Detailed Transaction Breakout in Statements

Overview

Customers can now view a full breakdown of all transaction category and type that are balance impacting, via the Statements API and Loan Tape API

This is across every family of transaction, including

• Payments
• Card Transactions
• Management Operations

Previously, transaction category and type were summed and not aggregated at lower levels. These breakdowns are aggregated and viewable in the ytd_totals, period_totals, and day_totals

Details

An example breakout can be seen below. Note that this is not the full response of the Statements or Loan Tape API, but instead a truncation to highlight the changes to the totals objects.

"period_totals": {
   "payments": 500,
   "payment_details": {
      "ACH": {
         "ORIGINATION_CREDIT": -2000,
         "ORIGINATION_DEBIT": 500,
         "RECEIPT_CREDIT": 1000,
         "RECEIPT_DEBIT": 0
      },
      "EXTERNAL_PAYMENT": {
         "EXTERNAL_WIRE": {
            "DEPOSIT": 750,
            "WITHDRAWAL": 0
         },
         "EXTERNAL_ACH": {
            "DEPOSIT": 250,
            "WITHDRAWAL": 0
         },
         "EXTERNAL_TRANSFER": {
            "DEPOSIT": 0,
            "WITHDRAWAL": 0
         }
      }
   },
   "purchases": 30000,
   "fees": 12000,
   "debits": 12000,
   "debits_details": {
      "MANAGEMENT_FEE": {
         "CURRENCY_CONVERSION": 0,
         "LATE_PAYMENT": 2000,
         "RETURNED_PAYMENT": 0,
         "ANNUAL_FEE": 10000
      }
   },
   "credits": 1115,
   "credits_details": {
      "MANAGEMENT_ADJUSTMENT": {
         "BILLING_ERROR": 500
      },
      "MANAGEMENT_REWARD": {
         "CASH_BACK": 615
      }
   },
   "interest": 945,
   "cash_advances": 0,
   "balance_transfers": 0
}

The individual category and type amounts sum up to equal the amount above.

• e.g. all of the individual amounts in payment_details can be summed to total payments

In addition, the debits field has been added which is redundant to fees. fees will be deprecated in a future release.

Release Timeline

Available now: January 15, 2025

User Impact

No impact, this change is additive only. Learn more about Statements and Loan Tape APIs via our API Reference

If you have any questions or concerns, please contact us via the HELP link in your Lithic Dashboard.

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