XML REPORTING SOFTWARE FOR Digital Platform Operators

XML reporting software for Online Marketplaces (DAC7)

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Report  “reportable sellers” under DAC7 in XML format using an intuitive interface.

Easily understand what you are required to report with highlighted mandatory fields, tooltips and real-time validation of data inputs.

Connect directly to data in Microsoft Excel or Relational Databases (SQL).

Create simplified reporting templates that can be reused each reporting period.

Digital Platform Information (DAC7)

DAC7 is the EU’s new data sharing obligation that applies to digital platforms, enabling users to:

  • Sell goods 
  • Rent out immovable property 
  • Carry out personal services 
  • Rent any mode of transport 

As per DAC7, platforms must collect identification and transaction information of their EU-based sellers and share it with tax authorities by January 31st 2024.

This initiative impacts platforms of all sizes inside and outside of the EU.

REQUEST A DEMO:

  • Seeing the software operate is the best way to understand how it works.
  • We can answer any questions for your specific requirements.
  • Together we can assess how our solution will work for you.

XML AUTHORITY PACKAGES.

Essential

  • Single user licence
  • Use any schema in the schema library & request additions
  • Non-technical presentation of reporting schemas
  • Real-time validation of data input
  • Hide unnecessary schema complexity
  • Generate XML files

Professional

All features of XML Authority Essential

  • Additional users at discounted rate
  • Load any schema
  • Import data from Excel
  • Import data from XML
  • Premium support available

Enterprise

All features of XML Authority Professional

  • Import data from relational databases
  • Premium support included
  • Free live interactive end-user training

HOW DOES IT WORK?

1. Select your reporting framework

Choose a framework from our comprehensive Schema Library or import your own schema.

One Application For All Your XBRL Reporting Needs

2. Create your reporting template

Schemas are presented as easy to interpret forms and tables. Mandatory fields are highlighted and guidance is available throughout the schema.

You can modify the structure of the schema and remove non-mandatory fields to match the structure of your data and create a reporting template to be used across reporting periods.

Hide XML Schema Complexity with XML Authority's Schema Masking Functionality

3. Link Directly To Data In Excel or Relational Databases

Create Excel import templates or a set of related tables in a relational database to automate the population of data in XML Authority.

Automated Linking to Data in Excel

4. Validate to ensure acceptance of submission

XML Authority’s interactive validation messages direct you right to the cause of any data issues that could cause the rejection of a submission.

XML AUTHORITY FEATURES

Create XML files for submission to regulators. XML Authority simplifies this process by providing a human-readable view of the data requirements as a set of annotated forms and tables.

Automate to save time and reduce errors by importing from XML Authority generated Microsoft Excel import templates or linking to relational databases.

Validate to ensure compliance with data requirements.  Easily validate and resolve issues using XML Authority’s interactive validation messages designed to take you right to the cause of any data quality issues.

Generate XML instances for submission to your supervisor’s submission gateway in order to fulfil your reporting obligations.

iXBRL enabled report writer for reporting:

  • ESMA ESEF
  • UK HMRC
  • Irish Revenue
  • Danish Business Authority
  • and many others

XBRL Reporting Software for reporting:

  • EBA CRD V (COREP & FINREP)
  • EIOPA Solvency II
  • Single Resolution Board
  • National Banking and Insurance
    XBRL Reporting

XML Reporting Software for reporting:

  • AIFMD
  • FATCA/CRS
  • Country by Country Reporting
  • MiFID II
  • and many others