If you do that, your meter will read several stops off.Matt-I don't see any "transfer" scale on my meters. Perhaps I am missing something quite obvious? One simply reads the EV values, and moves the dial.
My luna-pro has a silver EV scale and a yellow transfer scale. You have to use the yellow scale to set the dial calculator. The EV scale is several stops different. I'm not sure why there are two scales at all.