Dear Experts
as all of u know mandatory fiing of bs,P&L in xbrl format.. any one give me details of how to convert financial statements to xbrl format. all useful links, free softwares
Hi There,
MCA Taxonomy and XBRL Instance Document
MCA has provided the Taxonomy which forms the basis for tagging financial and business information in XBRL. This Taxonomy is an electronic classification system of tags defining thousands of business reporting concepts (including Text) and their relationships.
XBRL Instance Document is the end result of how a preparer creates XBRL data. It contains report information typically complied from internal ERP or Financial reporting systems that have been marked up or tagged in XBRL.
XBRL Software is not available in free of cost. You must have to pay for this and you can get affordable price of XBRL from here: https://www.mca.gov.in/XBRL/pdf/KDK_Softwares_%28I%29_Pvt_Ltd.pdf
karthikeyan
(XBRL Software Consultant)
(37 Points)
Replied 08 May 2012
Hi Every Body This is KarthiKeyan.K From XBRL SOLUTIONS from Chennai. We are Converting 23AC and 23 ACA for absolutely free. 0 Rupees. if any one want any help in XBRL Conversion kindly Contact us NAME: KARTHIKEYAN.K EMAIL:GLOBALXBRLSOLUTIONS @ GMAIL.COM MOBILE: 9962038376 9092080955
Madan
(E-Commerce Manager)
(22 Points)
Replied 19 July 2012
As far as I know there are no free XBRL software available in the market. But you can try the Self-service tool offered by DataTracks. Through this Self-service, users can upload their financial statements in Microsoft Word format; invoke the taxonomy and set up XBRL tags for every line item and extract the financial statement in XBRL format for a price of Rs 1000 /- per entity for the first two entities. DataTracks has a track record in the XBRL in both US and UK geographies. DataTracks is a reliable service provider for cost-effectively XBRL services in India.
Aakar Verma
(CA)
(46 Points)
Replied 05 December 2012
A Scheme on XBRL Filing Software till Before XBRL Filing due date of 2012. File your TDS, RoC, XBRL Returns in Just 9999*
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India