diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index 74f866e20e..6be6e06ca7 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -320,4 +320,5 @@ erpnext.patches.v14_0.create_accounting_dimensions_for_asset_capitalization
 erpnext.patches.v14_0.update_partial_tds_fields
 erpnext.patches.v14_0.create_incoterms_and_migrate_shipment
 erpnext.patches.v14_0.setup_clear_repost_logs
-erpnext.patches.v14_0.create_accounting_dimensions_for_payment_request
\ No newline at end of file
+erpnext.patches.v14_0.create_accounting_dimensions_for_payment_request
+erpnext.patches.v14_0.update_entry_type_for_journal_entry
diff --git a/erpnext/patches/v14_0/update_entry_type_for_journal_entry.py b/erpnext/patches/v14_0/update_entry_type_for_journal_entry.py
new file mode 100644
index 0000000000..bce9255557
--- /dev/null
+++ b/erpnext/patches/v14_0/update_entry_type_for_journal_entry.py
@@ -0,0 +1,18 @@
+import frappe
+
+
+def execute():
+	"""
+	Update Propery Setters for Journal Entry with new 'Entry Type'
+	"""
+	new_voucher_type = "Exchange Gain Or Loss"
+	prop_setter = frappe.db.get_list(
+		"Property Setter",
+		filters={"doc_type": "Journal Entry", "field_name": "voucher_type", "property": "options"},
+	)
+	if prop_setter:
+		property_setter_doc = frappe.get_doc("Property Setter", prop_setter[0].get("name"))
+
+		if new_voucher_type not in property_setter_doc.value.split("\n"):
+			property_setter_doc.value += "\n" + new_voucher_type
+			property_setter_doc.save()