Financial Statements
Financial Statements provide a comprehensive view of your company’s financial performance and position over a selected period. In Rillet, you can generate, review, customize, and export different financial statement reports to better understand your business health and support internal and external reporting.
These reports include the Income Statement, Balance Sheet, Cash Flow Statement, and Executive P&L, each designed to answer specific financial questions.
View Financial Statements
You can access Financial Statements from the Reporting section to review key financial data across different reporting formats and timeframes.
Follow these steps to view a financial statement report.
Go to Reporting > Financial Statements.
Select the type of financial statement you want to review.
Choose the reporting date range.
Once you select the date range, the report processes automatically and loads directly on the screen for review.
Financial Statement Content
Each financial statement provides a different perspective on your company’s financial data. Understanding what each report contains helps you interpret results accurately.
Income Statement
The Income Statement shows your company’s profitability over a specific period by summarizing revenue and expenses.
You will find the following information in this report:
Revenue The total income generated from sales and services.
Costs Expenses directly related to producing or delivering goods and services.
Expenses Operating costs such as salaries, marketing, and administrative expenses.
Net Income The remaining profit or loss after deducting all costs and expenses.
This report helps you evaluate whether your business is operating at a profit or a loss during the selected period.
Balance Sheet
The Balance Sheet provides a snapshot of your company’s financial position at a specific point in time.
This report includes:
Assets Everything the company owns, such as cash, inventory, and receivables.
Liabilities Obligations and debts the company owes.
Equity The residual value after liabilities are subtracted from assets.
You can use this report to assess financial stability and overall balance sheet health.
Cash Flow Statement
The Cash Flow Statement shows how cash moves in and out of your business during a given period.
The report breaks cash activity into:
Operating Activities Cash generated or used in day-to-day operations.
Investing Activities Cash related to purchasing or selling long-term assets.
Financing Activities Cash movements related to loans, repayments, or investments.
This report helps you understand liquidity and cash availability.
Executive P&L
The Executive P&L is a Profit and Loss statement designed for high-level financial reporting. It provides a clear summary of your company’s financial performance and is commonly used for executive review and external reporting.
This report organizes financial data into clear sections so you can quickly understand profitability, cost structure, and operating performance.
You will see:
Revenue Income generated from customers, such as subscriptions or usage-based charges.
Cost of Revenue Direct costs incurred to deliver services to customers.
Operating Expenses Expenses grouped into higher-level categories such as Research and Development, Sales and Marketing, and General and Administrative.
This format provides a clearer view of performance metrics commonly used in subscription-based and growth-focused businesses.
Customize Financial Statements Reports
You can customize Financial Statements to better match your reporting needs and analysis requirements.
Customization options allow you to adjust the following settings:
Entity or subsidiary filters
Column views, such as monthly or total columns
Formatting
Reporting date ranges
These adjustments help you focus on the data that matters most for your analysis.
Export Financial Statements Reports
You can export Financial Statements for offline review, sharing, or external reporting. Exported files allow you to analyze financial data outside of Rillet or include it in audits and presentations.
Once the financial statement is displayed on the screen, you can export it directly.
Click Export.
The file is downloaded automatically to your device and is ready to use immediately for external reporting or review.
See Also
You can explore related reporting workflows and financial analysis tools in the following articles:
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