NEW BERLIN, WI-(Marketwire - December 6, 2010) - International Monetary Systems, Ltd. (OTCBB:ITNM), a worldwide leader in business-to-business barter services, today announced the kick-off of its first Cyber Holiday Season, entitled “The Twelve Days of Christmas.” John Strabley, Executive Vice President of International Monetary Systems, said, “This new online program, which was made possible through […]
NEW BERLIN, Wis., Oct 14, 2010 (GlobeNewswire via COMTEX) — International Monetary Systems, Ltd. /quotes/comstock/11k!itnm (ITNM 0.85, 0.00, 0.00%) , a worldwide leader in business-to-business barter services, today announced the kick-off of its upcoming holiday expo season where the barter network’s members across the country shop for holiday gifts, year-end business needs and winter travel […]
AZCentral.com posted a story yesterday outlining the plan of many business owners to provide barter bonuses this year instead of cash bonuses. In the current business climate, barter bonuses aren’t just convenient and fun like yesteryear, but a very real necessity. According to one Arizona Trade Exchange member who was interviewed, “Last year, one employee […]
Fox News in Chattanooga picked up Lily Fu’s story about bartering for Christmas. See the reproduction at http://www.myfoxchattanooga.com/dpp/money/dpgo-barter-for-your-holiday-gifts-lwf-200912081260320310757
I found a link to a site that offers free Quickbooks advice. It had this to say about recording a barter transaction. Recording of Barter ExchangesIf you have customers who are also vendors you may decide to trade some or all of your services / products in exchange for payment. To record such a barter […]
There are many ways barter can be used to renovate or restore a home. You can use barter to purchase building materials and hire contractors. Many suppliers such as tile, carpet and stone companies have huge excess inventories or items that have gone unsold. They would welcome the opportunity to get full value for the […]
Most businesses suffer from the issue of bad debts (accounts receivable that will most likely remain uncollectible and will be written off). These debts appear as an expense on the company’s income statement, thus reducing net income and most companies make a bad debt allowance since it is unlikely that all of their debtors will pay them in full. (more…)