"XBRL opens up possiblities for financial statement analysis and consolidation.
Infact XBRL views and reports can be used to collate data and information from various resources.
In some of my earlier posts, I had discussed the basic concepts of XBRL and how taxonomies work in XBRL.
The process of consolidation of financial statements can be a cumbersome and tiring process. Well, help is on the way.
With XBRL GL Journal taxonomies, data found in sub-ledgers and in general ledger can be consolidated, aggregated and filtered according to the needs of the organization.
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