We have one inventory item which is of the type “item” and it is a component in many BOMs and we have done pretty lot of transactions on this.
We would like to change the type from “item” to “BOM”.
Is this recommended and what all repurcussion will be there on the System?
No real repercussions outside the obvious. The BOM line still treats it as an item unless you change the type on the BOM so if you are planning it would suggest production not purchasing which really means you need an active BOM and routing. Costing would be a consideration depending upon your costing method.