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XBRL validation errors

BizFinx shows validation errors. What now?

The situation

Validation errors mean the XBRL data does not meet ACRA's rules.

The law

  • Companies Act 1967 and ACRA XBRL filing requirements: Companies filing financial statements file them in XBRL format (full or simplified) unless exempt

What it means for you

Common causes are totals not adding, wrong signs, or missing mandatory items. Fix and validate again before filing. Keep the final validation report. Warnings are different from errors: errors block filing, while warnings should be reviewed and explained if left. Keep the validation report with the filed copy.

What to do

  1. Read the error list.
  2. Fix data mapping.
  3. Re-validate.
  4. Attach to AR.

We can do this for youXBRL financial statements preparation and filing: SGD 400

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