YTD By Default, a year level was expected. No such level was found in the cube Error in MDX

"By Default, a year level was expected. No such level was found in the cube" is the most common error in MDX when a newbie in MDX is using YTD function. YTD is one of very powerful functions provided my Microsoft in MDX. YTD gives YEAR to DATE value of the measure passed. PFB the syntax of YTD function.