Forbes has always been at the forefront of XBRL development in the UK, starting work on our class library in December 2003.
Our Final accounts production package was the first package to successfully file XBRL accounts with Companies House back in 2005.
ProTax, our CT package, the only package to send XBRL CT computations to the HMRC prior to the introduction of iXBRL.
On the 12th November 2009. Forbes was the first product to be recognised for iXBRL accounts and computations and is ready for live filing.
We now have :-
What are XBRL and iXBRL
XBRL is a format for accounts and other financial data such as CT computations that is designed to be readable both by humans and computers.
The human readable display contains hidden markers so that it can be understood by a computer program.
With this tagging information software can look at the final accounts and identify say the turnover or he cost of sales.
In traditional XBRL the rendering of this data is done in a uniform but inflexible way by something called a stylesheet.
In inline XBRL or iXBRL, the rendering for a human to read is done in HTML and then the XBRL tags are embedded in it.
XBRL at companies house
Forbes Accounts has supported XBRL filing at CH since 2005