At ParsePort, we prioritize keeping your Financial Statement accounts up to date. We handle automatic taxonomy updates, allowing you to focus on your core business activities.
We also inform you about any new or unnecessary taxonomy elements for the Notes of your financial statements, ensuring compliance with regulatory requirements during the yearly ESEF process.
Our team ensures a hassle-free financial reporting experience. With automated updates and timely notifications, your statements are accurate and compliant with the latest standards.
Note: This feature is available for all the customers that have not decided to waive automatic taxonomy updates, meaning that ParsePort is the one who partakes the mapping.
However, if you have opted for your full control of your tags, you will need yourself to perform any taxonomy changes within the annual update.