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This article applies to:

  • Product: ONESOURCE Statutory Reporting
  • Subject: Templates

Version 52 - February 2025 (template release)

Template release pack

This release focuses on the legislative content changes and correction updates for the period ending December 2024. The template is available on platform 6.28.9259, 6.29.9459, 6.30.9574, 6.31.9627, and 6.32.9713.

Release notes

  • Period ended: December 2024
  • Update type: Major legislative changes and corrections
Overview
The template is a major release featuring legislative updates and IFRS-alignment changes, including corrections. Key legislative updates for the annual periods beginning June 2024:
  • AASB 2021-2 Amendments to Australian Accounting Standards – Disclosure of Accounting Policies Definition of Accounting Estimates [AASB 7, AASB 101, AASB 108, AASB 134 & AASB Practice Statement 2]
  • AASB 2021-5 Amendments to Australian Accounting Standards – Deferred Tax related to Assets and Liabilities arising from a Single Transaction [AASB 112]
  • AASB 2023-2 Amendments to Australian Accounting Standards – International Tax Reform – Pillar Two Model Rules [AASB 112]
  • AASB 17 Insurance Contracts
Version 52 is available on platforms 6.28.9259, 6.29.9459, 6.30.9574, 6.31.9627, and 6.32.9713.
Legislative
Accounting reference number
Details
AASB 2021-2
Amendments to Australian Accounting Standards
Disclosure of Accounting Policies Definition of Accounting Estimates [AASB 7, AASB 101, AASB 108, AASB 134 & AASB Practice Statement 2]
AASB 2021-5
Amendments to Australian Accounting Standards
Deferred Tax related to Assets and Liabilities arising from a Single Transaction [AASB 112]
AASB 2023-2
Amendments to Australian Accounting Standards
International Tax Reform – Pillar Two Model Rules [AASB 112]
AASB 17
Insurance Contracts
Corrections
Item ID
Title
Details and limitations
2573156
Additional Disclosure Tables for [FY].
This update removes
Heading
 from the section header of all Additional Disclosure Notes tables in the Full-Year Report.
2550848
Changed the column display and the sections to Conditional for all the tables [HY]
This update configures all report tables to display sections and columns conditionally.
2550847
Changed the column display and the sections to Conditional for all the tables [FY].
This update configures all report tables to display sections and columns conditionally.
2573155
Additional Disclosure Tables for [HY].
This update removes
Heading
 from the section header of all Additional Disclosure Notes tables in the Half-Year Report.
Content changes
Item ID
Title
Details and limitations
2767462
Director's Declaration and Independence Audit Report
This update implements minor text changes along with new paragraphs and bullet points.
2767555
Primary Financial Statements
This update applies minor line item updates to the financial statements.
2767442
Note 2. Summary of material accounting policies
This update inserts text changes and new paragraphs within the notes to accounts, and adds new sections for:
  • AASB 2021-2 Amendments to Australian Accounting Standards – Disclosure of Accounting Policies Definition of Accounting Estimates [AASB 7, AASB 101, AASB 108, AASB 134 & AASB Practice Statement 2]
  • AASB 2021-5 Amendments to Australian Accounting Standards – Deferred Tax related to Assets and Liabilities arising from a Single Transaction [AASB 112]
  • AASB 2023-2 Amendments to Australian Accounting Standards – International Tax Reform – Pillar Two Model Rules [AASB 112]
  • AASB 17 Insurance Contracts
276448
Notes to the Financial Statements
This update makes minor text corrections throughout the financial report notes.
Features
There are no features.
XBRL changes
There are no XBRL changes.
Additional information
There's no additional information.
Impact on existing clients
There's no impacts.
Deviations from standard configuration
There's no deviations.
Appendix
There's no appendix.

Known issues

  • Even if elements are set to
    Never
    , the report may still display them when users upgrade to the 6.29 platform.
  • Exercise caution when deleting original elements (paragraphs, tables, for instance) reflected from the parent or root template. Deleting these elements prevents saving back to the template without reimplementing it with backup files. You will also lose any updates made to the elements. The template won’t upgrade and sync perfectly with the latest draft template update. Some functions, such as
    Revert to Template
     or
    Compare with Template
    , isn't available. Deleting the original element changes its ID, making comparison to the draft or parent template impossible. Consider this, especially when customization is necessary. As an alternative to deleting unwanted elements, create a copy. Build your customization from the copy and set the display of the unwanted original element to
    Never
    .
  • You can change column names in grids. Use the Column Rename feature. Don’t change existing column IDs. Changing the IDs will cause data loss and break links.

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