Before you start your project, you need to define your default settings for your project. These include things like Report Language and Reported Currency. You can also specify the properties for specific cells giving you a greater granular control over how you report a figure.
Who can make changes to report settings?
When the ESEF Reporting feature is activated in your CtrlPrint project, you will be able to define a number of default settings for your report. Please be aware that, currently, only a user with System Admin permissions can edit these settings and that this process is covered on page 5 of the Tagger User Guide. System Admins for your report are listed on the project page with their email addresses.
The 8 critical settings before you start tagging
There are eight critical settings that we recommend you choose before you start tagging as they
will only be applied to any new tags created from this point onwards. The critical settings are:
- LEI: The Legal Entity Identifier for the reporting company. Click LEI Search to the right of the field to open Global Legal Entity Identifier Foundation website and search for the LEI of your company. The LEI code is is 20 characters (e.g. the CtrlPrint LEI is 549300KJBJR8XNA66712).
- Reporting Period: The start and end date of the current reporting period.
- Report Language: The language the report is published in. This also sets the language the taxonomy will be displayed in.
- Report Default Monetary Currency: The default currency. All new tags created in the document will be set to this currency.
- Report Default Monetary Number Scale: The default scale for numbers. The scale is the number of zeros added to a value to represent its real number. There are four options available: none, thousand, million and billion.
- Default Percentage Decimals: The default rounding accuracy for any percentage values. The default value of 4 is usually sufficient for most reports.
- Default Date Format: This should match the way dates are written in your report.
- Default Monetary Format: This should match whether you use commas or dots as a decimal separator in your report.
If you had to change any of these critical default settings halfway through your tagging, any tags
you had previously created would have to be deleted and recreated to have the new default
settings applied. Alternatively, you could change the individual cell properties were necessary.
The other default settings are required for your final report but can be set at a later date. For more information on how to set your default settings please see page 5 of the Tagger User Guide or watch the Enable CtrlPrint ESEF Reporting video tutorial.
The non-critical settings
The rest of the default settings can be set at any time and will not have a substantial impact on your tagging. Click here for more information about these settings and what they mean.
Table Cell Properties
There will be examples where the default settings are not correct for individual cells. An extremely common example is that the opening and closing equity balances will need to have their dates changed. Alternatively, your default monetary scaleThe number of zeroes to be added to a value to represent its real number. There are four options available: none, thousand, million and billion. is set to millions but share values need to be reported in pence; although your decimalsThe number of decimal places your values are rounded to. This is automatically set when you choose a default monetary scale (e.g. choosing a scale of million automatically sets the decimal to -6). may be set to one value, you may need to change this to ensure your calculations are not rounded incorrectly.
You can use the Table Cell Properties tab to override the default settings for a cell and it is expected that you will need to do this. For more information on how to change individual cell properties please see page 15 of the Tagger User Guide or watch the Table Cell Properties video tutorial.
When you add a tag to a cell, it is automatically added to the whole row. In some very specific circumstances (i.e. depending on the unique structure of your table layout) this is not what is needed. You can disable this setting by clicking the Table Settings icon in the toolbar and changing Disable Automatic Related Cell Tagging to True.