Year-to-date (YTD) in a salary slip refers to the amount of money an employee has earned from the beginning of the calendar or fiscal year up to the current payroll date. YTD is calculated based on an employees gross income, which is the amount earned before taxes and deductions are taken out. YTD can also include the money paid to independent contractors. For full-time employees, YTD payroll represents their gross income, while for a business, YTD represents the overall earnings all employees earned. YTD can include payments paid in this current fiscal or calendar year, but not necessarily received this year.

YTD is important for several reasons. It allows employers to estimate the amount of money they will spend on employee payroll expenses during the year and compare employee payroll expenses to the annual budget for those costs. YTD is also important for filling out employee Form W-2s. When changing payroll software, entering in YTD payrolls is important so that taxable wage bases are calculated correctly. Employees can see their YTD payroll earnings on their pay stubs.

To calculate YTD payroll, one must consider each employees gross incomes, which can be found on their pay stubs. To easily calculate a companys YTD payroll, gather each employees pay stub and calculate the year-to-date gross incomes.