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Item Accounting > Do Not Update COGS and Asset Accounts Preference
Hi
Under the account tab for Items we have the Income Account & Expense Account (see below), these need to be changed but we don't want the accounts in the historical transaction updated.
I heard if you tick the "Do Not Update COGS and Asset Accounts on existing transactions when Accounts are changed." then this will not change any historical transactions?
Is this correct? Also if the Accounting periods are not closed would that be a factor as well?
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