## Overview Atto Statement allows you to generate and retrieve an account statement in **PDF format**, providing a detailed overview of the account’s activity. The statement is created using **Atto Stored Data API**, not directly from the bank, ensuring seamless integration and consistent data representation. **Please note:** This statement is generated by Atto and not the bank. **Please note:** To use this Atto Statement API, storage has to be switched on. The generated PDF includes: - **Account Identifiers** - **Balance Information** - **Transaction Details** This feature enables businesses to offer their customers an easy way to access and review account statements, supporting compliance, financial reporting, and lending processes. ## Challenges We Help Address - **Ensuring Data Integrity and Accuracy** Since the data is fetched directly from the customer's connected bank account, there is a high level of confidence that the information presented in the PDF statement has not been manipulated. - **Simplifying Access to Account Statements** Generate PDFs on-demand without burden on customer to choose right account and period for PDF statements. - **Improving Transparency and Record-Keeping** Provide users with clear, consistent account summaries that can be used for audits, personal financial management, or credit assessments. - **Reducing Operational Complexity** Automate statement generation to save time and eliminate the need for manual data extraction and formatting. - **Supporting Compliance and Loan Underwriting** Offer detailed account activity records to assist with regulatory requirements and assess creditworthiness. ## How It Works The **Atto Statement** feature collects transaction and balance data from the bank to generate a professional, well-formatted PDF. The statement includes the following sections: 1. **Account Information** - Account number and name - IBAN and other relevant identifiers 2. **Balance Summary** - Starting balance for the statement period 3. **Transaction Details** Each transaction is displayed with the following details: - **Date:** The date the transaction occurred - **Description:** A description of the transaction - **Amount:** The transaction amount (credit or debit) - **Balance:** The running balance after each transaction 4. **Statement Period** The statement reflects all account activity within a specified period, which can be customized based on the available data range. ## API Schema and Response [**Atto Statement API**](/content/apis/get-statement) Response is returned in `application/pdf` format. ## Use Cases With Atto Statement, you can: - **Provide Users with Instant Account Statements:** Enable customers to download and review account activity for any specified period. - **Streamline Loan Underwriting:** Use detailed account statements to assess income, spending patterns, and financial health. - **Enhance Financial Reporting and Compliance:** Generate standardized account summaries for audits, reporting, and regulatory compliance. - **Support Personal Financial Management:** Help users track and review their financial activity in an easy-to-read PDF format. ## Key Features & Benefits - **PDF Statement Generation** Create high-quality, standardized PDF statements from stored transaction data. - **Detailed Transaction History** Include every transaction within the selected period, along with descriptions, amounts, and running balances. - **Automated and Reliable** Use the Atto API to generate statements without manual effort or delays. - **Supports Regulatory and Audit Requirements** Offer detailed account statements that comply with financial reporting standards.