The Aspose.Finance for .NET is a very flexible Library for finance-related formats processing in this case the API can easily read, create, and even ready did the extensible business reporting language or the XBRL and the iXBRL. The developers in this can develop enabled software of XBRL with ease or even they can use within any digital financial report which is existing in the system to create reports with the XBRL. It is a very extensible, standalone, and easy to use API which is independent of any other software. It supports the generating document of the XBRL. The Aspose.Finance for .NET can be implemented with the use of the managed C # and even can be used with any language like C#, VB.NET, F#, and many more. It can even be integrated with any kind of application of .NET, from the web application of ASP.NET to the Windows application. NET.
Aspose.Finance for .NET Amazing Features:
It has the following amazing attributes such as:
It can create the instance of XBRL just from scratch.
It allows and permits the user to read the XBRL and the iXBRL formats.
It can validate the XBRL and the iXBRL.
Produce XBRL Instance Documents
In the production of the XBRL instance document, the Aspose. Finance for .NET can support the generating document of XBRL with the following in just a few lines of code. The documents that are written mainly in the extensible business reporting language or so-called the XBRL it contains Financial as well as business data such as ledgers, balance sheet, and financial statement that are mainly used for the process of communicating as well as exchanging of business performance report as well as ideas and commonly used extension of. XML but they occasionally appear with the extension of XBRL. It should be noted that the document of XBRL is written in the format of XML but it uses the elements of XBRL such examples are the tags that are describing each item of business data for faster sorting of the report as well as analyzes. It is an easy sport differentiation process between the files of the XML and the XBRL and the different things that the files of the XBRL has the tag of XBRL right in its roots. In the year 2011, all the public companies had been mandated by the United States securities as well as exchange, to report the earnings that were in the format of XBRL. Their goal is to understand what is the file is and how do user can open it. Let us mention that the iXBRL takes the of the standard of HTML which is being used to power the web pages worldwide and it's in bed the extra tags right into it to give meaning to the figures as well as a statement in a format which will be simple and easily understood by a computer. It allows the users as well as the preparers who have full control over the presentation of their report.
Read iXBRL File
The XBRL extensible business reporting language which is a part of the family of XML or the extensible markup language. The extensible business reporting language allows the users to communicate the financial data in a way that will save time as well as cost according to xbrl.org. Extensive reporting business language has a file that comes in two types of XBRL instances and the taxonomies of the XBRL. The instances of XBRL are ending with the .xml and the taxonomies of the XBRL end with .xsd. The user can view these files with the help of the open-source program and the Dragon view. It should be noted that Aspose. Finance has special support for the process of reading documents in the format of XBRL. For performing this the user can use the XbrIDocument by passing the name of a valid instance of the XBRL file just for a parameter. It also allows the users to view the tags of the XBRL on the documents and they do not have to maintain as well as create a separate file of XBRL. The same tagging process as well as the validation rule of taxonomy as well as a best practice can be applied to both the reports of XBRL and iXBRL.
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