Year to Date (YTD)

Year to Date (YTD) refers to the period from the beginning of the current calendar or fiscal year to the present date, used to track cumulative earnings, taxes, or benefits on payroll statements.

1. What is Year to Date (YTD)?
   Answer: It is the period from the year’s start to the present date.
   
2. What does it include?
   Answer: It includes cumulative earnings, taxes, and deductions.
   
3. Why is it important?
   Answer: It helps monitor financial progress and tax compliance.
   
4. Where is it found?
   Answer: It is found on pay stubs or W-2 forms.
   
5. How does HR manage it?
   Answer: HR updates and reports YTD data in payroll systems.