diff --git a/erpnext/stock/stock_ledger.py b/erpnext/stock/stock_ledger.py
index ba2d3c1512..3659bd03b2 100644
--- a/erpnext/stock/stock_ledger.py
+++ b/erpnext/stock/stock_ledger.py
@@ -95,27 +95,26 @@ def repost_current_voucher(args, allow_negative_stock=False, via_landed_cost_vou
 		if not args.get("posting_date"):
 			args["posting_date"] = nowdate()
 
-		if args.get("is_cancelled") and via_landed_cost_voucher:
-			return
-
-		# Reposts only current voucher SL Entries
-		# Updates valuation rate, stock value, stock queue for current transaction
-		update_entries_after(
-			{
-				"item_code": args.get("item_code"),
-				"warehouse": args.get("warehouse"),
-				"posting_date": args.get("posting_date"),
-				"posting_time": args.get("posting_time"),
-				"voucher_type": args.get("voucher_type"),
-				"voucher_no": args.get("voucher_no"),
-				"sle_id": args.get("name"),
-				"creation": args.get("creation"),
-			},
-			allow_negative_stock=allow_negative_stock,
-			via_landed_cost_voucher=via_landed_cost_voucher,
-		)
+		if not (args.get("is_cancelled") and via_landed_cost_voucher):
+			# Reposts only current voucher SL Entries
+			# Updates valuation rate, stock value, stock queue for current transaction
+			update_entries_after(
+				{
+					"item_code": args.get("item_code"),
+					"warehouse": args.get("warehouse"),
+					"posting_date": args.get("posting_date"),
+					"posting_time": args.get("posting_time"),
+					"voucher_type": args.get("voucher_type"),
+					"voucher_no": args.get("voucher_no"),
+					"sle_id": args.get("name"),
+					"creation": args.get("creation"),
+				},
+				allow_negative_stock=allow_negative_stock,
+				via_landed_cost_voucher=via_landed_cost_voucher,
+			)
 
 		# update qty in future sle and Validate negative qty
+		# For LCV: update future balances with -ve LCV SLE, which will be balanced by +ve LCV SLE
 		update_qty_in_future_sle(args, allow_negative_stock)