Crysta- YTD formula

Can someone please tell me what this means:
if {openeddate} in iif(month(currentdate)=1, minimum(LastYearYTD) to date(year(currentdate)-1,12,31),YearToDate) and {openeddate}<= maximum(LastFullMonth) then
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It is testing whether openeddate is in the current year excluding the current month, unless the current month is January, when it is testing to see if Openeddate is in the last calendar year.

If the date is in the required range the value 1 is output from the formula else a value of 0 is output.

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It is probably being used to count the records in the last year or in the current year through the last month.

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