what happens when you change the default deferral account of a amortization schedule which has already started ?

AI generated answer (using internal Slack threads):

When you change the default deferral account of an amortization schedule that has already started, the system will not retroactively adjust the deferral account for transactions that have already been posted. The new deferral account will only be used for future transactions. If the deferral account was changed after the Vendor Bill was created, the system would still use the old deferral account for that particular bill. This is because the deferral account associated with the bill at the time of its creation is the one that gets used, regardless of any changes made to the deferral account afterwards. If you need to adjust the deferral account for a transaction that has already been posted, you would need to manually make a journal entry to correct it. Please note that changing the deferral account on an amortization schedule that has already started and has posted transactions is not recommended, as it can lead to discrepancies in your financial reports. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******