FAQ

You have questions? We have answers!

How will SabreTEC benefit my business?
  • SabreTEC helps your business conserve cash, generate new local business & utilize excess inventory.
How will SabreTEC benefit my business?
  • SabreTEC helps your business conserve cash, generate new local business & utilize excess inventory.
Do I have to buy from the same company I sell to?
  • No, you can use the credit earned (Trade$) to buy from any member on our exchange.
How will I know what is available to buy on the exchange?
  • Members can access company listings via our online directory.
  • Your trade broker will help you locate products and services that benefit you and your business.
  • We issue weekly emails “Trade Flashes” highlighting special promotions.
How are new members selected on SabreTEC?
  • We carefully select quality local companies; owners with a solid reputation and a positive/creative mind set.
What about pricing?
  • Everything on our exchange is bought and sold at “regular pricing”, equal to regular cash pricing.
How will I be marketed through the SabreTEC system?
  • Trade brokers will actively promote your business to members on our exchange.
  • Your company will be listed in SabreTEC’s online directory.
  • Promotions by members are highlighted in “Trade Flashes”, an email that goes directly to all our members.
  • SabreTEC sponsored events, parties, and client showcase mixers throughout the year.
  • Members tell others in the cash market about you and your business.
Is SabreTEC easy to use?
  • Absolutely, SabreTEC is simple to use and very effective!
  • Our trade brokers are a tremendous asset for creating smooth transactions & assisting you as needed.
  • Trading on SabreTEC becomes second nature.
How does Revenue Canada treat barter transactions?
  • For income tax purposes, Revenue Canada treats Barter (Trade$) equal to Canadian currency transactions, identical to the Cash$ market.
  • Barter sales are reported as revenue on your company’s tax return.
  • Barter business purchases are reported as an expense.
  • Revenue Canada recognizes SabreTEC as a third-party record keeper for barter transactions.
  • SabreTEC issues monthly statements to reflect all barter transactions.
How does Revenue Canada treat barter transactions?
  • For income tax purposes, Revenue Canada treats Barter (Trade$) equal to Canadian currency transactions, identical to the Cash$ market.
  • Barter sales are reported as revenue on your company’s tax return.
  • Barter business purchases are reported as an expense.
  • Revenue Canada recognizes SabreTEC as a third-party record keeper for barter transactions.
  • SabreTEC issues monthly statements to reflect all barter transactions.
Are there tax advantages to SabreTEC?
  • There are no tax advantages or disadvantages to SabreTEC barter, with all income and expenses treated the same as cash.
  • SabreTEC barter is a unique marketing advantage and not a tax tool.
Is the accounting easy?
  • Most definitely, report barter income as revenue received.
  • Separate business expenses from personal purchases on your monthly SabreTEC statement.
  • Record the business expenses and declare personal purchases as a taxable benefit at year end.
What about G.S.T.?
  • GST is received in Trade$ and paid out in Trade$
  • GST Trade$ is reported quarterly, along with your standard Cash$ GST transactions.
Can I barter for personal use?
  • Yes, SabreTEC is an excellent way to stretch your personal budget.
Can I pay my employees with barter?
  • SabreTEC Trade$ and gift certificates are commonly used for staff bonuses and incentives.
How many members have been on the exchange 15+ years?
  • Over 75 companies
What are the costs?
  • $295 membership
  • 7.5% fee on every purchase and sale
  • $35 service fee (monthly)
  • No renewal fee