diff --git a/erpnext/accounts/doctype/account/account.py b/erpnext/accounts/doctype/account/account.py
index 427f3dba20..472196e67d 100644
--- a/erpnext/accounts/doctype/account/account.py
+++ b/erpnext/accounts/doctype/account/account.py
@@ -98,7 +98,10 @@ class Account(NestedSet):
 
 		ancestors = get_root_company(self.company)
 		if ancestors:
-			frappe.throw(_("Please add the account to root level Company - %s" % ancestors[0]))
+			account = frappe.db.exists("Account", {"company": ancestors[0], "account_name": self.account_name})
+
+			if not account:
+				frappe.throw(_("Please add the account to root level Company - %s" % ancestors[0]))
 		else:
 			descendants = get_descendants_of('Company', self.company)
 			if not descendants: return