Deleting Item records in sage 300

SOLVED

Here is the scenario, there is a group of inactive items that haven't been used for at least 2 years in the system. Am I allow to delete the item records? What is the effect of deleting the item records? Example, item number 00001 has an old receipt and old shipment dated 01-01-2014, is that alright to delete this item since it will never get reorder again? Just wanted to clean up the inventory and also save up room when printing the Aged Inventory report.