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.