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 […]
Ancient Barter Problems, Modern Barter Solutions
I read an article on the history of barter which included a list of ancient barter problems including: Barter has many difficulties which are briefly described below: 1. Lack of Double Coincidence of Wants: In order for act of barter to take place, it is necessary that the persons with matching requirements are brought together. […]