XBRL

Simplify XBRL financial statement generation and filing.

by SAG Infotech · Financial Reporting

Executive Summary

SAG Infotech's Gen XBRL Software is designed to assist professionals like Company Secretaries and Chartered Accountants in preparing and filing financial statements in XBRL format. It supports both Accounting Standards (AS) and Indian Accounting Standards (IND AS) taxonomies, ensuring compliance with regulatory requirements. The software aims to streamline the complex process of XBRL conversion and filing, reducing manual effort and potential errors. Key features include the creation of XML instance documents, direct XML validation, and preparation of balance sheets. It also handles cost audit reports and various compliance reports, converting them efficiently into XBRL format. The software is user-friendly and integrates with the MCA V3 portal for seamless e-filing. SAG Infotech offers a free trial and provides regular updates to ensure the software remains compliant with the latest regulatory changes, including those related to MCA V3 forms and API-driven filing mechanisms. It's positioned as a tool to make statutory compliance easy and hassle-free for tax and GST professionals.

Use Cases

  • Filing financial statements in XBRL format (AS & IND AS)
  • Converting cost audit reports to XBRL
  • Preparing and validating balance sheets in XBRL
  • Ensuring compliance with MCA V3 e-filing requirements
  • Streamlining statutory compliance for Company Secretaries and Chartered Accountants

Features

Visibility

  • User-Friendly Interface: Provides an intuitive interface for easy navigation and efficient preparation of XBRL documents.
  • Balance Sheet Preparation: Assists in the preparation of balance sheets in compliance with accounting standards.

Intelligence

  • Direct XML Validation: Automatically validates generated XML files against XBRL taxonomies to ensure accuracy and compliance.
  • AI-Powered Data Import: Automates the import of financial data, reducing manual entry and speeding up the XBRL conversion process. (Inferred from ROC software features)

Support

  • Regular Updates: Receives timely updates to ensure compliance with the latest regulatory changes and MCA V3 portal requirements.
  • FAQ & Support: Access to frequently asked questions and support resources to resolve queries related to the software.

Technical Specifications

Deployment
On-Premise
API Available
Yes

Integrations

  • MCA V3 Portal

Pricing

Model
Perpetual License with Annual Update Fee
Starting Price
INR 10,000
Target Customer
SMB,Mid-Market
Contract Type
Perpetual (with Annual Update)
Free Trial
Yes

About SAG Infotech

SAG Infotech Private Limited is a software development company that provides tax filing software solutions for chartered accountants, company secretaries, and tax professionals. Founded in 1999, the company serves over 50K clients across India, aiming to make compliance easy and hassle-free.

Founded: 1999 · Headquarters: Jaipur, India · Private