The European Financial Reporting Advisory Group has released an educational video demonstrating how to use the VSME Digital Template and the Template to XBRL Converter to support the digitalisation of sustainability reporting by small and medium-sized enterprises preparing reports under the VSME Standard. The video walks through the Excel-based VSME Digital Template, including interactive checkboxes, automatic calculations, built-in validations, hyperlink-based navigation, a fuel converter and input prompts to help undertakings complete the template. It also shows how the completed file can be converted into a structured, machine-readable report using the open-source Template to XBRL Converter developed by the EFRAG Secretariat, producing a fully tagged Inline XBRL report aligned with the VSME XBRL Taxonomy without manual tagging. AI-translated versions are available in multiple EU languages, and EFRAG has made the template, explanatory notes, source code and demo files available for download on its VSME Digital Template and XBRL Taxonomy webpage.
European Financial Reporting Advisory Group 2025-06-23
European Financial Reporting Advisory Group publishes educational video on the VSME Digital Template and Template to XBRL Converter
The European Financial Reporting Advisory Group released a video on using the VSME Digital Template and Template to XBRL Converter for digitalising sustainability reporting by SMEs. It details features like interactive checkboxes and automatic calculations, and demonstrates converting files into machine-readable reports using the open-source converter. AI-translated versions and related resources are available on EFRAG's webpage.