Ira Smilovitz writes:
>Rip reminded me that as long as the debt (for the annual
>fee) is paid with "value", the debt becomes a current
>expense. The club can pay its debts in units. It's simply a
>form of bartering. John Baxa buys an annual subscription to
>bivio for $59 and gives it to his club. The club, in turn,
>gives John Baxa $59 worth of units in the club.

BTW, we call this "Out of Pocket Expenses", and the following help
topic explains how to do this on bivio:

http://www.bivio.com/hp/out-of-pocket-expenses.html

Cheers,
Rob