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LETS's WEEKEND EAT! MILWAUKEE COMMUNITY JOURNALEDITIONVO L. X X X VIII NO.27 NOV. 19 2021 50 CENTSBULK RATE U.S. POSTAGE MILWAUKEE, WISCONSIN PERMIT 4668MACNCHEESE!YES, PLEASE! By Nicole Gamble (Nikki,

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What is lets?

LETS stands for Local Exchange Trading System. It is a locally initiated, democratically organized, not-for-profit community enterprise that provides a community information service and records transactions of members exchanging goods and services.

Who is required to file lets?

Individuals who are members of a LETS program and participate in exchanging goods and services within the community are required to file LETS transactions.

How to fill out lets?

To fill out LETS transactions, members need to record the details of the goods or services exchanged, the agreed-upon value or trade units, and the date of the transaction. This information can be recorded in the LETS system or on paper transaction slips.

What is the purpose of lets?

The purpose of LETS is to promote community building, support local economies, and facilitate the exchange of goods and services without the need for traditional currency.

What information must be reported on lets?

Members participating in LETS transactions must report details such as the goods or services exchanged, the value in trade units, and the date of the transaction.

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