Yesterday SAP announced that it is adding extensible business reporting language (XBRL) functionality to various SAP business intelligence products. The SEC is going to require large accelerated filers to begin reporting financials in XBRL format later this year. The “SAP BusinessObjects XBRL Publishing by UBmatrix” is designed to help. The application will embed XBRL technology from UBmatrix into SAP products so that financial data from SAP BusinessObjects Planning and Consolidation, SAP BusinessObjects Financial Consolidation, and SAP Business Suite is transparently translated into XBRL format. SAP says this is “the first in a series of co-innovations” resulting from the two companies’ new partnership.