Year-to-date Definition
Year-to-date is a time period starting at the beginning of a year to the present. Year-to-date is also known as YTD.
YTD Extended Definition
Generally, year-to-date refers to a calendar year, but some businesses operate using a fiscal year. In that case, year-to-date would refer to the beginning of the fiscal year to the present.
Business owners often create year-to-date earnings or expense reports to measure their progress compared to year-to-date reports of previous years. There is also year-to-date payroll, which shows you the amount of money spent on payroll from the beginning of the year to the current payroll date.
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Last Updated By
Rachel Blakely-Gray | Apr 18, 2023