diff --git a/erpnext/stock/doctype/item/item.js b/erpnext/stock/doctype/item/item.js
index 6e810e5987ed..a37911fbec4c 100644
--- a/erpnext/stock/doctype/item/item.js
+++ b/erpnext/stock/doctype/item/item.js
@@ -175,7 +175,9 @@ frappe.ui.form.on("Item", {
 		frappe.call({
 			method: "erpnext.stock.doctype.item.item.get_asset_naming_series",
 			callback: function(r) {
-				frm.set_value("is_stock_item", frm.doc.is_fixed_asset ? 0 : 1);
+				if (frm.doc.is_fixed_asset) {
+					frm.set_value("is_stock_item", 0);
+				}
 				frm.events.set_asset_naming_series(frm, r.message);
 			}
 		});
diff --git a/erpnext/stock/doctype/item/item.json b/erpnext/stock/doctype/item/item.json
index c13d3ebe0f01..4024ce7551b0 100644
--- a/erpnext/stock/doctype/item/item.json
+++ b/erpnext/stock/doctype/item/item.json
@@ -19,16 +19,16 @@
   "stock_uom",
   "column_break0",
   "disabled",
-  "allow_alternative_item",
+  "is_fixed_asset",
+  "auto_create_assets",
+  "is_grouped_asset",
+  "asset_category",
   "is_stock_item",
+  "allow_alternative_item",
   "has_variants",
   "opening_stock",
   "valuation_rate",
   "standard_rate",
-  "is_fixed_asset",
-  "auto_create_assets",
-  "is_grouped_asset",
-  "asset_category",
   "asset_naming_series",
   "over_delivery_receipt_allowance",
   "over_billing_allowance",
@@ -202,6 +202,7 @@
    "label": "Allow Alternative Item"
   },
   {
+   "allow_in_quick_entry": 1,
    "bold": 1,
    "default": "1",
    "depends_on": "eval:!doc.is_fixed_asset",
@@ -239,13 +240,16 @@
    "label": "Standard Selling Rate"
   },
   {
+   "allow_in_quick_entry": 1,
    "default": "0",
    "fieldname": "is_fixed_asset",
    "fieldtype": "Check",
    "label": "Is Fixed Asset",
+   "read_only_depends_on": "is_stock_item",
    "set_only_once": 1
   },
   {
+   "allow_in_quick_entry": 1,
    "depends_on": "is_fixed_asset",
    "fieldname": "asset_category",
    "fieldtype": "Link",
@@ -888,7 +892,7 @@
  "index_web_pages_for_search": 1,
  "links": [],
  "make_attachments_public": 1,
- "modified": "2023-09-11 13:46:32.688051",
+ "modified": "2023-10-24 08:12:41.307459",
  "modified_by": "Administrator",
  "module": "Stock",
  "name": "Item",
@@ -961,4 +965,4 @@
  "states": [],
  "title_field": "item_name",
  "track_changes": 1
-}
+}
\ No newline at end of file