QAD 2017 Enterprise Edition > User Guides > Fixed Assets > Creating and Managing Fixed Assets > Converting to Multi-Currency Fixed Assets from Earlier Versions
  
Converting to Multi-Currency Fixed Assets from Earlier Versions
In QAD EE versions before 2014, the Fixed Assets module only supports base currency. From QAD EE 2014 onward, Fixed Assets supports multiple currencies, which means that you can set any currency for each book of a fixed asset. The book currency becomes the transaction currency of the fixed asset postings in the whole fixed asset life. The corresponding base currency value and statutory currency value are calculated according to the historical statutory exchange rate specified at the capitalization of the fixed asset.