diff --git a/client/src/containers/Items/ItemForm.js b/client/src/containers/Items/ItemForm.js
index b30b6c3ee..89af435d6 100644
--- a/client/src/containers/Items/ItemForm.js
+++ b/client/src/containers/Items/ItemForm.js
@@ -43,9 +43,6 @@ const defaultInitialValues = {
   category_id: '',
   sellable: 1,
   purchasable: true,
-  opening_quantity: '',
-  opening_cost: '',
-  opening_date: moment(new Date()).format('YYYY-MM-DD'),
 };
 
 /**
diff --git a/client/src/containers/Items/ItemForm.schema.js b/client/src/containers/Items/ItemForm.schema.js
index 963b12f12..8eade519d 100644
--- a/client/src/containers/Items/ItemForm.schema.js
+++ b/client/src/containers/Items/ItemForm.schema.js
@@ -61,26 +61,6 @@ const Schema = Yup.object().shape({
   stock: Yup.string() || Yup.boolean(),
   sellable: Yup.boolean().required(),
   purchasable: Yup.boolean().required(),
-  opening_cost: Yup.number().when(['opening_quantity'], {
-    is: (value) => value,
-    then: Yup.number()
-      .min(0)
-      .required()
-      .label(formatMessage({ id: 'opening_cost_' })),
-    otherwise: Yup.number().nullable(),
-  }),
-  opening_quantity: Yup.number()
-    .integer()
-    .min(1)
-    .nullable()
-    .label(formatMessage({ id: 'opening_quantity_' })),
-  opening_date: Yup.date().when(['opening_quantity', 'opening_cost'], {
-    is: (quantity, cost) => !isBlank(quantity) && !isBlank(cost),
-    then: Yup.date()
-      .required()
-      .label(formatMessage({ id: 'opening_date_' })),
-    otherwise: Yup.date().nullable(),
-  }),
 });
 
 export const transformItemFormData = (item, defaultValue) => {
diff --git a/client/src/containers/Items/ItemFormInventorySection.js b/client/src/containers/Items/ItemFormInventorySection.js
index f595635cc..efb2762fe 100644
--- a/client/src/containers/Items/ItemFormInventorySection.js
+++ b/client/src/containers/Items/ItemFormInventorySection.js
@@ -65,77 +65,6 @@ function ItemFormInventorySection({ accountsList, baseCurrency }) {
               </FormGroup>
             )}
           </FastField>
-
-          {/*------------- Opening quantity ------------- */}
-          <FastField name={'opening_quantity'}>
-            {({ field, meta: { touched, error } }) => (
-              <FormGroup
-                label={<T id={'opening_quantity'} />}
-                labelInfo={<Hint />}
-                className={'form-group--opening_quantity'}
-                intent={inputIntent({ error, touched })}
-                helperText={<ErrorMessage name={'opening_quantity'} />}
-                inline={true}
-              >
-                <InputGroup medium={true} {...field} />
-              </FormGroup>
-            )}
-          </FastField>
-
-          {/*------------- Opening date ------------- */}
-          <FastField name={'opening_date'}>
-            {({ form, field: { value }, meta: { touched, error } }) => (
-              <FormGroup
-                label={<T id={'opening_date'} />}
-                labelInfo={<Hint />}
-                className={classNames(
-                  'form-group--select-list',
-                  'form-group--opening_date',
-                  CLASSES.FILL,
-                )}
-                intent={inputIntent({ error, touched })}
-                helperText={<ErrorMessage name={'opening_date'} />}
-                inline={true}
-              >
-                <DateInput
-                  {...momentFormatter('YYYY/MM/DD')}
-                  value={tansformDateValue(value)}
-                  onChange={handleDateChange((value) => {
-                    form.setFieldValue('opening_date', value);
-                  })}
-                  helperText={<ErrorMessage name={'opening_date'} />}
-                  popoverProps={{ position: Position.BOTTOM, minimal: true }}
-                />
-              </FormGroup>
-            )}
-          </FastField>
-        </Col>
-
-        {/*------------- Opening cost ------------- */}
-        <Col xs={6}>
-          <FastField name={'opening_cost'}>
-            {({ form, field: { value }, meta: { touched, error } }) => (
-              <FormGroup
-                label={<T id={'opening_average_cost'} />}
-                labelInfo={<Hint />}
-                className={'form-group--opening_cost'}
-                intent={inputIntent({ error, touched })}
-                helperText={<ErrorMessage name={'opening_cost'} />}
-                inline={true}
-              >
-                <ControlGroup>
-                  <InputPrependText text={baseCurrency} />
-                  <MoneyInputGroup
-                    value={value}
-                    inputGroupProps={{ fill: true }}
-                    onChange={(unformattedValue) => {
-                      form.setFieldValue('opening_cost', unformattedValue);
-                    }}
-                  />
-                </ControlGroup>
-              </FormGroup>
-            )}
-          </FastField>
         </Col>
       </Row>
     </div>