diff --git a/erpnext/patches/v16_0/migrate_budget_records_to_new_structure.py b/erpnext/patches/v16_0/migrate_budget_records_to_new_structure.py
index c9a18ebff31..5d6dc25c3ea 100644
--- a/erpnext/patches/v16_0/migrate_budget_records_to_new_structure.py
+++ b/erpnext/patches/v16_0/migrate_budget_records_to_new_structure.py
@@ -1,6 +1,10 @@
 import frappe
 from frappe.utils import add_months, flt, get_first_day, get_last_day
 
+from erpnext.accounts.doctype.accounting_dimension.accounting_dimension import (
+	get_accounting_dimensions,
+)
+
 
 def execute():
 	remove_old_property_setter()
@@ -79,6 +83,10 @@ def create_new_budget_from_row(budget_doc, fiscal_year, account_row, percentage_
 	for field in core_fields:
 		new_budget.set(field, budget_doc.get(field))
 
+	for fieldname in get_accounting_dimensions():
+		if budget_doc.get(fieldname):
+			new_budget.set(fieldname, budget_doc.get(fieldname))
+
 	new_budget.from_fiscal_year = fiscal_year.name
 	new_budget.to_fiscal_year = fiscal_year.name
 	new_budget.budget_start_date = fiscal_year.year_start_date