Knowledgebase: vBarter FAQ's
How To - Set-up initial member account balances that member's had in current software?
Posted by Bruce Kamm on December 31 2009 07:45 PM

Q: How do I set-up initial member account balances that the member's had in our current software?

A: To transfer existing member account balances from your current software when moving your exchange to vBarter, you will want to use the Transfer Trade option in

First, add all the member accounts by clicking Join on your home page of your vBarter enabled site ( Be sure to add an Operating or Transfer account for your exchange and then give the account a large credit line.
Use the Transfer Trade option at to transfer trade from the Operating or Transfer account to each member's account (for positive trade balances) or from a member's account to your Operating or Transfer account (for negative trade balances).
NOTE: Transfer Trade should only be used to establish initial trade balances or to transfer trade between two accounts that have the same EIN or Social Security number, as Transfer Trade does not count the transaction as an actual sale, does not include it in the member's 1099b for tax reporting, and does not generate transaction fees. 
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