Yes, SMGF makes the correct adjustments. In fact you can convert results to different nomenclatures by simply switching the selected lab. The only problem comes when people want to enter FTDNA results in Y-Search. FTDNA has not coverted the database to their standard nomenclature.
To convert from FTDNA to Y-Search, subtract the following from your FTDNA results: DYS452 -19 DYS463 -2