Q: Bank Statement Extraction
Can you provide some context in the accuracy of this function.
Can it extract debit and credit transactions independent of the balance on the statement?
Antti_SparkReceipt
Dec 2, 2024A: The exact accuracy is highly dependent on the quality of the input. Banks seem to be notoriously bad at generating PDFs that conform to the official PDF standard but we do our best to normalize them and fix any issues with them before sending it to the AI.
It can extract both credit and debit transactions, and here again the accuracy is the best when the statement contains explicit plus and minus signs in the sums, and I would be more careful if the data is in e.g. "Money in" and "Money out" tabs, as the internal PDF data rarely reflects this layout accurately. The AI is very good at deducing even in this case, but not correct 100% of the time.
Best,
Antti