1. ParsePort FAQ
  2. General Questions

When do we have to tag footnotes?

The requirement to tag footnotes depend on the circumstances of the footnote itself. Cases where you need to tag or not tag footnotes are outlined below:

  1. If a row/amount in an income statement or balance sheet refers to a note (in a separate notes section), it is not mandatory to tag this note;
  2. If a row/amount in an income statement or balance sheet, for instance, refers to a footnote and the footnote information is moved to a separate line in the income statement of the balance sheet, it can be tagged automatically from Excel;
  3. If you have footnote information which does not contain additional monetary information it is not mandatory to tag this footnote;
  4. If you have footnote information which does contain additional monetary information, it is mandatory to tag this information.

Please note that it is not possible to tag both the entire footnote and separate amounts in the same footnote. You either choose to tag the entire footnote or the individual amounts.