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Date Posted: 8/11/2003

AccTrak21 Announces XBRL Compliant General Ledger

 
 
FOR IMMEDIATE RELEASE
August 11, 2003 – Minneapolis, MN - AccTrak21, the global provider of real-time business management and business intelligence software for small to medium-sized businesses, today announced that AccTrak21 now supports XBRL Version 2.0 specification for both the International Accounting Standards (IAS) and the US GAAP taxonomy framework.
The new XBRL feature allows users the flexibility of choosing to load either a completely new taxonomy or a previously mapped taxonomy that has been saved. Additionally, users can also load previously saved criteria, which consists of mapped taxonomies and selected Fiscal Year, Fiscal Period, Currency and Company Identifier. Selected taxonomies are displayed in tree view format for easy identification and mapping.
Other features of AccTrak21 XBRL include:
· Flexibility to map the chart of accounts or a combination of accounts to XBRL tags;
· Distinct icons to allow users to easily view XBRL tags;
· The ability to view and print the XBRL document for editing or modification;
· System checking to minimize data entry errors; and,
· Ability to send XBRL documents as an email attachment.
“XBRL is the future of sharing business information and we’re excited to support this international effort,” said Steve Yulga, CEO of AccTrak21 USA, Inc.
All new users and users on maintenance will be receiving the XBRL Component v2.0 at no additional charge.
About AccTrak21
AccTrak21 designs and develops high quality, low cost, end-to-end solutions for small and medium-sized businesses. In addition to financials, AccTrak21’s suite of integrated features includes CRM, online banking, e-commerce, mobile commerce, manufacturing, distribution and pre-configured Business Intelligence tools (including OLAP). AccTrak21’s Business Intelligence tools enable accounting professionals to better understand their clients’ business performance and provide value-added advice and mentoring. The company’s mission is to offer high quality software at prices all small and medium-sized businesses can afford. More than 3,000 companies in 23 countries use AccTrak21’s software. For additional information on AccTrak21, including software features and benefits, email sales@AccTrak21.com or visit http://www.AccTrak21.com
For further information:
U.S. Contact
Kim Ilao, Director of Media Relations
AccountingVoice
Phone: 732-562-0800, ext. 119
E-mail: KimIlao@AccountingVoice.com
Australia Contact
Andrew Varlamos
AccTrak21
Phone: 61 (0)412 232 713
E-mail: avarlamos@acctrak21.com

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