Trade Business Exchange

  • Home
  • On-Line Store
  • Contact
  • Log In
  • Post a Sale
  • Learn More
    • How TBE Works >
      • How to Open Your On-Line Store
      • Buying
    • About
    • $100 Cash Bonus
    • Subscribe Me!
    • Media C2C Program
    • TBE Mobile APP
  • Home
  • On-Line Store
  • Contact
  • Log In
  • Post a Sale
  • Learn More
    • How TBE Works >
      • How to Open Your On-Line Store
      • Buying
    • About
    • $100 Cash Bonus
    • Subscribe Me!
    • Media C2C Program
    • TBE Mobile APP

accounting for trnsactions

Learn More

Buying

Selling

What Can I Buy?

Reporting & Tracking



Detailed Reporting and Tracking Made Easy

Picture
Reporting & Tracking Tracking your TBE account is no different than your bank account.

TBE acts as a third-party record keeper, just like a bank. Each month you receive a statement detailing recent transactions, current balance and any fees due. All transactions are recorded pursuant to trading procedures, policies, rules and regulations of TBE and the CRA.

In accordance with Generally Accepted Accounting Principles (GAAP), you record all transactions at fair market value. You simply create an additional bank account in your General Ledger to record all TBE dollar transactions. Similar to a cash sale, when a sale occurs, the revenue account is credited and the TBE account is debited. When purchases occur, the asset, or expense, account is debited and the TBE account is credited. The TBE ledger will equal the balance of your TBE statement at the end of the month.


Join Today

Clear and Concise Monthly Statement Easily Integrates Into Your Financial Reporting

Picture

About
​


Privacy Policy
Terms and Conditions
Licensee Opportunities

How It Works


Trade What You've Got
Learn More
Selling
​Membership

TBE Tools
​


Accounting For Transactions
FAQ's
Contact Us
Jobs

Members
​


My Store
​Sign In
​

Marketplace 

Follow Us
​


Picture

 © TBE, OKTrade.ca all rights reserved   I    3-30 Capstan Gt. Concord (Toronto) Canada   I   1.866.658.7233   I    admin@oktrade.ca