For users upgrading from an earlier QAD ERP application version, the conversion process must create Fixed Assets intercompany accounts for every entity, even if this module is not used. In the absence of a specific Fixed Assets intercompany account, the conversion uses the inventory intercompany account.

If you decide to implement the Fixed Assets module after conversion, the system starts recording both inventory and Fixed Assets intercompany transactions on the same account. If you want to use separate accounts for these areas, change the Fixed Assets intercompany account after the conversion process.