diff --git a/erpnext/hr/report/employee_leave_balance/employee_leave_balance.py b/erpnext/hr/report/employee_leave_balance/employee_leave_balance.py
index 8098db4..c1d8bcf 100644
--- a/erpnext/hr/report/employee_leave_balance/employee_leave_balance.py
+++ b/erpnext/hr/report/employee_leave_balance/employee_leave_balance.py
@@ -3,38 +3,43 @@
 
 from __future__ import unicode_literals
 import frappe
+from frappe import _
 from frappe.widgets.reportview import execute as runreport
 
 def execute(filters=None):
 	if not filters: filters = {}
-	
+
 	employee_filters = filters.get("company") and \
 		[["Employee", "company", "=", filters.get("company")]] or None
 	employees = runreport(doctype="Employee", fields=["name", "employee_name", "department"],
 		filters=employee_filters)
+
+	if not employees:
+		frappe.throw(_("No employee found!"))
+
 	leave_types = frappe.db.sql_list("select name from `tabLeave Type`")
-	
+
 	if filters.get("fiscal_year"):
 		fiscal_years = [filters["fiscal_year"]]
 	else:
 		fiscal_years = frappe.db.sql_list("select name from `tabFiscal Year` order by name desc")
-			
+
 	allocations = frappe.db.sql("""select employee, fiscal_year, leave_type, total_leaves_allocated
-	 	from `tabLeave Allocation` 
-		where docstatus=1 and employee in (%s)""" % 
+	 	from `tabLeave Allocation`
+		where docstatus=1 and employee in (%s)""" %
 		','.join(['%s']*len(employees)), employees, as_dict=True)
-		
-	applications = frappe.db.sql("""select employee, fiscal_year, leave_type, 
+
+	applications = frappe.db.sql("""select employee, fiscal_year, leave_type,
 			SUM(total_leave_days) as leaves
-		from `tabLeave Application` 
+		from `tabLeave Application`
 		where status="Approved" and docstatus = 1 and employee in (%s)
-		group by employee, fiscal_year, leave_type""" % 
+		group by employee, fiscal_year, leave_type""" %
 			','.join(['%s']*len(employees)), employees, as_dict=True)
-	
+
 	columns = [
 		"Fiscal Year", "Employee:Link/Employee:150", "Employee Name::200", "Department::150"
 	]
-	
+
 	for leave_type in leave_types:
 		columns.append(leave_type + " Allocated:Float")
 		columns.append(leave_type + " Taken:Float")
@@ -42,13 +47,13 @@
 
 	data = {}
 	for d in allocations:
-		data.setdefault((d.fiscal_year, d.employee, 
+		data.setdefault((d.fiscal_year, d.employee,
 			d.leave_type), frappe._dict()).allocation = d.total_leaves_allocated
 
 	for d in applications:
-		data.setdefault((d.fiscal_year, d.employee, 
+		data.setdefault((d.fiscal_year, d.employee,
 			d.leave_type), frappe._dict()).leaves = d.leaves
-	
+
 	result = []
 	for fiscal_year in fiscal_years:
 		for employee in employees:
@@ -60,4 +65,4 @@
 				row.append(tmp.leaves or 0)
 				row.append((tmp.allocation or 0) - (tmp.leaves or 0))
 
-	return columns, result
\ No newline at end of file
+	return columns, result
diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index dae2b4b..3fc2b11 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -4,6 +4,7 @@
 erpnext.patches.v4_0.update_user_properties
 erpnext.patches.v4_0.move_warehouse_user_to_restrictions
 erpnext.patches.v4_0.new_permissions
+erpnext.patches.v4_0.global_defaults_to_system_settings
 erpnext.patches.v4_0.update_incharge_name_to_sales_person_in_maintenance_schedule
 execute:frappe.reload_doc('accounts', 'doctype', 'sales_invoice') # 2014-01-29
 execute:frappe.reload_doc('selling', 'doctype', 'sales_order') # 2014-01-29
@@ -42,3 +43,4 @@
 execute:frappe.db.sql("delete from `tabWebsite Item Group` where ifnull(item_group, '')=''")
 execute:frappe.delete_doc("Print Format", "SalesInvoice")
 execute:import frappe.defaults;frappe.defaults.clear_default("price_list_currency")
+
diff --git a/erpnext/patches/v4_0/global_defaults_to_system_settings.py b/erpnext/patches/v4_0/global_defaults_to_system_settings.py
new file mode 100644
index 0000000..fd6e47b
--- /dev/null
+++ b/erpnext/patches/v4_0/global_defaults_to_system_settings.py
@@ -0,0 +1,34 @@
+# Copyright (c) 2013, Web Notes Technologies Pvt. Ltd. and Contributors
+# MIT License. See license.txt
+
+from __future__ import unicode_literals
+
+import frappe
+from collections import Counter
+from frappe.core.doctype.user.user import STANDARD_USERS
+
+def execute():
+	system_settings = frappe.get_doc("System Settings")
+
+	# set values from global_defauls
+	global_defaults = frappe.db.get_value("Global Defaults", None,
+		["time_zone", "date_format", "number_format", "float_precision", "session_expiry"], as_dict=True)
+
+	if global_defaults:
+		for key, val in global_defaults.items():
+			if not system_settings.get(key):
+				system_settings.set(key, val)
+
+	# language
+	if not system_settings.get("language"):
+		# find most common language
+		lang = frappe.db.sql_list("""select language from `tabUser`
+			where ifnull(language, '')!='' and language not like "Loading%%" and name not in ({standard_users})""".format(
+			standard_users=", ".join(["%s"]*len(STANDARD_USERS))), tuple(STANDARD_USERS))
+		lang = Counter(lang).most_common(1)
+		lang = (len(lang) > 0) and lang[0][0] or "english"
+
+		system_settings.language = lang
+
+	system_settings.ignore_mandatory = True
+	system_settings.save()
diff --git a/erpnext/stock/report/stock_ledger/stock_ledger.py b/erpnext/stock/report/stock_ledger/stock_ledger.py
index 298e971..5068326 100644
--- a/erpnext/stock/report/stock_ledger/stock_ledger.py
+++ b/erpnext/stock/report/stock_ledger/stock_ledger.py
@@ -8,32 +8,32 @@
 	columns = get_columns()
 	sl_entries = get_stock_ledger_entries(filters)
 	item_details = get_item_details(filters)
-	
+
 	data = []
 	for sle in sl_entries:
 		item_detail = item_details[sle.item_code]
-		voucher_link_icon = """<a href="%s"><i class="icon icon-share" 
+		voucher_link_icon = """<a href="%s"><i class="icon icon-share"
 			style="cursor: pointer;"></i></a>""" \
 			% ("/".join(["#Form", sle.voucher_type, sle.voucher_no]),)
-			
-		data.append([sle.date, sle.item_code, item_detail.item_name, item_detail.item_group, 
-			item_detail.brand, item_detail.description, sle.warehouse, item_detail.stock_uom, 
-			sle.actual_qty, sle.qty_after_transaction, sle.stock_value, sle.voucher_type, 
-			sle.voucher_no, voucher_link_icon, sle.batch_no, sle.serial_no, sle.company])
-	
+
+		data.append([sle.date, sle.item_code, item_detail.item_name, item_detail.item_group,
+			item_detail.brand, item_detail.description, sle.warehouse, item_detail.stock_uom,
+			sle.actual_qty, sle.qty_after_transaction, sle.valuation_rate, sle.stock_value,
+			sle.voucher_type, sle.voucher_no, voucher_link_icon, sle.batch_no, sle.serial_no, sle.company])
+
 	return columns, data
-	
+
 def get_columns():
-	return ["Date:Datetime:95", "Item:Link/Item:100", "Item Name::100", 
+	return ["Date:Datetime:95", "Item:Link/Item:130", "Item Name::100",
 		"Item Group:Link/Item Group:100", "Brand:Link/Brand:100",
 		"Description::200", "Warehouse:Link/Warehouse:100",
-		"Stock UOM:Link/UOM:100", "Qty:Float:50", "Balance Qty:Float:80", 
-		"Balance Value:Currency:100", "Voucher Type::100", "Voucher #::100", "Link::30", 
+		"Stock UOM:Link/UOM:100", "Qty:Float:50", "Balance Qty:Float:100", "Valuation Rate:Currency:110",
+		"Balance Value:Currency:110", "Voucher Type::110", "Voucher #::100", "Link::30",
 		"Batch:Link/Batch:100", "Serial #:Link/Serial No:100", "Company:Link/Company:100"]
-	
+
 def get_stock_ledger_entries(filters):
 	return frappe.db.sql("""select concat_ws(" ", posting_date, posting_time) as date,
-			item_code, warehouse, actual_qty, qty_after_transaction, 
+			item_code, warehouse, actual_qty, qty_after_transaction, valuation_rate,
 			stock_value, voucher_type, voucher_no, batch_no, serial_no, company
 		from `tabStock Ledger Entry`
 		where company = %(company)s and
@@ -44,31 +44,31 @@
 
 def get_item_details(filters):
 	item_details = {}
-	for item in frappe.db.sql("""select name, item_name, description, item_group, 
+	for item in frappe.db.sql("""select name, item_name, description, item_group,
 			brand, stock_uom from `tabItem` {item_conditions}"""\
 			.format(item_conditions=get_item_conditions(filters)), filters, as_dict=1):
 		item_details.setdefault(item.name, item)
-		
+
 	return item_details
-	
+
 def get_item_conditions(filters):
 	conditions = []
 	if filters.get("item_code"):
 		conditions.append("name=%(item_code)s")
 	if filters.get("brand"):
 		conditions.append("brand=%(brand)s")
-	
+
 	return "where {}".format(" and ".join(conditions)) if conditions else ""
-	
+
 def get_sle_conditions(filters):
 	conditions = []
 	item_conditions=get_item_conditions(filters)
 	if item_conditions:
-		conditions.append("""item_code in (select name from tabItem 
+		conditions.append("""item_code in (select name from tabItem
 			{item_conditions})""".format(item_conditions=item_conditions))
 	if filters.get("warehouse"):
 		conditions.append("warehouse=%(warehouse)s")
 	if filters.get("voucher_no"):
 		conditions.append("voucher_no=%(voucher_no)s")
-	
-	return "and {}".format(" and ".join(conditions)) if conditions else ""
\ No newline at end of file
+
+	return "and {}".format(" and ".join(conditions)) if conditions else ""