diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index 29049f7..bd2d436 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -81,4 +81,5 @@
 erpnext.patches.v4_2.set_company_country
 erpnext.patches.v4_2.update_sales_order_invoice_field_name
 erpnext.patches.v4_2.cost_of_production_cycle
-erpnext.patches.v4_2.seprate_manufacture_and_repack
\ No newline at end of file
+erpnext.patches.v4_2.seprate_manufacture_and_repack
+execute:frappe.delete_doc("Report", "Warehouse-Wise Stock Balance")
diff --git a/erpnext/stock/report/warehouse_wise_stock_balance/__init__.py b/erpnext/stock/report/stock_balance/__init__.py
similarity index 100%
rename from erpnext/stock/report/warehouse_wise_stock_balance/__init__.py
rename to erpnext/stock/report/stock_balance/__init__.py
diff --git a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.js b/erpnext/stock/report/stock_balance/stock_balance.js
similarity index 74%
rename from erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.js
rename to erpnext/stock/report/stock_balance/stock_balance.js
index 2543fa4..c0aed51 100644
--- a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.js
+++ b/erpnext/stock/report/stock_balance/stock_balance.js
@@ -1,7 +1,7 @@
-// Copyright (c) 2013, Web Notes Technologies Pvt. Ltd. and Contributors
-// License: GNU General Public License v3. See license.txt
+// Copyright (c) 2013, Web Notes Technologies Pvt. Ltd. and Contributors and contributors
+// For license information, please see license.txt
 
-frappe.query_reports["Warehouse-Wise Stock Balance"] = {
+frappe.query_reports["Stock Balance"] = {
 	"filters": [
 		{
 			"fieldname":"from_date",
@@ -18,4 +18,4 @@
 			"default": frappe.datetime.get_today()
 		}
 	]
-}
\ No newline at end of file
+}
diff --git a/erpnext/stock/report/stock_balance/stock_balance.json b/erpnext/stock/report/stock_balance/stock_balance.json
new file mode 100644
index 0000000..ab331dc
--- /dev/null
+++ b/erpnext/stock/report/stock_balance/stock_balance.json
@@ -0,0 +1,17 @@
+{
+ "add_total_row": 0, 
+ "apply_user_permissions": 1, 
+ "creation": "2014-10-10 17:58:11.577901", 
+ "disabled": 0, 
+ "docstatus": 0, 
+ "doctype": "Report", 
+ "is_standard": "Yes", 
+ "modified": "2014-10-10 17:58:11.577901", 
+ "modified_by": "Administrator", 
+ "module": "Stock", 
+ "name": "Stock Balance", 
+ "owner": "Administrator", 
+ "ref_doctype": "Stock Ledger Entry", 
+ "report_name": "Stock Balance", 
+ "report_type": "Script Report"
+}
\ No newline at end of file
diff --git a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.py b/erpnext/stock/report/stock_balance/stock_balance.py
similarity index 79%
rename from erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.py
rename to erpnext/stock/report/stock_balance/stock_balance.py
index dc552cb..95de739 100644
--- a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.py
+++ b/erpnext/stock/report/stock_balance/stock_balance.py
@@ -59,9 +59,9 @@
 def get_stock_ledger_entries(filters):
 	conditions = get_conditions(filters)
 	return frappe.db.sql("""select item_code, warehouse, posting_date,
-		actual_qty, valuation_rate, stock_uom, company
+		actual_qty, valuation_rate, stock_uom, company, voucher_type, qty_after_transaction
 		from `tabStock Ledger Entry`
-		where docstatus < 2 %s order by item_code, warehouse""" %
+		where docstatus < 2 %s order by posting_date, posting_time, name""" %
 		conditions, as_dict=1)
 
 def get_item_warehouse_map(filters):
@@ -80,21 +80,27 @@
 		qty_dict = iwb_map[d.company][d.item_code][d.warehouse]
 		qty_dict.uom = d.stock_uom
 
+		if d.voucher_type == "Stock Reconciliation":
+			qty_diff = flt(d.qty_after_transaction) - qty_dict.bal_qty
+			value_diff = flt(d.stock_value) - qty_dict.bal_val
+		else:
+			qty_diff = flt(d.actual_qty)
+			value_diff = flt(d.actual_qty) * flt(d.valuation_rate)
+
 		if d.posting_date < filters["from_date"]:
-			qty_dict.opening_qty += flt(d.actual_qty)
-			qty_dict.opening_val += flt(d.actual_qty) * flt(d.valuation_rate)
+			qty_dict.opening_qty += qty_diff
+			qty_dict.opening_val += value_diff
 		elif d.posting_date >= filters["from_date"] and d.posting_date <= filters["to_date"]:
 			qty_dict.val_rate = d.valuation_rate
-
-			if flt(d.actual_qty) > 0:
-				qty_dict.in_qty += flt(d.actual_qty)
-				qty_dict.in_val += flt(d.actual_qty) * flt(d.valuation_rate)
+			if qty_diff > 0:
+				qty_dict.in_qty += qty_diff
+				qty_dict.in_val += value_diff
 			else:
-				qty_dict.out_qty += abs(flt(d.actual_qty))
-				qty_dict.out_val += flt(abs(flt(d.actual_qty) * flt(d.valuation_rate)))
+				qty_dict.out_qty += abs(qty_diff)
+				qty_dict.out_val += abs(value_diff)
 
-		qty_dict.bal_qty += flt(d.actual_qty)
-		qty_dict.bal_val += flt(d.actual_qty) * flt(d.valuation_rate)
+		qty_dict.bal_qty += qty_diff
+		qty_dict.bal_val += value_diff
 
 	return iwb_map
 
diff --git a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.json b/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.json
deleted file mode 100644
index f911956..0000000
--- a/erpnext/stock/report/warehouse_wise_stock_balance/warehouse_wise_stock_balance.json
+++ /dev/null
@@ -1,16 +0,0 @@
-{
- "apply_user_permissions": 1, 
- "creation": "2013-06-05 11:00:31", 
- "docstatus": 0, 
- "doctype": "Report", 
- "idx": 1, 
- "is_standard": "Yes", 
- "modified": "2014-06-03 07:18:17.384923", 
- "modified_by": "Administrator", 
- "module": "Stock", 
- "name": "Warehouse-Wise Stock Balance", 
- "owner": "Administrator", 
- "ref_doctype": "Stock Ledger Entry", 
- "report_name": "Warehouse-Wise Stock Balance", 
- "report_type": "Script Report"
-}
\ No newline at end of file