Last reviewed: 06/8-2024.
How long it takes to convert your files to iXBRL will first and foremost depend on the size of your files. The larger the files, the more the platform has to read through and sort before creating your iXBRL file.
First, we recommend that you upload the Excel template that we've supplied you with (not a version that includes master information of your financial statements) when you convert to iXBRL. Our template only contains the information necessary to create your file, which in turn speeds up the conversion.
If the conversion still takes too long, your PDF report might be the cause. If your PDF report is large in size but you need to generate a file to be reviewed by your auditors, you can start with the extraction of financial statements and /or the notes section to reduce the final size, still including the relevant information needing review. This should definitely speed up the conversion process.
In the meantime, you can contact our customer support department to investigate and find a way to improve the conversion time of your files. Keep in mind that not only the PDF decides the conversion time. Other factors include; how block tagging has been prepared, as well as additional steps in the conversion related to security in the ParsePort Platform.
We generally recommend that you use Firefox as your browser when using our platform, but conversion times should be similar using any other browser.