diff --git a/erpnext/stock/doctype/stock_ledger_entry/stock_ledger_entry.json b/erpnext/stock/doctype/stock_ledger_entry/stock_ledger_entry.json
index 3af946aa8f3..bfb4ec368dd 100644
--- a/erpnext/stock/doctype/stock_ledger_entry/stock_ledger_entry.json
+++ b/erpnext/stock/doctype/stock_ledger_entry/stock_ledger_entry.json
@@ -1,5 +1,6 @@
 {
  "actions": [],
+ "allow_bulk_edit": 1,
  "allow_copy": 1,
  "autoname": "MAT-SLE-.YYYY.-.#####",
  "creation": "2013-01-29 19:25:42",
@@ -204,7 +205,7 @@
   {
    "fieldname": "valuation_rate",
    "fieldtype": "Currency",
-   "label": "Valuation Rate",
+   "label": "Average Rate",
    "oldfieldname": "valuation_rate",
    "oldfieldtype": "Currency",
    "options": "Company:company:default_currency",
@@ -362,11 +363,11 @@
  "in_create": 1,
  "index_web_pages_for_search": 1,
  "links": [],
- "modified": "2025-10-04 09:59:15.546556",
+ "modified": "2026-05-26 19:07:43.537450",
  "modified_by": "Administrator",
  "module": "Stock",
  "name": "Stock Ledger Entry",
- "naming_rule": "Expression (old style)",
+ "naming_rule": "Expression",
  "owner": "Administrator",
  "permissions": [
   {
diff --git a/erpnext/stock/report/stock_ledger/stock_ledger.py b/erpnext/stock/report/stock_ledger/stock_ledger.py
index 3f59dc6be3b..2152fce31c0 100644
--- a/erpnext/stock/report/stock_ledger/stock_ledger.py
+++ b/erpnext/stock/report/stock_ledger/stock_ledger.py
@@ -109,10 +109,11 @@ def execute(filters=None):
 		if sle.serial_no:
 			update_available_serial_nos(available_serial_nos, sle)
 
-		if sle.actual_qty:
+		if sle.actual_qty < 0:
 			sle["in_out_rate"] = flt(sle.stock_value_difference / sle.actual_qty, precision)
+			sle["incoming_rate"] = 0
 
-		elif sle.voucher_type == "Stock Reconciliation":
+		elif sle.voucher_type == "Stock Reconciliation" and sle.actual_qty < 0:
 			sle["in_out_rate"] = sle.valuation_rate
 
 		if (
@@ -193,7 +194,7 @@ def get_segregated_bundle_entries(sle, bundle_details, batch_balance_dict, filte
 		new_sle.update(row)
 		new_sle.update(
 			{
-				"in_out_rate": flt(new_sle.stock_value_difference / row.qty) if row.qty else 0,
+				"in_out_rate": flt(new_sle.stock_value_difference / row.qty) if row.qty < 0 else 0,
 				"in_qty": row.qty if row.qty > 0 else 0,
 				"out_qty": row.qty if row.qty < 0 else 0,
 				"qty_after_transaction": qty_before_transaction + row.qty,
@@ -375,7 +376,7 @@ def get_columns(filters):
 				"convertible": "rate",
 			},
 			{
-				"label": _("Valuation Rate"),
+				"label": _("Outgoing Rate"),
 				"fieldname": "in_out_rate",
 				"fieldtype": filters.valuation_field_type,
 				"width": 140,