Both the language and the concept of XBRL were in development prior to the recent global recession; but it has become increasingly evident that their relevancy has peaked. XBRL, an acronym for Extensible Business Reporting Language, refers to a newly refined programming language employed by the business world. Its focus will be in the financial industry, where governing agencies such as the SEC hope it can standardize financial statements in an effort to increase transparency and aid investors.
To do so there are a few basic initiatives that must first pass; primarily global acceptance and better enforcement of XBRL as the standard for reporting financial information. In the event this happens, which the SEC aims to mandate around 2010, then all publicly traded American companies will be required to present their financial statements in this format to not only the SEC but any potential investors. In doing so they’ll to host this information on their website in a standardized format that will promote ease of use and accessibility. The data will be mildly interactive favoring consistency and presentation, though the back end language is dynamic and adaptable (much like Windward Reports!).
So what does this mean to you and I? Well for one, we can hope XBRL will improve transparency and accountability in financial institutions and regulating agencies as recent trends such as derivatives and short selling have severely dampened my trust in them. Both of these methods have crippled and jeopardized our economy by profiting from others failures, buck passing on accountability and risk, and a number of other harmful practices that if highlighted would only detract our attention from this blog’s focus, XBRL!
Sorry for the diversion……XBRL and global acceptance will ensure the financial industry opens up to investors and casual observers. This reform is great and the companies that conform will benefit too as they’ll have a more efficient nature. This coupled with increased customer confidence is a sure fire way to help pull us out of the global recession.
Ok, sales pitch time! Windward Reports is an outstanding reporting software that can help companies prepare for this change by extracting XML data and presenting it in XBRL. Companies looking to gain an edge on their competition, or just prepare for the likely reform, can employ one of the easiest to use programs for a fraction of the cost of their competition. Check their website out; www.WindwardReports.com and consult their marketing department for more information (marketing@windward.net) .
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Adds various capabilities such as inequalities,descending sort, joins, and other functions.
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SQL Select Debugger
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Added a Query tab as a field for typing or pasting in a select statement
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All tags using that Data source will be automatically updated with that name.
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New single interface to replace 2 separate dialog boxes
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Displays of all the tags in the template, structured as they are placed in the template. This provides a simple & intuitive way to see the structure of your template. Also provides the capability to go to any tag and/or see the properties of any tag.
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The ability to integrate the Windward Engine into Google’s cloud computing platform for developing and hosting web applications dubbed Google Applications Engine (GAE).
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This new integration will allow for processing of complex scripts and bi-directional text such as Arabic. Your PDF output will be much tighter and more closely match your template, and we’ll be able to respond rapidly to PDF requests and fixes.
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Includes support for new ForEach and slide break handling, table header row repeat across slide breaks, and native Microsoft support for charts and images.
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Tags are color coded in the template by type, making it easy to visually identify them.
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Version 13’s core code has been reworked and optimized to offer a reduced memory footprint, faster PDF generation and full documentation of supported features and limitations in the specifications for DOCX, XLSX and PPTX.
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Documents can include advanced Word image properties such as shadows, borders, and styles.
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Windward has updated HTML output to reflect changing HTML standards.
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Windward now works with a slew of new datasources: MongoDB, JSON, Cassandra, OData, Salesforce.com
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The Generate Code tool in the designer allows you to open an existing template and, with a click of a button, automatically create a window with the code needed to run your current template with all data sources and variables. Simply copy this code and paste into your application's code in the appropriate place. You now have Windward integrated into your application.
You only need to do this once. You do not do this for each template. Instead, where it has explicit files for the template and output, change that to parameters you pass to this code. Same for the parameters passed to Windward. This example uses explicit values to show you what to substitute in where.
Any pivot tables in an XLSX template are carried over to the XLSX output. The ranges in the pivot ranges are adjusted to match the generated output. So your final XLSX will have pivot tables set as expected in the generated file.
This makes creating an XLSX workbook with pivot tables trivial.
In an imported sub-template, if its properties for a style (ex. Normal) differ from the parent template's properties for the style, the use in the sub-template can be set to either use the properties in the sub-template, or the properties in the parent.
You set to retain when you don't want the child template's styling to change when imported. You set to use the parent when you want the styling of the imported template to match the styling in the parent.
Any explicit styling is always retained. This only impacts styling set by styles.
Tags can be placed in text boxes. Including linked text boxes. This gives you the ability to set the text in a textbox from your data.
Tags can be placed in shapes & smart art. This gives you the ability to set the text in a shape from your data.
When generating HTML output, the engine can either write bitmaps as distinct files the generate HTML references, or it can embed the images in the HTML providing a single file for the output.
You can place tags in pretty much any part of a template, including in footnotes & endnotes.
Any parts of a DOCX or XLSX (PowerPoint does not support this) file that are locked in the template, will be locked the same in the output.
If a font used in the template does not exist on the server generating a report, the font to substitute can be specified.
In addition, if a glyph to be rendered does not exist in the font specified, you can specify the replacement font. This can be set distinctly for European, Bi-Directional, and Far East fonts.
If you need this - it's essential. And if you don't need it, it's irrelevant.
Windward enables you to build a document by applying multiple datasources to the template simultaneously. When Windward is merging the data into a template, it processes the template by handling each tag in order, and each tag pulls from different datasources. (As opposed to processing all of one datasource, then processing the next.)
This allows the select tag to use data from another datasource in its select. For example, if you are pulling customer information from one data source, you can then pull data from the sales datasource using the customer ID of the customer presently processing to pull the sales information for that customer. If you're interested in patching together your data from multiple datasources, read this post on our blog.
