What AI can read in your financial documents

AI can extract data from financial documents when the documents live somewhere it can read. In Era's Document Library, ten kinds of document are read: credit card and bank statements, pay stubs, leases, closing statements, tax forms, receipts, invoices, bills, and investment or retirement statements.

Which financial documents can AI extract data from?

Era reads credit card statements, bank statements, pay stubs, leases, closing statements, tax forms, receipts, invoices, bills, and investment or retirement statements. Each is read as its own kind, so a lease yields rent and term where a receipt yields merchant and total. A document that fits none of the kinds is stored but not read.

That list covers most of the paper in a financial life: what you earn, what you owe, what you own and what you are bound to. If you are curious how this works for a particular task, there are guides for bank statements, pay stubs, tax documents and mortgage documents.

What does Era pull out of a document?

For each document Era extracts the values that matter for its kind, such as the period, the parties, the amounts and the dates, and it keeps a citation, the page and the snippet, beside every value. Open the citation and you see the line the number came from.

Citations are what make the answers usable. An assistant that says "your rent is $2,150" is a rumor; one that adds "page 2, the line under Monthly rent" is a record. Your assistant works from the extracted values, so its answers are as specific as the document.

What is the difference between what a document says and what Era remembers?

An extracted value is what the document states. It becomes a fact in Era's memory only when you promote it. The distinction keeps your memory clean: a lease can state a rent, and you decide whether that is the number your assistants should plan around.

Promote a fact and it joins the memory that every connected assistant reads, alongside the goals, preferences and accounts already there. Retire it when it changes. For the wider picture of what memory holds, read what Era Context stores and how to manage it.

Do your assistants get the files themselves?

No. Your assistant hands Era an upload link and the file goes straight into your library; the assistant never sends the file's contents. It then reads the extracted values, which is what lets Claude, ChatGPT, Gemini and any other connected client answer from the same documents.

Documents live in your own space or in a shared one, and tags are your existing tags. A share link for someone outside Era opens only for a signed-in Era user and expires, so access has an end date. Your plan sets how many documents and how much storage you have; see pricing.

What can you do with the data once it is read?

You can ask for answers, comparisons and totals across documents and accounts together. Statement transactions can be imported into manual accounts, so an account with no live link still shows up in your cash flow, and a document can sit in a space so the people you share with see it too.

Some starting points: check a pay stub against the deposit in your bank account, line up this year's tax forms against what you expect, or find the receipts a month's card charges still lack. Each is a prompt, because the documents and the accounts are in the same hub.