Quickbooks features such as invoicing, billing, collections and statements is already one of the prime features in VirtualBarter software. The VB software enables an exchange to send statements to members, initiate batch processing to credit cards and checking accounts, and update member payments automatically with just a few clicks.

If you'd like to use QuickBooks to manage your business revenue, expenses and financials, integrating it with your exchange software wouldn't provide any additional benefit. Instead, simply connect it to your business checking account to download deposits and payments to Quickbooks.

Your bookkeeper, accountant or Quickbooks professional should be able to help you set up revenue and expense categories so that the batch process generated from the VirtualBarter software deposited to your checking account can be categorized as service fee revenue.

Did this answer your question?