XML reporting software for Online Marketplaces (DAC7)
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
- Additional users at discounted rate
- Load any schema
- Import data from Excel
- Import data from XML
- Premium support available
Enterprise
- Import data from relational databases
- Premium support included
- Free live interactive end-user training
HOW DOES IT WORK?
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.
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.
- ESMA ESEF
- UK HMRC
- Irish Revenue
- Danish Business Authority
- and many others
- EBA CRD V (COREP & FINREP)
- EIOPA Solvency II
- Single Resolution Board
- National Banking and Insurance
XBRL Reporting