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How does Vanilla Progress calculate TY vs LY variance?

April 26, 2017CALCULATE ly progress ty Vanilla variance vs

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How does Vanilla Progress calculate TY vs LY variance?

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The TY vs LY comparison is based on a day-on-day comparison, such as Monday TY vs Monday from LY in the same week of the month. This is to ensure a comparable match-up between two values. July 1st maybe a Monday this year, but a Sunday last year. Because of this calendar shift, businesses that generate more revenue on weekends than weekdays need to look at their performance on a day-on-day basis for a true meaningful comparison.