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    Difference BW PTD and YTD

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    chinbom
    PTD refers to the balance for the current period only, not including any opening balances or activity from prior periods. YTD refers to the balance from the start of the fiscal year to the end of the current period, including all activity and transactions from the beginning of the fiscal year. The document discusses an example to illustrate the difference, showing that the PTD for a period includes only transactions within that period, while the YTD includes the accumulated balance of all transactions from the start of the fiscal year through the end of the current period.

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    Difference BW PTD and YTD

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    chinbom
    835 views5 pages
    PTD refers to the balance for the current period only, not including any opening balances or activity from prior periods. YTD refers to the balance from the start of the fiscal year to the end of the current period, including all activity and transactions from the beginning of the fiscal year. The document discusses an example to illustrate the difference, showing that the PTD for a period includes only transactions within that period, while the YTD includes the accumulated balance of all transactions from the start of the fiscal year through the end of the current period.

    Original Description:

    GL PTF and YTF

    Original Title

    Difference Bw PTD and YTD

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    PTD refers to the balance for the current period only, not including any opening balances or activity from prior periods. YTD refers to the balance from the start of the fiscal year to the end of the current period, including all activity and transactions from the beginning of the fiscal year. The document discusses an example to illustrate the difference, showing that the PTD for a period includes only transactions within that period, while the YTD includes the accumulated balance of all transactions from the start of the fiscal year through the end of the current period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    835 views5 pages

    Difference BW PTD and YTD

    Uploaded by

    chinbom
    PTD refers to the balance for the current period only, not including any opening balances or activity from prior periods. YTD refers to the balance from the start of the fiscal year to the end of the current period, including all activity and transactions from the beginning of the fiscal year. The document discusses an example to illustrate the difference, showing that the PTD for a period includes only transactions within that period, while the YTD includes the accumulated balance of all transactions from the start of the fiscal year through the end of the current period.

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    © All Rights Reserved
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    Difference b/w PTD and YTD

    2713072 212 posts since Jul 15, 2014


    Difference b/w PTD and YTD Mar 6, 2015 12:13 PM
    Hi,

    I want to clear my concept about YTD and PTD Balance although it shows Period to Date and YTD but i want
    detail and also in reference to date range on gl inquiry form for a specific combination .

    Regards

    nadiabratu-Oracle 185 posts since Jan 18, 2014


    Re: Difference b/w PTD and YTD Mar 6, 2015 2:09 PM
    Hi,

    In order to review balance for an account choose the Show Balances button from the Account Inquiry window:
    You see information for each accounting Period and Currency in your selection criteria, including the PTD
    and YTD balances for your summary or detail account. General Ledger displays all debit balances as positive
    amounts, and creditbalances as negative amounts.
    In a functional currency row, the balances include amounts entered in your functional currency, plus amounts
    converted from any foreign currency journals. Because the converted amounts are included in the displayed
    balances, there are no Converted PTD or YTD balances for your functional currency.
    If you are performing the inquiry for a single foreign currency using the Entered currency type, the PTD and
    YTD balances include only amounts from journals entered in the foreign currency. You also see the Converted
    PTD and YTD amounts, which are the functional currency equivalents of the foreign currency amounts. If
    you are performing the inquiry for a single foreign currency using the Translated currency type, you see PTD
    and YTD balances translated from your functional currency to the foreign currency. Note that there are no
    Converted PTD or YTD balances.

    As for the date range, the PTD and YTD date ranges are determined based on your calendar definition for
    Period and Year.

    I hope this helps.

    Regards,
    Nadia

    2713072 212 posts since Jul 15, 2014


    Re: Difference b/w PTD and YTD Mar 7, 2015 5:34 AM

    1
    Difference b/w PTD and YTD

    Hi,

    This input is really helpful bu let me explain my question in more detail, What i want to ask actually is what is
    difference b/w YTD and PTD and what is impact on Balance calculation when we change the date parameter
    on Balance Inquiry form.

    Thanks.

    Mohammed Ahmad 1,168 posts since Jun 23, 2010


    Re: Difference b/w PTD and YTD Mar 7, 2015 3:05 PM
    in response to 2713072
    Hello,
    Hope your are doing well,
    Let me answer your within the context of the following example/assumptions:
    1- Your fiscal year is the calender year: i.e. Jan-15 to Dec-15 (no adjustment periods)
    2- Current Period is Mar-15

    Now, in reports/query, what the PTD will differ in demonstrating account(s) balances from YTD:
    For Example in Trial Balance Report:
    YTD when query period is Mar-15:
    Account Beginning Balance is the balance as of 31-Dec-14; if the account is either expense or revenue,
    normally, it will have a beginning balance of zero
    Activity: the balance of transactions occurred over the periods of Jan-15 to Mar-15
    Ending Balance: The beginning balance (Dec-14) plus Jan-Mar/15 activity net result

    PTD when query period is Mar-15:


    Account Beginning Balance is the balance as of 28-Feb-15
    Activity: the balance of transactions occurred in Mar-15 only
    Ending Balance: The beginning balance (Feb-15) plus Mar-15 activity net result (should be the same as YTD
    ending balance)

    Now, in GL Account inquiry, you may noticed that balances are retrieved for both PTD and YTD
    In this Inquiry, the PTD always represents only the net activity for period selected whereas the YTD represents
    the total running balance (all periods) of account as of current period

    Please let me know if your need further explanation for your question; if yes, please identify the report/query
    you are using.

    Regards,
    If this reply answers your question, please mark it as Correct/Helpful so that other MOSC members can
    refer to

    2
    Difference b/w PTD and YTD

    2712651
    Re: Difference b/w PTD and YTD Mar 8, 2015 2:30 PM
    Hey
    PTD balance means net activity in an account in a given period. Period is usually equals to a month.
    YTD balance means net activity in an account from the beginning of time till the end of the given period.
    For example
    lets say you stated a business in Jan 15. You debited the Cash account by 100 and 200 by Jan15 and 100 by
    Fed 15.
    PTD balance for cash account for Jan15 is 300 and for Feb15 is 100
    YTD balance for cash account for for Jan15 is 300 and for Feb15 is 400

    2713072 212 posts since Jul 15, 2014


    Re: Difference b/w PTD and YTD Mar 10, 2015 4:38 AM
    in response to 2712651
    Hi,

    Thanks to all for you input,I am writing down my understanding will appreciate if you comment on this

    PTD:-
    It is the Balance Which shows Period Activity only and does not consider the Opening and shows the Closing
    Balance for s Period if There any.
    YTD:-
    It shows the impact since very 1st transaction in an account and calculate the Opening at the date which is
    Date from (on Account Inquiry form(If Date range is after the 1st activity Date))

    Say i have start my Business in Jan-2012 (Fiscal Year From Jan-Dec) and Debit a Account

    Jan-12 100
    Feb-12 200
    Mar-12 300
    Apr-12 400
    May-12 500
    Jun-12 600
    Jul-12 700
    Aug-12 800
    Sep-12 900
    Oct-12 1000
    Nov-12 1100
    Dec-12 1200

    3
    Difference b/w PTD and YTD

    and in the Year-2013 as

    Jan-13 1300
    Feb-13 1400
    Mar-13 1500

    Now if i Query the Balance using the Period Range on Account Inquiry Page (From Jan-13 to Mar-13) then it
    shows the PTD Balance from Jan-13 to Mar-13 as
    Jan-13 1300
    Feb-13 1400
    Mar-13 1500

    and YTD as for the date range Jan-13 to Mar-13


    Jan-13 8100
    Feb-13 9500
    Mar-13 11000

    Regards

    Mohammed Ahmad 1,168 posts since Jun 23, 2010


    Re: Difference b/w PTD and YTD Mar 10, 2015 7:15 AM
    in response to 2713072
    You are right
    Note: in YTD calculation you missed 1000

    The correct YTD sum:

    9100
    10500
    12000

    2710213 38 posts since Jul 10, 2014


    Re: Difference b/w PTD and YTD Mar 10, 2015 7:30 AM
    in response to Mohammed Ahmad
    Hi

    I also got confused . Later got figure it out that he has missed 1000.

    Mohammed Ahmad 1,168 posts since Jun 23, 2010

    4
    Difference b/w PTD and YTD

    Re: Difference b/w PTD and YTD Mar 10, 2015 8:03 AM
    in response to 2710213
    OK,
    I think your question was answered,
    If yes, please mark the replies that help you to answer your question as Correct/Helpful so that other
    MOSC members refer to
    Note: you cannot mark a reply as Correct/Helpful from your inbox, you have to open the discussion first

    Thanks for using MOS community

    2713072 212 posts since Jul 15, 2014


    Re: Difference b/w PTD and YTD Mar 12, 2015 5:56 AM
    Hi, I missed the figure of 1000 but concept is ok

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