diff --git a/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.js b/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.js
index 6fda7b5..298d838 100644
--- a/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.js
+++ b/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.js
@@ -15,7 +15,7 @@
 			"fieldtype": "MultiSelectList",
 			get_data: function(txt) {
 				return frappe.db.get_link_options('Project', txt, {
-					company: ["in", [frappe.query_report.get_filter_value("company"), ""]],
+					company: frappe.query_report.get_filter_value("company")
 				});
 			},
 		},
diff --git a/erpnext/projects/doctype/project/project.json b/erpnext/projects/doctype/project/project.json
index f007430..502ee57 100644
--- a/erpnext/projects/doctype/project/project.json
+++ b/erpnext/projects/doctype/project/project.json
@@ -289,7 +289,8 @@
    "fieldtype": "Link",
    "label": "Company",
    "options": "Company",
-   "remember_last_selected_value": 1
+   "remember_last_selected_value": 1,
+   "reqd": 1
   },
   {
    "fieldname": "column_break_28",