It depends on the way the software handles the file formats. Also, it's a big jump from 7.0 to 11.0 and you should expect to encounter compatibility issues, but other than that you can simply go on with the procedure. Make sure to created backups of the files that you add to the application because a different version will corrupt the files if it doesn't support it.
I've searched the web with hope to find an official answer related to this inquiry, but it appears there isn't one available.