Hi all, I’m facing an issue when changing GL accounts on item records in NetSuite. Specifically: • We can update COGS and Asset accounts on items without any problem, and past transactions remain unchanged. • However, changing the Income Account on an item updates both past and future transactions, affecting historical data. I’m aware of Enhancement #48012, which aims to provide an option to prevent past transactions from updating when changing income accounts, but this feature isn’t available yet. Has anyone encountered this difference before or knows a workaround to update the Income Account without modifying past transactions? Thanks in advance!

There is no option. You would have to make a new item record with the correct account and inactivate the old item Or hope NetSuite comes out with an update soon

Could you let me know why we can update COGS and Asset though?

That is a newer feature that NetSuite enabled a few years ago. Not sure why they didn’t include income accounts as well

Okay Got it.