Hi Julie
Just got around to trying this and it works well in the situation I have so thank you for that.
A note though is that if you perform a conversion to the new fixed assets then as the transaction can only be entered in as at the end of the financial year that you cannot enter revaluations for the last financial year if you need to ie client gets conversion from 8.82 to 9.1 for 14/15 year in say August. Then their accounts get finalized later on in say December and they want to perform a revaluation to the 14/15 data then they will be unable to.
Message : Fiscal Year FY1415 is not enabled for Fixed Assets: change the fiscal year.