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Reporting Periods

Reporting intervals

All about the time management in a reporting perspective seen by kopilot.

time management

This current year

This current year is the period, starting from the beginning of the current year (either the calendar year or fiscal year) and continuing up to the present day.

Complete month

A complete month is a month that is already completed.

Fiscal Year

The fiscal year is the year that applies to your company.
Most countries align the fiscal year with the calendar year. In other words, the fiscal year begins on January 1 and ends on December 31.

Other countries have decided to desynchronize calendars by default. As a general rule, the fiscal year starts on the first day of the month. Some exceptions exist, such as Iran (21 March), Ethiopia (7 July), and Nepal (16 July), etc.

Month-to-date

Month-to-date (MTD) is the period, starting from the beginning of the current month, and continuing up to the present day.

Year-to-date

Year-to-date (YTD) is the period, starting from the beginning of the current year (either the calendar year or fiscal year) and continuing up to the present day.

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