diff --git a/erpnext/accounts/utils.py b/erpnext/accounts/utils.py
index 16146f4480..69866e1566 100644
--- a/erpnext/accounts/utils.py
+++ b/erpnext/accounts/utils.py
@@ -133,7 +133,7 @@ def get_balance_on(account=None, date=None, party_type=None, party=None, company
 		acc = frappe.get_doc("Account", account)
 
 	try:
-		year_start_date = get_fiscal_year(date, verbose=0)[1]
+		year_start_date = get_fiscal_year(date, company=company, verbose=0)[1]
 	except FiscalYearError:
 		if getdate(date) > getdate(nowdate()):
 			# if fiscal year not found and the date is greater than today
@@ -787,10 +787,10 @@ def get_children(doctype, parent, company, is_root=False):
 		company_currency = frappe.get_cached_value('Company',  company,  "default_currency")
 		for each in acc:
 			each["company_currency"] = company_currency
-			each["balance"] = flt(get_balance_on(each.get("value"), in_account_currency=False))
+			each["balance"] = flt(get_balance_on(each.get("value"), in_account_currency=False, company=company))
 
 			if each.account_currency != company_currency:
-				each["balance_in_account_currency"] = flt(get_balance_on(each.get("value")))
+				each["balance_in_account_currency"] = flt(get_balance_on(each.get("value"), company=company))
 
 	return acc