Effects on Historical Transactions from Changing a Line Item Code's GL Account

This guide explains the impact of changing GL Accounts for an LIC. It is intended for advanced users.

Question

When I change a line item code's GL Account assignment, does it automatically reassign the GL Account to historical transactions involving that line item code record?

 Answer

No, historical transaction are not affected when you change a line item code's GL Account assignment. The change only affects new transactions going forward. 

However, you can manually reassign historical transactions to a different GL Account