diff --git a/erpnext/accounts/report/utils.py b/erpnext/accounts/report/utils.py
index ad315e031b0..6179cf6ca86 100644
--- a/erpnext/accounts/report/utils.py
+++ b/erpnext/accounts/report/utils.py
@@ -309,6 +309,9 @@ def get_payment_entries(filters, args):
 			pe.mode_of_payment,
 			pe.project,
 			pe.cost_center,
+			pe.payment_type,
+			pe.source_exchange_rate,
+			pe.target_exchange_rate,
 		)
 		.where(
 			(pe.docstatus == 1)
@@ -319,6 +322,22 @@ def get_payment_entries(filters, args):
 	)
 	query = apply_common_conditions(filters, query, doctype="Payment Entry", payments=True)
 	payment_entries = query.run(as_dict=True)
+
+	if payment_entries:
+		ded = frappe.qb.DocType("Payment Entry Deduction")
+		deduction_totals = frappe._dict(
+			frappe.qb.from_(ded)
+			.select(ded.parent, Sum(ded.amount))
+			.where(ded.parent.isin([d.name for d in payment_entries]) & (ded.is_exchange_gain_loss == 0))
+			.groupby(ded.parent)
+			.run()
+		)
+		for d in payment_entries:
+			exchange_rate = (
+				d.source_exchange_rate if d.payment_type == "Receive" else d.target_exchange_rate
+			) or 1
+			d.base_grand_total = flt(d.base_grand_total) + flt(deduction_totals.get(d.name)) / exchange_rate
+
 	return payment_entries