diff --git a/erpnext/demo/setup/setup_data.py b/erpnext/demo/setup/setup_data.py
index c1a8bed..3675f0f 100644
--- a/erpnext/demo/setup/setup_data.py
+++ b/erpnext/demo/setup/setup_data.py
@@ -64,8 +64,11 @@
 		})
 
 		company = erpnext.get_default_company()
-		company.db_set('default_payroll_payable_account',
-			frappe.db.get_value('Account', dict(account_name='Payroll Payable')))
+
+		if company:
+			company_doc = frappe.get_doc("Company", company)
+			company_doc.db_set('default_payroll_payable_account',
+				frappe.db.get_value('Account', dict(account_name='Payroll Payable')))
 
 def setup_demo_page():
 	# home page should always be "start"