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This article applies to:

  • Product: ONESOURCE Statutory Reporting
  • Subject: Templates

Version 7 - February 2025 (template release)

Template release pack

This release focuses on the legislative content changes and features updates for the period ending March 2025. 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 end: March 2025
  • Update type: Major legislative and features
Overview
This is a major release that includes legislative updates and IFRS-alignment changes. Legislative updates are effective for the annual periods beginning March 2025.
The updates include:
  • Implemented the
    First Proviso to section 182(1) of CA 2013: Limits on political contribution
    .
  • Updated
    Section 182 (3) of CA 2013: Disclosure in financial statements
    .
This version is on platforms 6.28.9259, 6.29.9459, 6.30.9574, 6.31.9627, and 6.32.9713.
Legislative update
Refer to the
IN.L.CT (02.2025) (P 6.28.9259 C 7.0 - Content Change List (Full Version))
 document for a complete list of content updates.
Legislative
Accounting reference number
Details
First proviso to section 182(1) of ca 2013
Deleted the proviso to permit unlimited contributions. Amendments to First Proviso to section 182(1) of CA 2013: Limits on political contribution.
Section 182(3) of ca 2013: disclosure in financial statements
Removed the requirement to disclose the name of the political party and the amount contributed. Instead, disclose the total amount contributed to all political parties during the year, as part of the updates to Section 182(3) of CA 2013: Disclosure in Financial Statements.
Features
Item ID
Title
Details and limitations
2768181
Review and remove previous versions of unused categories in the template
We reviewed the older versions of
no longer used categories (NLUCs)
 within
Categories
 of the template. No previous NLUCs were created for this template, so deleting old versions was unnecessary.
2768182
Category-level update of the Disclosure Emphasis on Removing Outdated Content in the NLUCs
We reviewed old NLUCs and updated them with the new naming format. Since there were no old NLUCs, we created a new NLUC level and a new Content Retention Categories level.
We created the category: NLUC - No longer used categories - NLUC.FY25 - Pre 2025 [to be reviewed for deletion YE 2030].
No content elements from the template were removed or no longer used for this release. We created a new Content Retention folder tree-level within the template for
Disclosure for Removal of Data to be Reviewed
.
2768184
Adjustments to the wording of Disclosure Emphasis on Removing Outdated Content
We found no existing Content Retention folders in the template, so we didn't need to change their naming format.
Since no data elements need to be moved to the NLUC, we created 1 tree-level folder at the bottom of the Annual Report section. This is to implement the
Disclosure on Removing Outdated Content
.
We created respective styles in the
Edit Style
 options for the Content Retention folder in the template.
Content changes
Item ID 2768186: Content update in the Note 27: Other expenses
Added a new line item to the Note 27 - Other Expenses table:
Contribution to political party (refer to the following note C)
 for the legislative changes in this release.
Added new content:
  • Paragraphs
  • List item - Bullet points
  • Manual tables
  • Standard grid table
XBRL changes
Visit the official government website to download the latest XBRL taxonomy. You can install the following taxonomy references into the application via
Manage XBRL Taxonomies
 on the ONESOURCE Accounts Production platform.
There are no XBRL changes in this release.
Impact on existing clients
There's no impact.
Deviations from standard configuration
There's no deviations.
Appendix
There's no appendix.

Additional information

To preserve dated content, we created additional folders at the bottom of each folder level within the annual report and category structure. Please review these elements and duplicate any you wish to keep.
We replaced hyphens (-) with zeros (0) in edit style number settings. This change improves data parsing clarity and reliability in automated systems. This will reduce potential financial reporting errors during
MCA XBRL Validation
 tool validation.

Known issues

  • This template's illustrative model content doesn’t include all available taxonomy concepts. Users should create and tag any additional content needed to produce a valid XBRL file.
  • The XBRL instance document cleared MCA validation errors by replacing incorrect values with 0 instead of correcting them. This cleared all validation errors from calculation relationships between tagged values in the XBRL instance document. Source and clear value errors from entity-specific values when you use this template.
  • Source and clear pre-scrutiny errors from entity-specific values from your use of the template.
  • Platform 6.29.9459 has a known issue: report elements set to
    Never display
     still appear when viewing the parent folder in isolation using
    Design
    ,
    Preview
    , or
    Edit XBRL mode
    .
  • Grid column headings have a 60-character limit.
  • We are not changing the display conditions of sections from
    Always
     to
    Conditional
     or totals from
    Always
     to
    As Required
     in XBRL templates. This is because it might cause an XBRL validation error, which could require constant changes. We suggest you apply your conditional display choices within your entity.

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