diff --git a/client/src/config/preferencesMenu.js b/client/src/config/preferencesMenu.js
index d2af17598..019555d4a 100644
--- a/client/src/config/preferencesMenu.js
+++ b/client/src/config/preferencesMenu.js
@@ -21,4 +21,9 @@ export default [
     disabled: false,
     href: '/preferences/accountant',
   },
+  {
+    text: <T id={'items'}/>,
+    disabled: false,
+    href: '/preferences/items',
+  },
 ];
diff --git a/client/src/containers/Preferences/Item/Item.js b/client/src/containers/Preferences/Item/Item.js
new file mode 100644
index 000000000..bc2e888ae
--- /dev/null
+++ b/client/src/containers/Preferences/Item/Item.js
@@ -0,0 +1,14 @@
+import React from 'react';
+import ItemFormPage from './ItemFormPage';
+import { ItemFormProvider } from './ItemFormProvider';
+
+/**
+ * items preferences.
+ */
+export default function ItemsPreferences() {
+  return (
+    <ItemFormProvider>
+      <ItemFormPage />
+    </ItemFormProvider>
+  );
+}
diff --git a/client/src/containers/Preferences/Item/Item.schema.js b/client/src/containers/Preferences/Item/Item.schema.js
new file mode 100644
index 000000000..ccb5698f2
--- /dev/null
+++ b/client/src/containers/Preferences/Item/Item.schema.js
@@ -0,0 +1,9 @@
+import * as Yup from 'yup';
+
+const Schema = Yup.object().shape({
+  sell_account: Yup.number().nullable().required(),
+  cost_account: Yup.number().nullable().required(),
+  inventory_account: Yup.number().nullable().required(),
+});
+
+export const ItemPreferencesSchema = Schema;
diff --git a/client/src/containers/Preferences/Item/ItemForm.js b/client/src/containers/Preferences/Item/ItemForm.js
new file mode 100644
index 000000000..5ac6cf265
--- /dev/null
+++ b/client/src/containers/Preferences/Item/ItemForm.js
@@ -0,0 +1,133 @@
+import React from 'react';
+import { Form, FastField, useFormikContext } from 'formik';
+import { FormGroup, Button, Intent } from '@blueprintjs/core';
+import { AccountsSelectList, FieldRequiredHint } from 'components';
+import { FormattedMessage as T, useIntl } from 'react-intl';
+import { useHistory } from 'react-router-dom';
+import { inputIntent } from 'utils';
+import { ACCOUNT_PARENT_TYPE, ACCOUNT_TYPE } from 'common/accountTypes';
+
+import { useItemFormContext } from './ItemFormProvider';
+
+/**
+ * item form preferences.
+ */
+export default function ItemForm() {
+  const history = useHistory();
+  const { accounts } = useItemFormContext();
+
+  const { isSubmitting } = useFormikContext();
+
+  const handleCloseClick = () => {
+    history.go(-1);
+  };
+
+  return (
+    <Form>
+      {/* ----------- preferred sell account ----------- */}
+      <FastField name={'sell_account'}>
+        {({
+          form: { values, setFieldValue },
+          field: { value },
+          meta: { error, touched },
+        }) => (
+          <FormGroup
+            label={
+              <strong>
+                <T id={'preferred_sell_account'} />
+              </strong>
+            }
+            helperText={
+              'Select a preferred account to deposit into it after customer make payment.'
+            }
+            labelInfo={<FieldRequiredHint />}
+            intent={inputIntent({ error, touched })}
+          >
+            <AccountsSelectList
+              accounts={accounts}
+              onAccountSelected={({ id }) => {
+                setFieldValue('sell_account', id);
+              }}
+              selectedAccountId={value}
+              defaultSelectText={<T id={'select_payment_account'} />}
+              filterByParentTypes={[ACCOUNT_PARENT_TYPE.INCOME]}
+            />
+          </FormGroup>
+        )}
+      </FastField>
+
+      {/* ----------- preferred cost account ----------- */}
+      <FastField name={'cost_account'}>
+        {({
+          form: { values, setFieldValue },
+          field: { value },
+          meta: { error, touched },
+        }) => (
+          <FormGroup
+            label={
+              <strong>
+                <T id={'preferred_cost_account'} />
+              </strong>
+            }
+            helperText={
+              'Select a preferred account to deposit into it after customer make payment.'
+            }
+            labelInfo={<FieldRequiredHint />}
+            intent={inputIntent({ error, touched })}
+          >
+            <AccountsSelectList
+              accounts={accounts}
+              onAccountSelected={({ id }) => {
+                setFieldValue('cost_account', id);
+              }}
+              selectedAccountId={value}
+              defaultSelectText={<T id={'select_payment_account'} />}
+              filterByParentTypes={[ACCOUNT_PARENT_TYPE.EXPENSE]}
+            />
+          </FormGroup>
+        )}
+      </FastField>
+
+      {/* ----------- preferred inventory account ----------- */}
+      <FastField name={'inventory_account'}>
+        {({
+          form: { values, setFieldValue },
+          field: { value },
+          meta: { error, touched },
+        }) => (
+          <FormGroup
+            label={
+              <strong>
+                <T id={'preferred_inventory_account'} />
+              </strong>
+            }
+            helperText={
+              'Select a preferred account to deposit into it vendor advanced deposits.'
+            }
+            labelInfo={<FieldRequiredHint />}
+            intent={inputIntent({ error, touched })}
+          >
+            <AccountsSelectList
+              accounts={accounts}
+              onAccountSelected={({ id }) => {
+                setFieldValue('inventory_account', id);
+              }}
+              selectedAccountId={value}
+              defaultSelectText={<T id={'select_payment_account'} />}
+              filterByTypes={[ACCOUNT_TYPE.INVENTORY]}
+            />
+          </FormGroup>
+        )}
+      </FastField>
+
+      <div className={'card__footer'}>
+        <Button intent={Intent.PRIMARY} disabled={isSubmitting} type="submit">
+          <T id={'save'} />
+        </Button>
+        <Button onClick={handleCloseClick}>
+          <T id={'close'} />
+        </Button>
+      </div>
+    </Form>
+  );
+}
diff --git a/client/src/containers/Preferences/Item/ItemFormPage.js b/client/src/containers/Preferences/Item/ItemFormPage.js
new file mode 100644
index 000000000..e9bbdcfc2
--- /dev/null
+++ b/client/src/containers/Preferences/Item/ItemFormPage.js
@@ -0,0 +1,79 @@
+import React, { useEffect } from 'react';
+import { Formik } from 'formik';
+import { Intent } from '@blueprintjs/core';
+import classNames from 'classnames';
+import { CLASSES } from 'common/classes';
+import { AppToaster } from 'components';
+import { useIntl } from 'react-intl';
+import { ItemPreferencesSchema } from './Item.schema';
+import ItemForm from './ItemForm';
+
+import { useItemFormContext } from './ItemFormProvider';
+import withDashboardActions from 'containers/Dashboard/withDashboardActions';
+import withSettings from 'containers/Settings/withSettings';
+import { compose, optionsMapToArray, transformGeneralSettings } from 'utils';
+
+import 'style/pages/Preferences/Accounting.scss';
+
+// item form page preferences.
+function ItemFormPage({
+  // #withSettings
+  itemsSettings,
+  //# withDashboardActions
+  changePreferencesPageTitle,
+}) {
+  const { formatMessage } = useIntl();
+  const { saveSettingMutate } = useItemFormContext();
+
+  const initialValues = {
+    ...transformGeneralSettings(itemsSettings),
+  };
+
+  useEffect(() => {
+    changePreferencesPageTitle(formatMessage({ id: 'items' }));
+  }, [changePreferencesPageTitle]);
+
+  const handleFormSubmit = (values, { setSubmitting, setErrors }) => {
+    const options = optionsMapToArray(values).map((option) => {
+      return { key: option.key, ...option, group: 'items' };
+    });
+
+    const onSuccess = () => {
+      AppToaster.show({
+        message: formatMessage({
+          id: 'the_items_preferences_has_been_saved',
+        }),
+        intent: Intent.SUCCESS,
+      });
+      setSubmitting(false);
+    };
+
+    const onError = (errors) => {
+      setSubmitting(false);
+    };
+    saveSettingMutate({ options }).then(onSuccess).catch(onError);
+  };
+
+  return (
+    <div
+      className={classNames(
+        CLASSES.PREFERENCES_PAGE_INSIDE_CONTENT,
+        CLASSES.PREFERENCES_PAGE_INSIDE_CONTENT_ACCOUNTANT,
+      )}
+    >
+      <div className={classNames(CLASSES.CARD)}>
+        <Formik
+          initialValues={initialValues}
+          validationSchema={ItemPreferencesSchema}
+          onSubmit={handleFormSubmit}
+          component={ItemForm}
+        />
+      </div>
+    </div>
+  );
+}
+
+export default compose(
+  withSettings(({ itemsSettings }) => ({ itemsSettings })),
+  withDashboardActions,
+)(ItemFormPage);
diff --git a/client/src/containers/Preferences/Item/ItemFormProvider.js b/client/src/containers/Preferences/Item/ItemFormProvider.js
new file mode 100644
index 000000000..a70f27c1a
--- /dev/null
+++ b/client/src/containers/Preferences/Item/ItemFormProvider.js
@@ -0,0 +1,34 @@
+import React, { useContext, createContext } from 'react';
+import { LoadingIndicator } from 'components';
+
+import { useAccounts, useSaveSettings } from 'hooks/query';
+
+const ItemFormContext = createContext();
+
+/**
+ * Item data provider.
+ */
+
+function ItemFormProvider({ ...props }) {
+  // Fetches the accounts list.
+  const { isLoading: isAccountsLoading, data: accounts } = useAccounts();
+
+  // Save Organization Settings.
+  const { mutateAsync: saveSettingMutate } = useSaveSettings();
+
+  // Provider state.
+  const provider = {
+    accounts,
+    saveSettingMutate,
+  };
+
+  return (
+    <LoadingIndicator loading={isAccountsLoading}>
+      <ItemFormContext.Provider value={provider} {...props} />
+    </LoadingIndicator>
+  );
+}
+
+const useItemFormContext = () => useContext(ItemFormContext);
+
+export { useItemFormContext, ItemFormProvider };
diff --git a/client/src/containers/Settings/withSettings.js b/client/src/containers/Settings/withSettings.js
index d775e9c43..04f104343 100644
--- a/client/src/containers/Settings/withSettings.js
+++ b/client/src/containers/Settings/withSettings.js
@@ -5,13 +5,14 @@ export default (mapState) => {
     const mapped = {
       organizationSettings: state.settings.data.organization,
       manualJournalsSettings: state.settings.data.manualJournals,
-      billsettings: state.settings.data.bills,
+      billPaymentSettings: state.settings.data.billPayments,
       paymentReceiveSettings: state.settings.data.paymentReceives,
       estimatesSettings: state.settings.data.salesEstimates,
       receiptSettings: state.settings.data.salesReceipts,
       invoiceSettings: state.settings.data.salesInvoices,
       itemsSettings: state.settings.data.items,
       expenseSettings: state.settings.data.expenses,
+      accountsSettings: state.settings.data.accounts,
     };
     return mapState ? mapState(mapped, state, props) : mapped;
   };
diff --git a/client/src/routes/preferences.js b/client/src/routes/preferences.js
index 4a3b88418..e66835ad5 100644
--- a/client/src/routes/preferences.js
+++ b/client/src/routes/preferences.js
@@ -3,6 +3,7 @@ import Users from 'containers/Preferences/Users/Users';
 import Accountant from 'containers/Preferences/Accountant/Accountant';
 import Accounts from 'containers/Preferences/Accounts/Accounts';
 import Currencies from 'containers/Preferences/Currencies/Currencies';
+import Item from 'containers/Preferences/Item/Item';
 
 const BASE_URL = '/preferences';
 
@@ -27,4 +28,9 @@ export default [
     component: Accountant,
     exact: true,
   },
+  {
+    path: `${BASE_URL}/items`,
+    component: Item,
+    exact: true,
+  },
 ];
diff --git a/server/src/data/options.js b/server/src/data/options.js
index 970742436..f9860b162 100644
--- a/server/src/data/options.js
+++ b/server/src/data/options.js
@@ -4,7 +4,7 @@ export default {
       type: "string",
     },
     base_currency: {
-      type: 'string',
+      type: "string",
     },
     industry: {
       type: "string",
@@ -13,50 +13,50 @@ export default {
       type: "string",
     },
     fiscal_year: {
-      type: 'string',
+      type: "string",
     },
     financial_date_start: {
-      type: 'string',
+      type: "string",
     },
     language: {
-      type: 'string',
+      type: "string",
     },
     time_zone: {
-      type: 'string',
+      type: "string",
     },
     date_format: {
-      type: 'string',
+      type: "string",
     },
     accounting_basis: {
-      type: 'string',
-    }
+      type: "string",
+    },
   },
   manual_journals: {
     next_number: {
-      type: 'string',
+      type: "string",
     },
     number_prefix: {
-      type: 'string',
+      type: "string",
     },
     auto_increment: {
-      type: 'boolean',
-    }
+      type: "boolean",
+    },
   },
   bill_payments: {
     withdrawal_account: {
-      type: 'string'
+      type: "number",
     },
   },
   sales_estimates: {
     next_number: {
-      type: 'string',
+      type: "string",
     },
     number_prefix: {
-      type: 'string',
+      type: "string",
     },
     auto_increment: {
       type: "boolean",
-    }
+    },
   },
   sales_receipts: {
     next_number: {
@@ -70,7 +70,7 @@ export default {
     },
     preferred_deposit_account: {
       type: "number",
-    }
+    },
   },
   sales_invoices: {
     next_number: {
@@ -91,37 +91,37 @@ export default {
       type: "string",
     },
     auto_increment: {
-      type: 'boolean',
+      type: "boolean",
     },
     deposit_account: {
-      type: 'number',
+      type: "number",
     },
     advance_deposit: {
-      type: 'number',
-    }
+      type: "number",
+    },
   },
   items: {
     sell_account: {
-      type: 'number',
+      type: "number",
     },
     cost_account: {
-      type: 'number',
+      type: "number",
     },
     inventory_account: {
-      type: 'number',
+      type: "number",
     },
   },
   expenses: {
     preferred_payment_account: {
       type: "number",
-    }
+    },
   },
   accounts: {
     account_code_required: {
-      type: 'boolean',
+      type: "boolean",
     },
     account_code_unique: {
-      type: 'boolean',
-    }
-  }
+      type: "boolean",
+    },
+  },
 };