What is the implication of configuring "Entered Currency Balancing Account" as a P&L account

Please advise what is the implication of configuring the account type for the "Entered Currency Balancing Account" as a P&L account (either Expense or Revenue). Is there any adverse impact of configuring this account as a P&L account. The expectation is that as the account would have net zero amount (with equal debits and credits), it should be acceptable to configure it as a P&L account. Please confirm.