We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What Does "Actual to Date" Mean?

By Maggie Worth
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

"Actual to date" is a business and accounting term. It indicates an amount, often of money, that has been made or expended between a specified start time and the present. It specifically describes the total that has been actually realized, as opposed to the total that is planned.

In many cases, this phrase applies to funds. These can be incoming or outgoing funds and can be applied to projects large or small. For example, a large manufacturing facility might want to know its total dollar of sales, actual to date. This would mean the sum total of all monies collected between the first of the fiscal year and the current date. This would not generally include jobs that have been contracted but not yet paid, as a sale is incomplete until both product and payment have been delivered.

The same principle applies to expenditures actual to date. This number would include all monies actually spent up to the present time, but would not include monies promised. In more complex accounting models, accrual methods may change the meaning of the word "actual," but in general, this term is used specifically to refer to money actually spent or received.

The purpose of an actual to date figure is usually to compare actual performance against projected performance. Specifically, it is to ensure that the company or project is on budget. These figures may also be necessary to plan cash flow. If a company has a low level of accessible capital, for example, it might need to know its actual to date sales so that it can determine how much money it has on hand for a purchase or other expenditure.

Money is not the only area in which the term is used, however. A production facility might want to know how many items it has produced actual to date. This would include all items that are complete, but exclude items that are partially finished.

Actual to date can, in fact, apply to just about anything that needs to be counted. A retail store, for instance, might want to know how many customers have come into the store so it can evaluate the effectiveness of a marketing plan. Likewise, a baker might want to know the actual to date amount of flour used so he can ensure that he has enough on hand to complete all his jobs for the day.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.