Financial reporting software

We make XBRL reporting simple

A secure, cloud-based solution for XBRL compliance. Choose the desired reporting format and the degree of collaboration without compromising the quality of your final report. The ParsePort platform lets you convert, review, and validate any xHTML, XBRL, or iXBRL report using the latest taxonomies.

Minimal workflow impact

Our processes are meant to be easy and effective while minimising your workload.

Automatic taxonomy updating and remapping

We do the complex mapping and tagging work of your report for you!

Cloud-based service

Gain flexibility and avoid tedious tasks such as installing local software, worrying about updates, or maintaining servers.

XBRL-certified review and consumption software

Our Inspector tool has been certified as Review and Consumption software by XBRL International.

One platform - multiple solutions

ESEF regulatory disclosure solutions for your needs.

Publicly listed companies on EU regulated markets are required to use ESEF when filing their annual financial reports.

The format has been mandated by the ESMA as part of the Transparency Directive. This means that issuers are required to produce their annual financial report in iXBRL, which makes it both human- and machine-readable.

Convert to ESEF

Convert and inspect your financial report to iXBRL using the most recent ESEF taxonomy.

  • Mapping and tagging done by experts using best practices
  • Access to the latest ESEF taxonomy
  • Always room for last minute changes
  • No prior XBRL knowledge is necessary

Inspect your ESEF files

View and validate the technical core of your iXBRL files using all-in-one validation tool.

  • Quick and easy location of errors/issues
  • Compare different versions of your ESEF files
  • Review validation reports, fact lists and linkbases

UKSEF compliance for your needs

UKSEF refers to the single electronic format released by the UK, which is a variant of ESEF.

The UKSEF taxonomy is an expansion of the ESEF taxonomy and is aligned with the FCA and Companies House filing requirements.

It requires main-market listed companies to tag their financial information following the UKSEF taxonomy.

Convert to UKSEF

Prepare your financial report in iXBRL using the most recent UKSEF taxonomy.
  • Access to best-practice tagging done by experts
  • No XBRL experience is necessary
  • Unlimited conversions until the last minute
  • Always up-to-date taxonomy

Inspect your UKSEF files

Review and check the technical internals of any UKSEF files quickly and easily.

  • Review the technical and visual parts of your report together
  • Identify and highlight errors with the push of a button
  • Compare and review changes in different versions of your iXBRL files

Regulatory conformity for local GAAP reporting

Local GAAP means Generally Accepted Accounting Principles applicable.

Which in essence is a combination of accounting principles, standards, and procedures that companies must follow when compiling their financial statements in different countries.

Convert to XBRL using local GAAP

Use local GAAP standards to convert and inspect your financial information into XBRL format.

  • Expert mapping and tagging utilising industry best practices
  • Last-minute revisions are always possible
  • No previous XBRL experience is required
  • Access to a number of local GAAP taxonomies – DK GAAP, NL GAAP, IT GAAP.

Inspect XBRL files against local GAAP taxonomies

View and validate the technical parts of any XBRL files.

  • Locate potential blocking errors quickly and easily
  • Compare distinct XBRL file versions to spot changes
  • Examine validation reports, fact lists, and link databases.

EBA XBRL solutions for your reporting needs

XBRL reporting for banking institutions, investment firms and other financial institutions operating within the EU banking market.

For institutions subject to the European Banking Authority’s laws and regulations.

Convert to XBRL using EBA standards

Use CRD IV standards to prepare and check your financial data into XBRL format.

  • Access to excel templates with fixed schemas for all EBA scenarios
  • Mapping and tagging performed by our experts applying best practises
  • XBRL knowledge is not required

EIOPA XBRL solutions for your reporting needs

EIOPA is an acronym that stands for European Insurance and Occupational Pensions Authority.

It is a financial regulatory entity at the core of insurance and pensions supervision, with the primary mission of ensuring market openness and financial product transparency in Europe.

EIOPA employs the Solvency II risk-based capital regulation, which imposes strong reporting and transparency requirements on insurers.

Convert to XBRL using EIOPA standards

Prepare and validate your financial data in XBRL format using Solvency II requirements.

  • Mapping and tagging done by experts using best practices
  • Access to excel templates with preset schemas for all EIOPA instances
  • Prior XBRL knowledge is not required

xHTML solutions for your needs

When reporting financial data to local OAMs, certain EU member states mandate public companies copanies with non-consolidated financial statements to use xHTML format.

Convert to xHTML

Convert and inspect your stand-alone accounts to xHTML.

  • Quick and easy process
  • No workflow impact
  • Always room for last minute changes

Inspect an xHTML file

Technical xHTML review and validation.

  • Review of the visual appearance of the report
  • xHTML validation with technical standards

Start your ESG journey with us!

Be among the first to convert, review, and submit your sustainability data in ESG format utilising CSRD standards, and comply with EU sustainability rules.

Give stakeholders and investors an insight into your company’s objectives, achievements, and impact on the environment, society, and corporate governance.

Sign up to convert to ESG format with ParsePort’s XBRL Converter

Are you interested in multiple taxonomies?

Why choose ParsePort

Our software is delivered as a cloud-based platform, where you get access to cutting-edge XBRL conversion and validation tools. We guarantee 24/7 operational support and the highest level of security, where no data is stored!
Our platform is designed to have a minimal impact on your workflow and a collaborative touch. Keep using the tools and processes you already have, and let us take care of the technical details.
Our software supports the conversion and validation of xHTML, XBRL, and iXBRL reports using ESEF, CRD IV, Solvency II, and local GAAP. Whether you need to convert, review, or audit XBRL-based reports, we’ve got the right solution for your reporting needs.
Since 2011, we have assisted over 50,000+ companies and have prepared thousands of xHTML and XBRL reports. Our customers come in different sizes from a wide variety of industries from all over Europe.
0 +
years of experience
with XBRL reporting
0 +
customers from
all over Europe
0 +
XBRL experts
within ParsePort
0 +
nationalities work
at ParsePort

iXBRL tagging for UK HRMC

iXBRL was first introduced in the UK in 2010 by Her Majesty's Revenue & Customs (HMRC) and Companies House.

It’s now mandatory in Ireland and the UK for all businesses to use iXBRL when submitting their company tax returns, including accounts and computations with HMRC and Irish Revenue.

Accounts or computations in PDF format are no longer permitted for most companies. Please refer to the UK government’s XBRL guide for UK businesses for more information regarding rules and regulations.

After converting a financial report to an iXBRL accounts format, iXBRL tagging is the process of marking up your financial data with tags that identify the information contained within it using iXBRL tagging software. This makes financial data readable by machines and human beings, making it easier to process and analyze. iXBRL reports can be viewed by any internet browser.

The iXBRL conversion and iXBRL tagging processes can be completed either manually or with certified software such as that automates the conversion and tagging process for you. This makes it easier and faster for your organization to create fully compliant and correctly tagged financial reports.

The difference between ­iXBRL for HMRC and iXBRL for ESEF

The iXBRL format is required for both HMRC and ESEF reporting. However, iXBRL reporting for submission to HMRC is distinct and separate from iXBRL for ESEF.

iXBRL for HMRC

  1. HMRC refers to the UK GAAP taxonomy where businesses in the UK are required to submit financial statements in iXBRL format to HMRC as part of their Corporation Tax return.
  2. A single iXBRL-format file is required by HMRC. Custom elements are not permitted.
  3. iXBRL reporting to HMRC is a requirement for all businesses in the UK, from small to large.

iXBRL for UKSEF

  1. ESEF is a new and distinct taxonomy based on the IFRS taxonomy, which in the United Kingdom is known as UKSEF. In the UK, the Financial Conduct Authority (FCA) is responsible for adopting ESEF and establishing any UK-specific regulations. The FCA has collaborated with Companies House and HMRC to develop an UKSEF taxonomy that enables the filing of ESEF-tagged accounts to the FCA’s national storage mechanism.
  2. ESEF requires the tagging of financial information such as the Income Statement, Balance Sheet, Cashflow statement and Statement of Changes in Equity (SOCIE), including (foot)notes. Custom elements are permitted in an ESEF report and must be anchored to existing elements in the taxonomy.
  3. ESEF solely applies to main-market listed companies in UK and requires them to prepare and submit their annual financial statements digitally in xHTML format, and tagged with machine-readable data (iXBRL). Non-consolidated statements must be presented in xHTML, and consolidated financial statements must be tagged using iXBRL.

Moving from ESEF to UKSEF

What is UKSEF?

UKSEF refers to the single electronic format released by the UK, which is a variant of ESEF. The UKSEF taxonomy is an expansion of the ESEF taxonomy and is aligned with the FCA and Companies House filing requirements. UKSEF filings, in comparison to the standard ESEF requirements, must include the following:

  • Full Streamlined Energy and Carbon Reporting (SECR) disclosures
  • Company registration number and expiration date

Moving to or adopting UKSEF should be a simple process for public companies listed in the United Kingdom. In addition to the above-listed additional requirements of UK regulators, the UKSEF taxonomy encompasses everything from the ESEF taxonomy.

When does UK ESEF apply?

The FCA in the United Kingdom has delayed the enforcement year for businesses to submit their Annual Financial Reports in ESEF. The new enforcement date was January 1, 2021.

This delay gives businesses more time to prepare for ESEF reporting (UKSEF reporting) and to become compliant with the new requirements.

Ready to see how simple UKSEF reporting can be?

Schedule a free UKSEF demo with one of our local experts to see how simple financial reporting can be.

Trusted by listed companies, auditors and design agencies all over Europe

Selected ParsePort customers

Contact us

Talk to sales

If you want to learn more about our XBRL software and solutions, talk to Sales to discuss your reporting needs and find the ParsePort solution that’s right for you.

Contact support

If you need any client & product support, you can reach out to us by opening a ticket below. We’ll get back to you as soon as possible. You can also reach out to us on +45 53 53 00 10 during Danish office hours on weekdays from 08:30 – 16:30. Outside office hours, support is available for an hourly fee. Operational support is available 24/7 for any platform-related issues.