diff --git a/erpnext/accounts/party.py b/erpnext/accounts/party.py
index b76ce29b505..177624ca032 100644
--- a/erpnext/accounts/party.py
+++ b/erpnext/accounts/party.py
@@ -898,3 +898,18 @@ def get_default_contact(doctype, name):
 			return None
 	else:
 		return None
+
+
+def add_party_account(party_type, party, company, account):
+	doc = frappe.get_doc(party_type, party)
+	account_exists = False
+	for d in doc.get("accounts"):
+		if d.account == account:
+			account_exists = True
+
+	if not account_exists:
+		accounts = {"company": company, "account": account}
+
+		doc.append("accounts", accounts)
+
+		doc.save()
diff --git a/erpnext/stock/doctype/purchase_receipt/test_purchase_receipt.py b/erpnext/stock/doctype/purchase_receipt/test_purchase_receipt.py
index 65c30de0978..441bfc1b63c 100644
--- a/erpnext/stock/doctype/purchase_receipt/test_purchase_receipt.py
+++ b/erpnext/stock/doctype/purchase_receipt/test_purchase_receipt.py
@@ -1295,6 +1295,58 @@ class TestPurchaseReceipt(FrappeTestCase):
 		self.assertEqual(pr.status, "To Bill")
 		self.assertAlmostEqual(pr.per_billed, 50.0, places=2)
 
+<<<<<<< HEAD
+=======
+	def test_purchase_receipt_with_exchange_rate_difference(self):
+		from erpnext.accounts.doctype.purchase_invoice.purchase_invoice import (
+			make_purchase_receipt as create_purchase_receipt,
+		)
+		from erpnext.accounts.doctype.purchase_invoice.test_purchase_invoice import (
+			make_purchase_invoice as create_purchase_invoice,
+		)
+		from erpnext.accounts.party import add_party_account
+
+		add_party_account(
+			"Supplier",
+			"_Test Supplier USD",
+			"_Test Company with perpetual inventory",
+			"_Test Payable USD - TCP1",
+		)
+
+		pi = create_purchase_invoice(
+			company="_Test Company with perpetual inventory",
+			cost_center="Main - TCP1",
+			warehouse="Stores - TCP1",
+			expense_account="_Test Account Cost for Goods Sold - TCP1",
+			currency="USD",
+			conversion_rate=70,
+			supplier="_Test Supplier USD",
+		)
+
+		pr = create_purchase_receipt(pi.name)
+		pr.conversion_rate = 80
+		pr.items[0].purchase_invoice = pi.name
+		pr.items[0].purchase_invoice_item = pi.items[0].name
+
+		pr.save()
+		pr.submit()
+
+		# Get exchnage gain and loss account
+		exchange_gain_loss_account = frappe.db.get_value(
+			"Company", pr.company, "exchange_gain_loss_account"
+		)
+
+		# fetching the latest GL Entry with exchange gain and loss account account
+		amount = frappe.db.get_value(
+			"GL Entry", {"account": exchange_gain_loss_account, "voucher_no": pr.name}, "credit"
+		)
+		discrepancy_caused_by_exchange_rate_diff = abs(
+			pi.items[0].base_net_amount - pr.items[0].base_net_amount
+		)
+
+		self.assertEqual(discrepancy_caused_by_exchange_rate_diff, amount)
+
+>>>>>>> bc34737709 (chore: Update test case)
 	def test_payment_terms_are_fetched_when_creating_purchase_invoice(self):
 		from erpnext.accounts.doctype.payment_entry.test_payment_entry import (
 			create_payment_terms_template,