How Do you - Track Barter Transactions

Computers track your barter transactions, similar to any other credit tracking systems. Each business will have an account to which they charge their purchases and from which they credit any sales made. This is a normal account that you would have with any other firm, except it is held by the barter exchange.

At any time, your account can be in debit or credit and so you can use all the credits in your account for the purchase of any items required. Some exchanges allow members to secure a credit line, which enables them to purchase goods on their account, even if they are not in credit. In this case, the account will stand in debit until such times as sales are made, and those amounts are credited to the account.

Every member in the barter exchange is provided with a monthly statement summarising all transactions for the month, giving the balance of the account, as well as details of the trade dollar component that can still be used up.

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