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Financial formats provide a standardized structure for organizing and presenting financial data. They play a crucial role in streamlining financial processes, improving data accuracy, ensuring compliance, enhancing transparency, and facilitating efficient data exchange and analysis in the financial industry. Popular finance file extensions and their file formats include XBRL, IXBRL and OFX.

With GroupDocs.Conversion you can easily convert your finance document into another file format.
For example, the XBRL to XLSX conversion code snippet looks like this:

// Load the source XBRL file
using (var converter = new GroupDocs.Conversion.Converter("sample.xbrl"))
{
    // Set the convert options for Spreadsheet format
   var options = new SpreadsheetConvertOptions();
    // Convert to XLSX format
    converter.Convert("converted.xlsx", options);
}

Put it simply - you just load your finance document into the Converter class, select the desired output format and GroupDocs.Conversion does all the rest.

On the other hand, converting your files to another finance format is also quite simple and natural. The following code snippet shows how to convert an XBRL document to an IXBRL format in C# using GroupDocs.Conversion.

// Load the source XBRL file
using (var converter = new GroupDocs.Conversion.Converter("sample.xbrl"))
{
    // Set the convert options for finance format
    var options = new FinanceConvertOptions { 
       Format = FinanceFileType.IXbrl
    };
    // Convert to IXBRL format
    converter.Convert("converted.ixbrl", options);
}