You’ll often hear us referring to trade credits as a way of “paying differently.”
For businesses integrating corporate trade into their operations, there are a number of ways to account for trade credits.
Accounting principles for corporate trade have existed for decades. Most recently, in 1993, the FASB reviewed the various possible corporate trade transaction scenarios and issued guidance that clarifies trade-related accounting practices. Those guidelines remain in place today.
Rely on Active for accounting insight.
Delivering value with every trade is the foundation of our business. Part of that value is our intimate knowledge of trade-related accounting regulations, guidelines and practices. Add our extensive experience in working with Fortune 1000 companies and you can count on Active International to assist you in every way. After all, it’s been our business for almost 30 years.