Annual accounts to the Chamber of Commerce are submitted in the XBRL format, a digital format for exchanging financial information. This format is not easy to read for people and this information is often checked manually.
Save on your accountant costs
With this validation solution it is possible to have the annual accounts automatically checked for errors and missing information. In addition, the XBRL file is converted to Word, so that it can be distributed internally and adapted to your own company style. Here are the steps to get this done:
Use this solution and only use the accountant for the most essential matters. Soon there will also be the option to create an XBRL annual account file via an Excel file.
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