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Hierarchy Listing modules: COR CORE, US UK, EUR Europe, AS Asia BUS business, AUD internal check, MUC Multicurrency GL Schema Listing, XBRL.or accountingEntries documentInfoRoot for XBRL GL. No entry
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How to fill out xbrl general ledger
How to fill out xbrl general ledger
01
To fill out an XBRL general ledger, follow these steps:
02
Begin by opening the XBRL general ledger template in software that supports XBRL tagging.
03
Enter the company's name and identifier in the designated fields.
04
Fill in the period for which the general ledger is being prepared (e.g., monthly, quarterly, or annually).
05
Enter the account codes, descriptions, and values for each line item in the general ledger.
06
Ensure that the account codes follow the appropriate XBRL taxonomy for financial reporting.
07
Validate the XBRL general ledger against the taxonomy to ensure accuracy and compliance.
08
Save the completed XBRL general ledger file in the appropriate format (e.g., .xbrl).
09
Submit the XBRL general ledger to the relevant regulatory authorities or stakeholders, as required.
10
Review and update the XBRL general ledger regularly to reflect any changes in financial data or reporting requirements.
Who needs xbrl general ledger?
01
Various individuals, entities, and organizations may need an XBRL general ledger, including:
02
- Companies required to comply with XBRL reporting regulations imposed by regulatory authorities.
03
- Financial institutions and banks that use XBRL for data standardization and analysis.
04
- Investors and analysts who rely on XBRL data for financial analysis and decision-making.
05
- Auditors and accountants involved in auditing and preparing financial statements.
06
- Regulatory authorities and government agencies that rely on XBRL for monitoring and analysis of financial data.
07
- Industry associations and standardization bodies that promote the use of XBRL for reporting and analysis.
08
- Software providers and technology companies that develop XBRL tools and solutions.
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What is xbrl general ledger?
XBRL general ledger is a standardized electronic format for reporting financial information, which allows for easier analysis and comparison of financial data.
Who is required to file xbrl general ledger?
Companies and organizations that are required to submit financial reports to regulatory authorities may be required to file XBRL general ledger.
How to fill out xbrl general ledger?
To fill out XBRL general ledger, financial data must be tagged with XBRL tags using specific software or tools designed for XBRL reporting.
What is the purpose of xbrl general ledger?
The purpose of XBRL general ledger is to streamline financial reporting, improve accuracy, and facilitate easier data analysis by regulators, investors, and other stakeholders.
What information must be reported on xbrl general ledger?
Information such as balance sheet, income statement, cash flow statement, and other financial data must be reported on XBRL general ledger.
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