Events

Up to now, the main role of XBRL products has been limited to taxonomy design and creating electronic data. Because of this, users have been unable to e-ciently reuse and make full use of the inherent value in the data that had already beenconverted to XML.

Justsystems is planning a version of xfy XBRL Solution that will be an integrated XBRL solution. It incorporates high-level validation technology developed by XMetaL(R) Technology, and is based on the XBRL speci­cations and xfy. xfy XBRL Solution helps to more e-ciently and accurately produce ­financial data and associated documentation such as annual reports and application forms. Key functions include the ability to:

• Rapidly create ­financial data compatible with XBRL 2.0 and 2.1.
• Automatically generate ­financial data documents from instances and taxonomies and enable instantaneous conversion to XML applications.

xfy XBRL Solution is not limited to accounting systems. It can seamlessly integrate business systems that are prerequisites for driving the everyday tasks of businesses. For example, in an environment in which business systems (e.g., a workflow system, personnel system, or SCM system) are linked with an accounting system, xfy XBRL Solution can combine information from these systems to provide decision makers with a more complete analysis of investment opportunities and budgets.

Create accurate fi­nancial reports faster

Up to now, the main role of XBRL solutions has been to edit financial data for instances con­gured from taxonomies.
xfy XBRL Solution can automatically generate an instance view that matches a given taxonomy. xfy XBRL Solution provides user friendly operation similar to a word processing program,
not just a simple ­financial data entry form. It also provides an environment where data can be easily be added to a document whenever necessary.

As a result xfy XBRL Solution can create financial reports (e.g., annual reports) very quickly from the instance and taxonomy.

Create analysis materials easier

Combine multiple ­financial statements and create analysis materials easier. The document-like user interface for XBRL ­financial data enables various reports to be created faster and easier. For example, a user can reference and summarize the contents from various ­financial statements, and easily produce business analysis and performance reports such as ROE, ROA, and EVA, and multi-year pro­t/loss calculations. Based on such data, the business can produce reports with graphs comparing sales trends.

Includes comprehensive XBRL data management server functionality

xfy XBRL Solution provides a server environment, linked to a database, for managing and operating XBRL.

Repository

A repository enables management and changes to storage of schemas and linkbases con­guring a taxonomy and instances corresponding to a taxonomy.

Validation

With XMetaL Technology at the core, xfy XBRL Solution provides more extensions to the validation technology. You can validate taxonomies and instances based on the international standard speci­cations of XBRL CS*1, FRTA CS*2, and FRIS CS*3.

Versioning

With version management of taxonomies and instances, you can call up desired financial data at any time.

Document security management

Access to functionality can be customized to match your usage level. In addition, you can use XML encryption technology that can also limit access to all or part of an instance, taxonomy, or financial document.

Other features

Annotations can be added to ­financial data documents.

The history of diffierent user comments entered on a ­nancial report and information about the creator(s) can be managed.

Composite XML documents are easily created

By handling even XBRL documents as XML composite document, the following become possible:

• XBRL documents can be used and operated as part of other XML documents or XML forms.
• SVG (Scalable Vector Graphics) can be used for precise graphical representations. Also, when necessary, user-dened functionality can be added by using the XVCD script language.

Planned Support for XBRL Formula

Users will be able to freely de­ne analytical expressions, and share veri­cation know-how among users.