XBRL Express is a powerful solution designed to streamline the management and submission of regulatory reports. In this tutorial, we’ll walk through how to use the platform to download, edit, and submit your reports in full compliance with current standards.
1. Navigating XBRL Express
As soon as you open XBRL Express, you’ll see several tabs. These tabs group together all available reporting templates. Each template includes the latest official taxonomies, ensuring maximum compliance.
Accessing a Template
Select your reporting region at the top of the interface. You can choose France, Spain, or another jurisdiction to filter the available reports.
Click on the name of the desired report.
The file will then be downloaded to your computer.
You can open and edit it using Excel.
Merging Multiple Reports
XBRL Express allows you to combine multiple reports (for example, banking and insurance reports) into a single file.
This feature enables cross-checking between reports to ensure data consistency.
Upon submission, XBRL Express automatically generates the merged reports and allows you to choose which ones to send.
2. Editing and Filling Out Reports
XBRL Express provides several ways to fill out your declarations:
Manual entry: You can enter your data directly into the white cells of the Excel file.
VBA scripting: For advanced users, it’s possible to automate the filling process using VBA code.
Data merging: You can import data from an external list to automatically populate the report.
Once your edits are complete, save the file to prepare it for submission.
3. Submitting the Report
Submission Process
Enter your company code and the reporting date.
Drag and drop your report into XBRL Express.
The platform automatically runs the necessary calculations and generates the final report.
You will receive a PDF version ready for submission, along with a workbook containing all automated calculations and adjustments.
Plug in your signature certificate and sign the report.
The report is automatically transmitted to the regulator (e.g. the ACPR in France).
Conclusion
XBRL Express is a powerful and flexible tool for managing regulatory reporting. Its interface lets you download, edit, merge, and submit fully compliant reports with ease. By automating calculations and ensuring data consistency, it greatly reduces the risk of errors and significantly simplifies the entire reporting process.