Tracking & Reporting

Receive Monthly Statements

ACX acts as a third-party record keeper, just like a bank. Each month members receive a statement detailing recent transactions, current trade balance and any fees due.

Account for Trade Transactions

The member creates an additional bank account in their General Ledger to record all trade dollar transactions — when a sales occurs, the revenue account is credited and the trade bank account is debited. For purchases, the expense account is debited and the Trade Bank account is credited. The trade bank account will equal the balance on the statement at the end of the month.

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