http://www.lupinepartners.com/data-conversion - David Wolfe of Lupine Partners discusses the implications of a mid-year Yardi Voyager software data conversion on year-to-date vendor payments and 1099's.
We’ve seen this both ways. It’s easier to do two 1099s, because there aren’t any conversion ramifications. (You just print a 1099 from each system.) This is fine with the IRS. Remember that 1099s are not part of the company’s mission - it is a reporting requirement by the IRS with a $50 fine per vendor if you don’t do it. If you decide to produce the 1099s for the entire year out of Yardi, then the best use-of-time strategy is to wait until after the implementation is done to import and validate the data. It’s not necessary to have imported Year-to-Date vendor payments as part of a core go-live strategy.
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