New Company and Inventory BU

We are going from NFP to for Profit, we know we need to set up a new GL BU for new EIN etc.  Can we use the current inventory BU's and pars, but just switch the GL BU?  Will this cause issues?

We are thinking the sequence of events would be:

1. Count down inventory in old BU to zero and post entries.

2. Switch GL unit on inventory BU's and count inventory to get the balance on the books

Will this have adverse impacts in inventory?

Thanks for any suggestions or past experiences in advance.