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Article: It's time for GL-enabled software.(XBRL GL)(Column)

Article from:
Strategic Finance
Article date:
February 1, 2007
Author:
Copyright

Those involved with the development of XBRL have worked for years to encourage the business reporting supply chain to move forward on XBRL GL together. Previous columns have discussed the benefits and advantages of XBRL GL to the user community.

I've explored the rationale behind adopting XBRL GL from many different perspectives: The benefits are compelling, the potential is incredible, and the need is crying out. Yet no major accounting software packages have implemented XBRL GL yet.

Accounting software vendors are almost unanimous in explaining why: Customers don't ask for it. I am not convinced by this statement. In particular, I'm not sure that ...

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