diff --git a/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.json b/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.json
index f5d39c134b5..fccbbb72f3c 100644
--- a/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.json
+++ b/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.json
@@ -13,6 +13,7 @@
   "payment_term_outstanding",
   "account_type",
   "payment_type",
+  "reconcile_effect_on",
   "column_break_4",
   "total_amount",
   "outstanding_amount",
@@ -144,12 +145,18 @@
    "is_virtual": 1,
    "label": "Payment Request Outstanding",
    "read_only": 1
+  },
+  {
+   "fieldname": "reconcile_effect_on",
+   "fieldtype": "Date",
+   "label": "Reconcile Effect On",
+   "read_only": 1
   }
  ],
  "index_web_pages_for_search": 1,
  "istable": 1,
  "links": [],
- "modified": "2024-09-16 18:11:50.019343",
+ "modified": "2025-01-13 15:56:18.895082",
  "modified_by": "Administrator",
  "module": "Accounts",
  "name": "Payment Entry Reference",
diff --git a/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.py b/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.py
index 2ac92ba4a84..1d869b92715 100644
--- a/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.py
+++ b/erpnext/accounts/doctype/payment_entry_reference/payment_entry_reference.py
@@ -30,6 +30,7 @@ class PaymentEntryReference(Document):
 		payment_term: DF.Link | None
 		payment_term_outstanding: DF.Float
 		payment_type: DF.Data | None
+		reconcile_effect_on: DF.Date | None
 		reference_doctype: DF.Link
 		reference_name: DF.DynamicLink
 		total_amount: DF.Float