Tag: clearing vendor balance from customer account
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I have a vendor that I purchase from and who also purchases from me. How do I handle this barter transactions in QB online?
A barter transaction is one in which you buy products and services to a person (vendor) or company from whom you also sell other products and services (customer). Set up the bartering process in QBO: Open your vendor center and add the vendor to your vendor information screen with a “(V)” after the name. From…