22nd XBRL International Conference in Brussels http://conference.xbrl.org/.
XBRL (eXtensible Business Reporting Language) is XML-based global standard for exchanging business information. XBRL is described to bring major benefits in the preparation, analysis and communication of business information. Learn more about it at http://www.xbrl.org/WhatIsXBRL/
The standard business reporting scheme was developed to make it easier for companies to report their mandatory business information to various government units, including the Tax Office and the Statistics Finland. The reporting scheme is easy to use and up to date, containing all the mandatory business reporting requirements in Finland.
The reporting scheme was one the results in Real-Time Economy (RTE) program and Fully Integrated Accounting project. Standardizing the reporting practices saves..
Palkka.fi proudly presents a new feature starting April 2009:
A business using Palkka.fi can now save the salary files as a CSV-file instead of printing them out as paper files. The CSV-file can then be sent to the bookkeeper electronically. Up until now the files had to be printed out to be mailed to the bookeeping - where they had to be either typed or scanned into the accounting system.
Thus the new feature builds up considerable savings both in time and delivery expenses for both parties. I..
The real-time web application could be used as a tool in decision-making. While considering different options or business transactions, an entrepreneur could "try out" different outcomes in the financial statement in advance, before actually committing any one of them. This could be useful at least for a starting entrepreneur and for long term investments. And, of course, mobile user interface would free the user of time and space. I pictured the use of Palkka.fi while imagining the trying out..
