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Article: A little XBRL GL today ...(XBRL)
- Article from:
- Strategic Finance
- Article date:
- February 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 Institute of Management Accountants. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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How do you build a big snowball? You start with a small snowball and get it rolling. In companies everywhere, working with a single snowball today--XBRL Global Ledger (XBRL GL)--can mean forestalling a blizzard of formats tomorrow.
The snowball metaphor is often used to describe the representational power of XBRL GL because it's a good illustration of XBRL GL's ability to represent each document or transaction as it flows through an entity's information systems and is augmented by other transactions and events until the result eventually ends up in an end report. An order, for example, becomes one or more invoices. Each of those is related to one or more bills of ...
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Article: Breathing new life into old systems with ...
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... ... turned to a radically new technology--XBRL-GL. It was the world's first installation ... Reporting Language for General Ledger (XBRL-GL), the Journal Taxonomy. The purpose of XBRL-GL, the Journal Taxonomy is to supply a framework ...
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