diff --git a/lib/redmine_contracts/budget_plugin_migration.rb b/lib/redmine_contracts/budget_plugin_migration.rb
index b9c22d0..d27b325 100644
--- a/lib/redmine_contracts/budget_plugin_migration.rb
+++ b/lib/redmine_contracts/budget_plugin_migration.rb
@@ -58,6 +58,8 @@ module RedmineContracts
           case old_deliverable['type']
           when 'FixedDeliverable'
             @total_cost = old_deliverable['fixed_cost']
+            convert_old_fixed_deliverable_to_fixed_budgets(deliverable, old_deliverable)
+            
           when 'HourlyDeliverable'
             @total_cost = old_deliverable['total_hours'].to_f * old_deliverable['cost_per_hour'].to_f
 
@@ -153,6 +155,26 @@ module RedmineContracts
       end
     end
 
+    def self.convert_old_fixed_deliverable_to_fixed_budgets(deliverable, old_deliverable)
+      if old_deliverable['fixed_cost'].present?
+        budget = old_deliverable['fixed_cost']
+      else
+        budget = 0
+      end
+
+      if old_deliverable['profit'].present?
+        markup = old_deliverable['profit']
+      elsif old_deliverable['profit_percent'].present?
+        markup = old_deliverable['profit_percent'].to_s + "%"
+      else
+        markup = '0'
+      end
+      
+      deliverable.fixed_budgets << FixedBudget.new(:deliverable => deliverable,
+                                                   :budget => budget,
+                                                   :markup => markup)
+    end
+
     def self.append_old_deliverable_to_notes(old_deliverable, new_deliverable)
       new_deliverable.notes += "Converted data:\n<pre>" + old_deliverable.pretty_inspect + "</pre>"
     end
diff --git a/test/integration/budget_plugin_migration_test.rb b/test/integration/budget_plugin_migration_test.rb
index 22d93ca..69bad59 100644
--- a/test/integration/budget_plugin_migration_test.rb
+++ b/test/integration/budget_plugin_migration_test.rb
@@ -115,7 +115,7 @@ class BudgetPluginMigrationTest < ActionController::IntegrationTest
     end
 
     should "create a new Fixed Budget record for any materials" do
-      assert_difference("FixedBudget.count", 2) do
+      assert_difference("FixedBudget.count", 3) do
         RedmineContracts::BudgetPluginMigration.migrate(@data)
       end
 
@@ -125,7 +125,7 @@ class BudgetPluginMigrationTest < ActionController::IntegrationTest
     end
 
     should "create a new Fixed Budget record for any materials percent" do
-      assert_difference("FixedBudget.count", 2) do
+      assert_difference("FixedBudget.count", 3) do
         RedmineContracts::BudgetPluginMigration.migrate(@data)
       end
 
@@ -153,6 +153,16 @@ class BudgetPluginMigrationTest < ActionController::IntegrationTest
         d = FixedDeliverable.find_by_title("Version 1.0")
         assert_equal 93_000, d.total
       end
+
+      should "add a FixedBudget item for the total deliverable" do
+        RedmineContracts::BudgetPluginMigration.migrate(@data)
+        d = FixedDeliverable.find_by_title("Version 1.0")
+
+        assert_equal 1, d.fixed_budgets.count
+        fixed_budget_item = d.fixed_budgets.first
+        assert_equal 30_000, fixed_budget_item.budget
+        assert_equal "150%", fixed_budget_item.markup
+      end
     end
 
     context "converting Hourly Deliverables" do