diff --git a/erpnext/stock/doctype/item/item.json b/erpnext/stock/doctype/item/item.json
index c075dd43310..59ac370f2c0 100644
--- a/erpnext/stock/doctype/item/item.json
+++ b/erpnext/stock/doctype/item/item.json
@@ -721,7 +721,7 @@
   },
   {
    "default": "0",
-   "description": "Expense for this item will be recognized over a period of months. Eg: prepaid insurance or annual software license",
+   "description": "Income from this item will be recognized over a period of months instead of all at once. Eg: annual subscription paid upfront.",
    "fieldname": "enable_deferred_revenue",
    "fieldtype": "Check",
    "label": "Enable Deferred Revenue"
@@ -734,7 +734,7 @@
   },
   {
    "default": "0",
-   "description": "Income from this item will be recognized over a period of months instead of all at once. Eg: annual subscription paid upfront.",
+   "description": "Expense for this item will be recognized over a period of months. Eg: prepaid insurance or annual software license",
    "fieldname": "enable_deferred_expense",
    "fieldtype": "Check",
    "label": "Enable Deferred Expense"
@@ -1086,6 +1086,32 @@
    "fieldname": "item_prices_column",
    "fieldtype": "Column Break",
    "label": "Item Prices"
+<<<<<<< HEAD
+=======
+  },
+  {
+   "fieldname": "company_restrictions_section",
+   "fieldtype": "Section Break",
+   "label": "Company Restrictions",
+   "permlevel": 1
+  },
+  {
+   "default": "0",
+   "description": "If checked, this Item is only available for transactions in the companies listed below.",
+   "fieldname": "restrict_to_companies",
+   "fieldtype": "Check",
+   "label": "Restrict to Companies",
+   "permlevel": 1
+  },
+  {
+   "depends_on": "eval:doc.restrict_to_companies",
+   "fieldname": "allowed_companies",
+   "fieldtype": "Table MultiSelect",
+   "label": "Allowed Companies",
+   "mandatory_depends_on": "eval:doc.restrict_to_companies",
+   "options": "Company Restriction",
+   "permlevel": 1
+>>>>>>> fa75aa08ab (fix(item): correct description on deferred revenue/expense)
   }
  ],
  "icon": "fa fa-tag",
@@ -1093,7 +1119,11 @@
  "image_field": "image",
  "links": [],
  "make_attachments_public": 1,
+<<<<<<< HEAD
  "modified": "2026-07-05 23:24:45.734144",
+=======
+ "modified": "2026-07-28 18:58:43.328497",
+>>>>>>> fa75aa08ab (fix(item): correct description on deferred revenue/expense)
  "modified_by": "Administrator",
  "module": "Stock",
  "name": "Item",
diff --git a/erpnext/stock/doctype/item/item.py b/erpnext/stock/doctype/item/item.py
index bb40f6cb810..e72eaccd3ef 100644
--- a/erpnext/stock/doctype/item/item.py
+++ b/erpnext/stock/doctype/item/item.py
@@ -132,6 +132,10 @@ class Item(Document):
 		purchase_uom: DF.Link | None
 		quality_inspection_template: DF.Link | None
 		reorder_levels: DF.Table[ItemReorder]
+<<<<<<< HEAD
+=======
+		restrict_to_companies: DF.Check
+>>>>>>> fa75aa08ab (fix(item): correct description on deferred revenue/expense)
 		retain_sample: DF.Check
 		safety_stock: DF.Float
 		sales_tax_withholding_category: DF.Link | None