QTD

Most accounting software (like Oracle E-business and others) have tables that show balance sheets, activities, and ending balances which depict the YTD and QTD amounts for each month. For QTD, one can get an option like April beginning Balance, which means the quarter starts from April to Jun.

The Ending balance of June can be used in the next quarter. Mainly, it refers to the sum of values within the given period of the fiscal quarter Q1, Q2, Q3 or Q4, or the calendar year to indicate the beginning of the tax year.

Depending on the format used by the firm for the computation of earnings or profits – the dates for such calculations can be set where QTD is used for the quarter to date, MTD for the month to date, and YTD for the year to date.

It refers to the starting period from the beginning of the current month until now but may not include today's date as it is not complete yet.

It works as a tool that can help to identify trends and predict future behaviour or risk related to a firm. It can be used to get reports that can answer yearly problems or provide sales trend details in particular seasons or months. 

Such calculation can determine when the company needs to work more or allot more resources to cope with future demand.

Generally, the monthly periods are based on the standard calendar year; quarterly and annual are taken as the beginning of the financial year. It is necessary to get the accurate fiscal year in the company's software settings to get appropriate reports or data related to the duration.