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XBRL GL, the standardized Global Ledger uses Master files, such as Chart of accounts, Customer, Vendor, Employee master file, Inventory master file Transaction reports, such as Journal entries Summary
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XBRL GL (General Ledger) form is a standardized format for representing financial information in a structured format.
Entities required to file financial information in a standardized format to regulatory bodies are required to file XBRL GL form.
To fill out XBRL GL form, financial information needs to be mapped to the standardized taxonomy and tagged according to the XBRL GL specifications.
The purpose of XBRL GL form is to streamline the reporting process and enhance the comparability and usability of financial information.
Financial information such as balance sheets, income statements, cash flow statements, and other relevant financial data must be reported on XBRL GL form.
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