diff --git a/erpnext/setup/doctype/company/company.py b/erpnext/setup/doctype/company/company.py
index 7181e90139e..553c0f5fc95 100644
--- a/erpnext/setup/doctype/company/company.py
+++ b/erpnext/setup/doctype/company/company.py
@@ -139,6 +139,7 @@ class Company(NestedSet):
 		self.validate_abbr()
 		self.validate_default_accounts()
 		self.validate_currency()
+		self.validate_advance_account_currency()
 		self.validate_coa_input()
 		self.validate_perpetual_inventory()
 		self.validate_provisional_account_for_non_stock_items()
@@ -192,6 +193,29 @@ class Company(NestedSet):
 					).format(frappe.bold(account[0]))
 					frappe.throw(error_message)
 
+	def validate_advance_account_currency(self):
+		if (
+			self.default_advance_received_account
+			and frappe.get_cached_value("Account", self.default_advance_received_account, "account_currency")
+			!= self.default_currency
+		):
+			frappe.throw(
+				_("'{0}' should be in company currency {1}.").format(
+					frappe.bold("Default Advance Received Account"), frappe.bold(self.default_currency)
+				)
+			)
+
+		if (
+			self.default_advance_paid_account
+			and frappe.get_cached_value("Account", self.default_advance_paid_account, "account_currency")
+			!= self.default_currency
+		):
+			frappe.throw(
+				_("'{0}' should be in company currency {1}.").format(
+					frappe.bold("Default Advance Paid Account"), frappe.bold(self.default_currency)
+				)
+			)
+
 	def validate_currency(self):
 		if self.is_new():
 			return