Financial statement reporting

Choose the right financial statement and understand how Control calculates P&L, Balance Sheet, and Cash Flow values.

Control provides separate statements for period performance, financial position, and cash movement. Choose the statement based on the question you need to answer.

Profit & Loss

Review income and expenses generated during a selected period.

Balance Sheet

Review cumulative asset, liability, and equity balances as of a date.

Cash Flow

Explain the movement from beginning cash to ending cash.

How the statements differ

Statement	Question it answers	Included account types	Time behavior
P&L	What income and expenses occurred?	Income Statement	Activity within the selected period
Balance Sheet	What do we own, owe, and hold in equity?	Asset, Liability, and Equity	Cumulative balance by default; optional period-change view
Cash Flow	Why did cash increase or decrease?	P&L values, Balance Sheet movements, and cash accounts	Movement during the selected period, reconciled to beginning and ending cash

A one-month P&L column shows that month’s activity. In the default Period-end balance view, a one-month Balance Sheet column shows the full balance as of that month-end—not only transactions posted during the month.

Shared reporting workflow

Each statement connects a layout editor with an actuals view:

1. Organize the relevant group accounts into statement rows and groups.
2. Add formulas for subtotals or derived rows.
3. Open actuals and select the period, entity, dimension, and currency scope.
4. Review whether the accounting periods are closed.
5. Drill into a material value to reconcile it to supporting accounts and transactions.

Editing a layout changes how Control presents and calculates the report. It does not change source-system transactions or their account mappings.

Choose a more specific operating view

Use a Functional P&L when a standard account-based P&L does not match how management reviews functions, departments, or cost centers. Functional P&L still uses Income Statement accounts, but it can apply dimension criteria to individual layout nodes.

Next steps

• Build and review a P&L
• Drill down from a financial statement
• Build and review a Balance Sheet
• Build and review a Cash Flow statement