Do You Barter? Trading Services between Customers and/or Vendors

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If you buy services or product from your customer – or if your vendors buy services or products from you, you might want to “trade” services instead of paying each other – especially in this economy.

Exchanging “credits” with each other is a good way to offset your cash flow without actually exchanging money.  You will, however, need to add a few new records to QuickBooks and do a few “special” transactions to make sure that all of your reports come out accurately.

This article provides you with detailed, step-by-step instructions for recording barter transactions in your QuickBooks company data file.

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