diff --git a/erpnext/stock/report/stock_balance/stock_balance.py b/erpnext/stock/report/stock_balance/stock_balance.py
index 2535fc4096f..913a31df1a7 100644
--- a/erpnext/stock/report/stock_balance/stock_balance.py
+++ b/erpnext/stock/report/stock_balance/stock_balance.py
@@ -198,7 +198,11 @@ class StockBalanceReport:
 		for field in self.inventory_dimensions:
 			qty_dict[field] = entry.get(field)
 
-		if entry.voucher_type == "Stock Reconciliation" and (not entry.batch_no or entry.serial_no):
+		if (
+			entry.voucher_type == "Stock Reconciliation"
+			and frappe.get_cached_value(entry.voucher_type, entry.voucher_no, "purpose") != "Opening Stock"
+			and (not entry.batch_no or entry.serial_no)
+		):
 			qty_diff = flt(entry.qty_after_transaction) - flt(qty_dict.bal_qty)
 		else:
 			qty_diff = flt(entry.actual_qty)