Need Clarification-Asset Location Effective Date in Basic Add Page

Asset is created in our system without Location Id in the Fiscal year Jan-2022 . Later in Sep-2022 user wants to tag the Location Id of the asset in Basic Add Page , system throws error stating "location id is not effective for this date ".Need to know whether changing the effective date of the asset to latest date and then tagging the location id will cause any impact in AM process flow .