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XBRL Financial Reporting (FR) and Global Ledger (GL) serve distinct purposes:<\/p>\n<\/p><\/div>\n
XBRL FR<\/strong>: Used for high-level financial reporting like balance sheets and income statements for external stakeholders. Elements in XBRL FR summarize financial data.<\/p>\n<\/li>\n XBRL GL<\/strong>: Captures detailed, transaction-level information for internal use, such as audit trails and operational reporting. It requires a finer granularity of ata, with elements capturing every minute detail of financial transactions.<\/p>\n<\/li>\n<\/ul><\/div>\n<\/p><\/div>\n The SRCD module connects detailed GL data with FR summaries:<\/p>\n<\/p><\/div>\n It ensures that every transaction in XBRL-GL can be mapped to a summarized element in XBRL-FR, providing traceability and transparency in financial reporting.<\/p>\n<\/li>\n In the context of XBRL-GL and XBRL-FR, the SRCD (Summary Reporting Contextual Data) module acts as a connector that maps detailed transactions to summary-level data for financial reporting.<\/p>\n<\/li>\n Taking the salary payment example, here’s how SRCD would facilitate its reporting to an FR taxonomy and instance:<\/p>\n<\/li>\n<\/ul><\/div>\n GL Level (Detailed Transaction)<\/strong>:<\/p>\n<\/p><\/div>\n At the GL level, the transaction is recorded with all specifics: date (2024-01-25), amount (10,000 USD), debit entry to “Salary Expense” (Account 4001), and credit entry to “Bank Account” (Account 5001).<\/p>\n<\/li>\n<\/ul><\/div>\n SRCD Usage<\/strong>:<\/p>\n<\/p><\/div>\n SRCD would then be used to define how this GL entry detail relates to the FR taxonomy. It would specify that the “Salary Expense” account at the GL level corresponds to a particular “Salary Expense” element within the FR taxonomy.<\/p>\n<\/li>\n<\/ul><\/div>\n FR Level (Summarized Reporting)<\/strong>:<\/p>\n<\/p><\/div>\n In the FR instance, instead of listing individual transactions, the data would be aggregated to show total salary expenses for a period. SRCD ensures that the aggregated amount in the FR instance is directly traceable to individual transactions in the GL, maintaining the relationship between the detailed data and the summary report.<\/p>\n<\/li>\n<\/ul><\/div>\n By using SRCD, stakeholders can see not just the summarized figures in the financial statements but also have the capability to drill down to the transactional details if necessary, enhancing the transparency and usability of financial data.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n A hierarchical tidy data structure using XBRL-CSV might look like this for a salary payment:<\/p>\n<\/p><\/div>\n1.2. Role of SRCD in XBRL-GL<\/h3>\n
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1.3. Hierarchical Tidy Data in XBRL-CSV<\/h3>\n