diff --git a/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.js b/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.js
index 07e7b59b514..5dfb6627662 100644
--- a/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.js
+++ b/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.js
@@ -47,7 +47,23 @@ frappe.query_reports["Stock Ledger Variance"] = {
 			fieldname: "difference_in",
 			fieldtype: "Select",
 			label: __("Difference In"),
-			options: ["", "Qty", "Value", "Valuation"],
+			options: [
+				{
+					// Check "Stock Ledger Invariant Check" report with A - B column
+					label: __("Quantity (A - B)"),
+					value: "Qty",
+				},
+				{
+					// Check "Stock Ledger Invariant Check" report with G - D column
+					label: __("Value (G - D)"),
+					value: "Value",
+				},
+				{
+					// Check "Stock Ledger Invariant Check" report with I - K column
+					label: __("Valuation (I - K)"),
+					value: "Valuation",
+				},
+			],
 		},
 		{
 			fieldname: "include_disabled",
diff --git a/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.py b/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.py
index 0b7e551c86f..808afadd05a 100644
--- a/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.py
+++ b/erpnext/stock/report/stock_ledger_variance/stock_ledger_variance.py
@@ -1,6 +1,8 @@
 # Copyright (c) 2023, Frappe Technologies Pvt. Ltd. and contributors
 # For license information, please see license.txt
 
+import json
+
 import frappe
 from frappe import _
 from frappe.utils import cint, flt
@@ -270,12 +272,16 @@ def has_difference(row, precision, difference_in, valuation_method):
 		value_diff = flt(row.diff_value_diff, precision)
 		valuation_diff = flt(row.valuation_diff, precision)
 	else:
-		qty_diff = flt(row.difference_in_qty, precision) or flt(row.fifo_qty_diff, precision)
-		value_diff = (
-			flt(row.diff_value_diff, precision)
-			or flt(row.fifo_value_diff, precision)
-			or flt(row.fifo_difference_diff, precision)
-		)
+		qty_diff = flt(row.difference_in_qty, precision)
+		value_diff = flt(row.diff_value_diff, precision)
+
+		if row.stock_queue and json.loads(row.stock_queue):
+			value_diff = value_diff or (
+				flt(row.fifo_value_diff, precision) or flt(row.fifo_difference_diff, precision)
+			)
+
+			qty_diff = qty_diff or flt(row.fifo_qty_diff, precision)
+
 		valuation_diff = flt(row.valuation_diff, precision) or flt(row.fifo_valuation_diff, precision)
 
 	if difference_in == "Qty" and qty_diff: