Quicken & Other Budget/Accounting Software/Experts

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2013-04-26 Barter:

The barter account should be zero.   I'm unclear why you are making journal entries to   the barter account that are not the exact same amount.     If you have to pay more or less because of an exchange

2013-04-26 Realized Gain / Loss:

No, Realized gains are permanent increases or reductions in the amount of the  payable or receivable. This happens because the exchange rate on the date the   payable or receivable was created was different

2013-04-25 Barter:

Debit Barter $64453.69  Credit Accounts receivable $64453.69  (Company A)    Debit Accounts payable $64453.69   (Company A)   Credit Barter $64453.69    You should then be able to write a check to Company

2013-04-24 Barter:

Hi Farida    You should only create BARTER journal entries to accounts receivable and   accounts payable for the amount of the BARTER    Any remaining amounts payable or receivable need to be collected

2013-04-23 Sales Receipt:

Create an item in QB   Lists > item > add new > name is trade ins   type - non inventory      category = Select a cost of goods sold account called trade in purchases    Enter on the sales receipt for

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