Change in cost centre codes involving Procurement Accounts and Inventory(Subinventory)

Dear All,

What will be the impact of updating the cost centre codes in Procurement Accounts such as the Accrual, Clearing, Receiving and Employee default accounts? These account segments unlike sub-inventory accounts allow update. But we are not sure about the impact. Is updating these accounts a standard practice? Our client has decided to update cost centre codes for Inventory and Procurement from next period i.e. September. Are there any prerequisites before updating these accounts with new cost centre code?

Any help in this regard would be grateful.

 Thanks and Regards,

Ranganath