Accounting Definitions

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Year-to-date Definition

Definition
A time period starting at the beginning of a year to the present. Year-to-date is also known as YTD.

Extended Definition
一般来说,今年是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, comparing to year-to-date reports of previous years.

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