At present, the cover of the temporary insufficiency of circulating means by the agricultural households usually occurs in two ways: the first - the contracting of the credits from the licensed banks, and the second - the contracting of the loans from other enterprises or natural persons. The economic and accounting aspects of credit contracting are well known to all users and do not cause uncertainties in the actions of accountants. However, the costs associated with obtaining them are significant and are associated with many difficulties, risks and challenges. While the costs of servicing the loans are much lower or even null, and their contracting requires a minimum number of special documents and conditions. At the same time, borrowings with fungible assets (seeds, feed, biological raw materials, etc.) are increasingly important in the composition of the loans. Unfortunately, accounting and, above all, their taxation are confronted with a number of problems that are conditioned, on the one hand, by the imperfection of legislative and normative acts and, on the other hand, by the modest intake of local researchers. The gap in question can be complemented by this study where for the first time in the country an optimal, original and exhaustive way of accounting and taxation of loans received in kind in the agrarian sector of the national economy is exposed.