The CRA Base Report returns an object with information on each account’s balances. Note that for all balance fields, for credit-type accounts, a positive balance indicates the amount owed, while a negative value may indicate the lender owes the account holder. In depository-type accounts, it reflects the total current balance, taking into account any pending transactions that have updated the ledger. The following balances are included:
- Available - The amount of funds available to be withdrawn from the account. Depending on the account type, this may reflect pending transactions, holds, or other institution-specific adjustments. See our API docs on specifics for each account type.
- Average Balance - The average historical balance for the entire report. This value is computed by averaging the account balance over the full period covered by the report.
- Average Monthly Balances - The average historical balance of each calendar month across the time period covered by the generated report. This breakdown lets you analyze how the account balance fluctuates on a month-to-month basis, providing insights into seasonal trends or recurring patterns.
- Current - The total amount of funds in or owed by the account.
- Most recent 30-day average balance - The average historical balance from the most recent 30 days. This more granular metric can indicate shorter-term trends and may be particularly useful for detecting recent changes in spending or saving behavior.
- Limit - For credit-type accounts, this represents the credit limit. For depository-type accounts, this represents the pre-arranged overdraft limit, which is common for current (checking) accounts in Europe. In North America, this field is typically only available for credit-type accounts.