Convert Bank Statements to Avro

Bank statements show all the money going in and out of a bank account over a certain time period. They have detailed info about transactions for people and businesses.

Getting Data from Bank Statement PDFs

Konbert is really good at handling bank statement PDFs. We can accurately pull out and organize data from many different bank statement formats. This makes it much easier to analyze and manage your financial information.

Here are some things our bank statement extraction can do:

• Accurately identify transaction details like dates, descriptions, and amounts
• Smartly categorize income and expenses
• Pull out account summaries, including starting and ending balances
• Handle multiple account statements in one PDF
• Work with different statement layouts from various banks

People often use bank statement conversion for:

• Managing personal finances and budgeting
• Tracking expenses for taxes
• Financial analysis for small businesses and freelancers
• Automating bookkeeping and accounting
• Preparing financial reports for loans or mortgages

By changing your bank statement PDFs into easier formats like CSV or Excel, you can quickly bring your financial data into accounting software or personal finance tools for more analysis and management.

Avro is a row-based data serialization system developed within Apache's Hadoop project. It provides rich data structures and a compact, fast binary data format.

Technical Details

Avro uses JSON for defining data schemas, which are stored with the data. This enables schema evolution while maintaining compatibility. The data itself is stored in a compact binary format.

Advantages

• Compact binary serialization
• Schema definition included with the data
• Support for schema evolution
• Dynamic typing and code generation

Limitations

• Not human-readable without special tools
• Less widely supported than formats like JSON or CSV
• More complex to implement than simpler formats
• Less efficient for columnar queries than Parquet