Transferring Loans/Motor vehicle assets to new QB Profile

Hi,

We have created a new profile as the business has changed from sole trader to company.  We have loans for vehicles/machinery and I was wondering if I have to add these accounts to the new profile under Motor Vehicle at cost fixed assets? The finance was taken out when my husband was a sole trader so ownership of these assets is not owned by the Company but we have updated the bank account details so they will be deducted from the new business.