XBRL

"XBRL" latest version 1.1.1, developed by Webtel, is a comprehensive software solution specifically designed for the preparation and filing of annual reports in the XBRL format. This business software falls under the finances subcategory and provides various features to streamline the entire process.

The program file, named WXBRL.exe, is compact with a modest file size of just 10.2 MB. It supports multiple Windows operating systems, including Windows XP, 7, 10, and 11, ensuring broad compatibility across different systems. Previous versions such as 1.1, and 1.0 are also available for those who might need them.

One of the standout features is the automatic import of company master data through CIN, eliminating the need for time-consuming and error-prone re-entry. Users can easily download the software and benefit from importing balance sheets prepared in Excel directly into the program. This, coupled with simple data tagging through Tree View for both current and previous year financial data, makes the software highly efficient.

In addition, non-financial data tagging like auditor’s reports and directors’ reports is simplified. Built-in validations at entry level help prevent data entry errors, ensuring accuracy from the start. The software generates XBRL instance documents and includes automatic validation through the MCA Validation Tool. It also provides handy features for data backup and restoration and supports live updates.

Pros:

• Free to download
• Automatically imports data, minimizing manual entry
• Supports extensive validations to ensure data accuracy
• Easy tagging of financial and non-financial data

Cons:

• Only available for Windows operating systems
• Small learning curve due to multiple tagging options

Overall, XBRL version 1.1.1 by Webtel is a robust and efficient solution for businesses needing to prepare and file annual reports in XBRL format. Whether for tagging financial data or generating XBRL instance documents, this software covers all the necessary bases.

You may want to check out more software, such as Saral XBRL, Altova XMLSpy Enterprise Edition or Altova StyleVision Enterprise Edition, which might be related to XBRL.