Hi Luis,
One time Item is not possible in B1 , once we create any document or transaction related to any item we can not remove or delete that item . you can inactive the Item but can not remove.
one thing you can do is whenever you need to delete any item and the stock is zero you rename that Item with the new item name you want .
and in case you want to see the change history report use AITM Table.
Regards,
Manish