You can change a master record after it is released. To do so, cancel the release of the master record. As a result, the status of the record is changed to Cancelled.
You can again edit, approve, and release a cancelled master record.
Steps
Click Master data management - Operation.
Click the Master data tab.
In the list, find and select the desired record.
Click Status.
Click Cancel.
Note
You can also Cancel a master record release directly from a D365 F&SCM record page (Action pane > Master data management tab). You can only do this if the dynamics menu form setup is defined for the relevant master data entity.