Solutions for HMRC filers
For companies that have to file UK accounts, there are four general options available:
- HMRC's PDF-based forms: for very small or simple companies the Revenue's PDF-based forms allow construction of a CT600 return, a set of accounts and a set of computations within a PDF document. This has been designed to cater for only the simplest of cases. Many will find the process cumbersome and poorly suited to their needs.
- Accounting software: most existing accounts production packages will be updated, to allow constructon of a set of Inline XBRL documents straight from the same software. Companies already using such applications to produce their accounts should not be adversely affected.
- Outsourcing: there are companies that will take a full set of company accounts and construct them offshore into Inline XBRL format. This may be economically viable for large companies or very large accounting firms, but there remain questions about the security and reliability of such a process.
- CoreFiling's Seahorse™: allows you to take an existing Word or Excel document and convert it into Inline XBRL by using a semi-automated, predictive tagging process. Seahorse ensures that those companies already producing accounts using Word and Excel can continue to do so without changing their existing business processes. The system is designed to take advantage of the knowledge of the accounting profession as a whole, and as a result can provide considerable automation. Seahorse will benefit organisations significantly, by enabling the accurate and complete construction of a set of Inline XBRL documents in both a speedy and efficient manner.
Struggling to understand XBRL? Follow this link to get your started on all the basics.
Where can I find out more about Seahorse?
Seahorse is available only from recognised CoreFiling resellers and service providers. If you have a specific query with which we can help you please email
info@corefiling.com. Otherwise, please contact one of our partners, listed below.
| For corporates |
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| For accountancy practices |
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For more information about our partners, please see our Partners Page.
Ask CoreFiling a question
For general enquiries about Seahorse, please email
info@corefiling.com