a post-apocalyptic reality based around direct barter scenarios. YouTube is a great repository of such stories, with wild-eyed survivalists encouraging the masses to invest in the three G’s […]
I found this YouTube video about a man who traded a broken down moped for a nice banjo. Both parties in the deal were happy.
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 […]
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 […]
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.