Multiplier Logo
Loading Animation Image

Global Work Glossary

Lost in a maze of global employment jargon? Find your way out with our handy collection of work and HR terminology

Search Icon
# A B C D E F G H I J L M N O P R S T U V W X Y Z

Year to date

What is year-to-date metric?

Year-to-date (YTD) is a figure that marks the period from the beginning of the current year up to the present date. Often used for financial and payroll reporting, it can, for example, provide a snapshot of business performance or an overview of employee gross pay over a particular period.

Much of the data that organizations are required to track is captured using the year-to-date system. This includes gross pay, net pay, deductions, benefits, taxes, expense reimbursement, accrued vacation and sick leave. You can also use an HR solution such as Multiplier to automatically track key data across a certain period.

Year-to-date measurements typically use the calendar year. However, it’s important to note that they can also be based on the fiscal or financial year which is used in government accounting and differs from country to country. For example, in the US the fiscal year runs from October 1 to September 30 and companies may use these dates to track year-to-date data.

Ready to take the leap? Choose Multiplier as your EOR partner

Gain fresh perspectives

Take a look at our new blogs and e-books

a-guide-to-mastering-payroll-reports

Choosing the Right HR Document Management Software for Your Business

Read more

Mp More Link Arrow Right
How-to-Master-Payroll-Reports-A-Guide-to-Streamlining-Financial-Insights-and-Compliance

How to Master Payroll Reports: A Guide to Streamlining Financial Insights and Compliance

Read more

Mp More Link Arrow Right
how-to-hire-the-best-talent-from-canada

From Rockies to Office: How to Hire the Best Talent from Canada

Read more

Mp More Link Arrow Right
Footer 24x5 New Img2x

An all-in-one international employment platform