diff --git a/erpnext/accounts/doctype/account/chart_of_accounts/chart_of_accounts.py b/erpnext/accounts/doctype/account/chart_of_accounts/chart_of_accounts.py
index e2e21fa347..5c82142706 100644
--- a/erpnext/accounts/doctype/account/chart_of_accounts/chart_of_accounts.py
+++ b/erpnext/accounts/doctype/account/chart_of_accounts/chart_of_accounts.py
@@ -6,7 +6,7 @@ import frappe, os, json
 from frappe.utils import cstr
 from unidecode import unidecode
 
-def create_charts(chart_name, company, ignore_permissions=False):
+def create_charts(chart_name, company):
 	chart = get_chart(chart_name)
 	
 	if chart:
@@ -44,7 +44,7 @@ def create_charts(chart_name, company, ignore_permissions=False):
 					if root_account or frappe.local.flags.allow_unverified_charts:
 						account.flags.ignore_mandatory = True
 						
-					account.flags.ignore_permissions = ignore_permissions
+					account.flags.ignore_permissions = True
 					
 					account.insert()
 
diff --git a/erpnext/setup/doctype/company/company.py b/erpnext/setup/doctype/company/company.py
index 22a33d0982..7da7c25d13 100644
--- a/erpnext/setup/doctype/company/company.py
+++ b/erpnext/setup/doctype/company/company.py
@@ -98,7 +98,7 @@ class Company(Document):
 						"company": self.name,
 						"create_account_under": stock_group
 					})
-					warehouse.flags.ignore_permissions = self.flags.ignore_permissions
+					warehouse.flags.ignore_permissions = True
 					warehouse.insert()
 
 	def create_default_accounts(self):
@@ -106,7 +106,7 @@ class Company(Document):
 			self.chart_of_accounts = "Standard"
 
 		from erpnext.accounts.doctype.account.chart_of_accounts.chart_of_accounts import create_charts
-		create_charts(self.chart_of_accounts, self.name, self.flags.ignore_permissions)
+		create_charts(self.chart_of_accounts, self.name)
 
 		frappe.db.set(self, "default_receivable_account", frappe.db.get_value("Account",
 			{"company": self.name, "account_type": "Receivable", "is_group": 0}))