Some issues / suggestions with the Summary Reporting Contextual Data (SRCD) Module of XBRL GL :-
Mapping / Linking of Ledger Accounts to XBRL Financial Statements Line Items in Journal Entries – Issues therewith
Reclassification due to change in nature (Debit or Credit) of the period-ending Net Balance of the account
The Summary Reporting Contextual Data (SRCD) Public Working Draft (PWD 2) illustrates a single (1) <SummaryReportingElement> for every Ledger Account. However, in a number of factual instances the grouping of account in the Financial Statement depends upon the nature (Debit or Credit) of period-ending Net Balances of the Account.
For example – Depending upon the GAAP Terminology,
|Group of Accounts||Summary Reporting Element in case of DEBIT BALANCE||Summary Reporting Element in case of CREDIT BALANCE|
|Bankers||Cash with Banks||Loans from Banks-Term Loans, Cash Credit, Overdrafts, etc|
|Financers||Loans & Advances||Loans Received|
|Customers||Accounts Receivables||AcceptancesAdvances from Customers|
|Suppliers||Deposits or Advances to Suppliers||Accounts Payable|
Existing SRCD instances does not figure in the possibility of Reclassification of Ledger Accounts to different / another <SummaryReportingElement> owing to a change in the nature of period-ending Net Balance of the Ledger Account.