Make recording transactions in accounting based on primary documents for payment of the contract sum on subscription:- the Debit account 60.2 "Calculations with suppliers and contractors", the account"Advances received", credit account 51 "Settlement account" paid the full annual subscription for the magazines;- debit account 68 "Settlements on taxes and duties", the account "Calculations on the VAT" the credit of account 76 "Calculations with different debtors and creditors", with/an account "VAT from the listed advances" - accounted for VAT on the advance.
Wait until you receive all copies of the magazine per year. After that, they need to capitalize, making in accounting records the following transactions: the Debit account 10 "Materials", the account "other materials" credit score 60.1 "accounts with suppliers and contractors" - credited of received logs;- debit of account 19 "VAT on purchased assets", credited to 60.2, the account "Prepayments" - considered the sum of value added tax invoiced for the magazines;- debit account 68 "Settlements on taxes and duties", the account "Calculations on the VAT", credit score 19 - claimed for deduction the amount of VAT.
Apply for credit payment under the contract for the subscription of transactions: Debit 60.1, account "accounts payable", credit score 60.2, the account "Prepayments" - produced by the offset of advance payment that is listed earlier according to the contract of subscription;- the debit of account 76, the account "VAT from the listed advances," the credit of account 68 "Settlements on taxes and duties", the account "Calculations on the VAT" - produced set-off VAT amount of payment under the contract.
Turn on the subscription price after the posting of all copies of the magazine to the other expenses related to production and implementation. Posting this entry would be: Debit of account 26 "General expenses", credit of account 10, account "other materials" - the cost of subscriptions to journals included in the expenses of the enterprise.
If your organization acquires the logs, unrelated to economic activity, the cost of the subscription is not included in the expenses when calculating the taxable base for tax on profit.