diff --git a/erpnext/change_log/current/auto_insert_price_list_rate.md b/erpnext/change_log/current/auto_insert_price_list_rate.md
new file mode 100644
index 0000000..6ea6689
--- /dev/null
+++ b/erpnext/change_log/current/auto_insert_price_list_rate.md
@@ -0,0 +1 @@
+- Automatically insert Price List Rate in Price List if added in transaction if permission exists and allowed from Stock Settings
diff --git a/erpnext/change_log/current/product_bundle.md b/erpnext/change_log/current/product_bundle.md
new file mode 100644
index 0000000..56c1716
--- /dev/null
+++ b/erpnext/change_log/current/product_bundle.md
@@ -0,0 +1 @@
+- Product Bundle now allowed for all Items (stock or non-stock)
diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index 761f1a9..b2d8068 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -187,4 +187,4 @@
 erpnext.patches.v5_4.set_root_and_report_type
 erpnext.patches.v5_4.notify_system_managers_regarding_wrong_tax_calculation
 erpnext.patches.v5_4.fix_invoice_outstanding
-execute:frappe.db.sql("update `tabStock Ledger Entry` set stock_queue = '[]' where voucher_type = 'Stock Reconciliation' and ifnull(qty_after_transaction, 0) = 0")
\ No newline at end of file
+execute:frappe.db.sql("update `tabStock Ledger Entry` set stock_queue = '[]' where voucher_type = 'Stock Reconciliation' and ifnull(qty_after_transaction, 0) = 0")
diff --git a/erpnext/public/js/controllers/transaction.js b/erpnext/public/js/controllers/transaction.js
index 5ba3651..ba10702 100644
--- a/erpnext/public/js/controllers/transaction.js
+++ b/erpnext/public/js/controllers/transaction.js
@@ -36,7 +36,7 @@
 		if(this.frm.fields_dict["items"]) {
 			this["items_remove"] = this.calculate_taxes_and_totals;
 		}
-		
+
 		if(this.frm.fields_dict["recurring_print_format"]) {
 			this.frm.set_query("recurring_print_format", function(doc) {
 				return{
@@ -46,7 +46,7 @@
 				}
 			});
 		}
-		
+
 		if(this.frm.fields_dict["return_against"]) {
 			this.frm.set_query("return_against", function(doc) {
 				var filters = {
@@ -56,13 +56,13 @@
 				};
 				if (me.frm.fields_dict["customer"] && doc.customer) filters["customer"] = doc.customer;
 				if (me.frm.fields_dict["supplier"] && doc.supplier) filters["supplier"] = doc.supplier;
-	
+
 				return {
 					filters: filters
 				}
 			});
 		}
-		
+
 	},
 
 	onload_post_render: function() {
@@ -275,7 +275,7 @@
 	posting_date: function() {
 		var me = this;
 		if (this.frm.doc.posting_date) {
-			if ((this.frm.doc.doctype == "Sales Invoice" && this.frm.doc.customer) || 
+			if ((this.frm.doc.doctype == "Sales Invoice" && this.frm.doc.customer) ||
 				(this.frm.doc.doctype == "Purchase Invoice" && this.frm.doc.supplier)) {
 				return frappe.call({
 					method: "erpnext.accounts.party.get_due_date",
@@ -284,7 +284,7 @@
 						"party_type": me.frm.doc.doctype == "Sales Invoice" ? "Customer" : "Supplier",
 						"party": me.frm.doc.doctype == "Sales Invoice" ? me.frm.doc.customer : me.frm.doc.supplier,
 						"company": me.frm.doc.company
-					}, 
+					},
 					callback: function(r, rt) {
 						if(r.message) {
 							me.frm.set_value("due_date", r.message);
@@ -301,7 +301,7 @@
 	get_company_currency: function() {
 		return erpnext.get_currency(this.frm.doc.company);
 	},
-	
+
 	contact_person: function() {
 		erpnext.utils.get_contact_details(this.frm);
 	},
@@ -373,7 +373,7 @@
 	plc_conversion_rate: function() {
 		if(this.frm.doc.price_list_currency === this.get_company_currency()) {
 			this.frm.set_value("plc_conversion_rate", 1.0);
-		} else if(this.frm.doc.price_list_currency === this.frm.doc.currency 
+		} else if(this.frm.doc.price_list_currency === this.frm.doc.currency
 			&& this.frm.doc.plc_conversion_rate && cint(this.frm.doc.plc_conversion_rate) != 1 &&
 			cint(this.frm.doc.plc_conversion_rate) != cint(this.frm.doc.conversion_rate)) {
 				this.frm.set_value("conversion_rate", this.frm.doc.plc_conversion_rate);
diff --git a/erpnext/selling/doctype/sales_order/test_sales_order.py b/erpnext/selling/doctype/sales_order/test_sales_order.py
index d4d5f92..1ceda12 100644
--- a/erpnext/selling/doctype/sales_order/test_sales_order.py
+++ b/erpnext/selling/doctype/sales_order/test_sales_order.py
@@ -240,6 +240,37 @@
 		self.assertTrue("_Test Service Product Bundle Item 1" in [d.item_code for d in so.packed_items])
 		self.assertTrue("_Test Service Product Bundle Item 2" in [d.item_code for d in so.packed_items])
 
+	def test_auto_insert_price(self):
+		from erpnext.stock.doctype.item.test_item import make_item
+		make_item("_Test Item for Auto Price List", {"is_stock_item": 0, "is_sales_item": 1})
+		frappe.db.set_value("Stock Settings", None, "auto_insert_price_list_rate_if_missing", 1)
+
+		item_price = frappe.db.get_value("Item Price", {"price_list": "_Test Price List",
+			"item_code": "_Test Item for Auto Price List"})
+		if item_price:
+			frappe.delete_doc("Item Price", item_price)
+
+		make_sales_order(item_code = "_Test Item for Auto Price List", selling_price_list="_Test Price List", rate=100)
+
+		self.assertEquals(frappe.db.get_value("Item Price",
+			{"price_list": "_Test Price List", "item_code": "_Test Item for Auto Price List"}, "price_list_rate"), 100)
+
+
+		# do not update price list
+		frappe.db.set_value("Stock Settings", None, "auto_insert_price_list_rate_if_missing", 0)
+
+		item_price = frappe.db.get_value("Item Price", {"price_list": "_Test Price List",
+			"item_code": "_Test Item for Auto Price List"})
+		if item_price:
+			frappe.delete_doc("Item Price", item_price)
+
+		make_sales_order(item_code = "_Test Item for Auto Price List", selling_price_list="_Test Price List", rate=100)
+
+		self.assertEquals(frappe.db.get_value("Item Price",
+			{"price_list": "_Test Price List", "item_code": "_Test Item for Auto Price List"}, "price_list_rate"), None)
+
+		frappe.db.set_value("Stock Settings", None, "auto_insert_price_list_rate_if_missing", 1)
+
 def make_sales_order(**args):
 	so = frappe.new_doc("Sales Order")
 	args = frappe._dict(args)
@@ -250,6 +281,8 @@
 	so.customer = args.customer or "_Test Customer"
 	so.delivery_date = add_days(so.transaction_date, 10)
 	so.currency = args.currency or "INR"
+	if args.selling_price_list:
+		so.selling_price_list = args.selling_price_list
 
 	so.append("items", {
 		"item_code": args.item or args.item_code or "_Test Item",
diff --git a/erpnext/selling/doctype/selling_settings/selling_settings.json b/erpnext/selling/doctype/selling_settings/selling_settings.json
index aafc31e..fb239d6 100644
--- a/erpnext/selling/doctype/selling_settings/selling_settings.json
+++ b/erpnext/selling/doctype/selling_settings/selling_settings.json
@@ -1,103 +1,250 @@
 {
+ "allow_copy": 0, 
+ "allow_import": 0, 
+ "allow_rename": 0, 
  "creation": "2013-06-25 10:25:16", 
+ "custom": 0, 
  "description": "Settings for Selling Module", 
  "docstatus": 0, 
  "doctype": "DocType", 
  "document_type": "Other", 
  "fields": [
   {
+   "allow_on_submit": 0, 
    "default": "Customer Name", 
    "fieldname": "cust_master_name", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Customer Naming By", 
+   "no_copy": 0, 
    "options": "Customer Name\nNaming Series", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "campaign_naming_by", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Campaign Naming By", 
+   "no_copy": 0, 
    "options": "Campaign Name\nNaming Series", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "description": "", 
    "fieldname": "customer_group", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Default Customer Group", 
+   "no_copy": 0, 
    "options": "Customer Group", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "description": "", 
    "fieldname": "territory", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Default Territory", 
+   "no_copy": 0, 
    "options": "Territory", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "selling_price_list", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Default Price List", 
+   "no_copy": 0, 
    "options": "Price List", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "column_break_5", 
    "fieldtype": "Column Break", 
-   "permlevel": 0
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "so_required", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Sales Order Required", 
+   "no_copy": 0, 
    "options": "No\nYes", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "dn_required", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Delivery Note Required", 
+   "no_copy": 0, 
    "options": "No\nYes", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "maintain_same_sales_rate", 
    "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Maintain Same Rate Throughout Sales Cycle", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "editable_price_list_rate", 
    "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Allow user to edit Price List Rate in transactions", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }
  ], 
+ "hide_heading": 0, 
+ "hide_toolbar": 0, 
  "icon": "icon-cog", 
  "idx": 1, 
+ "in_create": 0, 
+ "in_dialog": 0, 
+ "is_submittable": 0, 
  "issingle": 1, 
- "modified": "2015-02-05 05:11:46.384538", 
+ "istable": 0, 
+ "modified": "2015-08-03 12:59:51.829458", 
  "modified_by": "Administrator", 
  "module": "Selling", 
  "name": "Selling Settings", 
  "owner": "Administrator", 
  "permissions": [
   {
+   "amend": 0, 
+   "apply_user_permissions": 0, 
+   "cancel": 0, 
    "create": 1, 
+   "delete": 0, 
    "email": 1, 
+   "export": 0, 
+   "if_owner": 0, 
+   "import": 0, 
    "permlevel": 0, 
    "print": 1, 
    "read": 1, 
+   "report": 0, 
    "role": "System Manager", 
+   "set_user_permissions": 0, 
    "share": 1, 
+   "submit": 0, 
    "write": 1
   }
- ]
+ ], 
+ "read_only": 0, 
+ "read_only_onload": 0
 }
\ No newline at end of file
diff --git a/erpnext/setup/page/setup_wizard/setup_wizard.py b/erpnext/setup/page/setup_wizard/setup_wizard.py
index 2734172..cb59a82 100644
--- a/erpnext/setup/page/setup_wizard/setup_wizard.py
+++ b/erpnext/setup/page/setup_wizard/setup_wizard.py
@@ -220,6 +220,7 @@
 	stock_settings.valuation_method = "FIFO"
 	stock_settings.stock_uom = _("Nos")
 	stock_settings.auto_indent = 1
+	stock_settings.auto_insert_price_list_rate_if_missing = 1
 	stock_settings.save()
 
 	selling_settings = frappe.get_doc("Selling Settings")
diff --git a/erpnext/stock/doctype/stock_settings/stock_settings.json b/erpnext/stock/doctype/stock_settings/stock_settings.json
index 4907e45..a6dc6d4 100644
--- a/erpnext/stock/doctype/stock_settings/stock_settings.json
+++ b/erpnext/stock/doctype/stock_settings/stock_settings.json
@@ -1,123 +1,343 @@
 {
+ "allow_copy": 0, 
+ "allow_import": 0, 
+ "allow_rename": 0, 
  "creation": "2013-06-24 16:37:54", 
+ "custom": 0, 
  "description": "Settings", 
  "docstatus": 0, 
  "doctype": "DocType", 
  "fields": [
   {
+   "allow_on_submit": 0, 
    "default": "Item Code", 
    "fieldname": "item_naming_by", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Item Naming By", 
+   "no_copy": 0, 
    "options": "Item Code\nNaming Series", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "description": "", 
    "fieldname": "item_group", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Default Item Group", 
+   "no_copy": 0, 
    "options": "Item Group", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "stock_uom", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Default Stock UOM", 
+   "no_copy": 0, 
    "options": "UOM", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
+   "fieldname": "auto_insert_price_list_rate_if_missing", 
+   "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
+   "label": "Auto insert Price List rate if missing", 
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "precision": "", 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
+  }, 
+  {
+   "allow_on_submit": 0, 
    "fieldname": "column_break_4", 
    "fieldtype": "Column Break", 
-   "permlevel": 0
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "valuation_method", 
    "fieldtype": "Select", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Default Valuation Method", 
+   "no_copy": 0, 
    "options": "FIFO\nMoving Average", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "description": "Percentage you are allowed to receive or deliver more against the quantity ordered. For example: If you have ordered 100 units. and your Allowance is 10% then you are allowed to receive 110 units.", 
    "fieldname": "tolerance", 
    "fieldtype": "Float", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Allowance Percent", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "allow_negative_stock", 
    "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
    "in_list_view": 1, 
    "label": "Allow Negative Stock", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "auto_material_request", 
    "fieldtype": "Section Break", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Auto Material Request", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "auto_indent", 
    "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Raise Material Request when stock reaches re-order level", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "reorder_email_notify", 
    "fieldtype": "Check", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Notify by Email on creation of automatic Material Request", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "freeze_stock_entries", 
    "fieldtype": "Section Break", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Freeze Stock Entries", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "stock_frozen_upto", 
    "fieldtype": "Date", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Stock Frozen Upto", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "stock_frozen_upto_days", 
    "fieldtype": "Int", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Freeze Stocks Older Than [Days]", 
-   "permlevel": 0
+   "no_copy": 0, 
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }, 
   {
+   "allow_on_submit": 0, 
    "fieldname": "stock_auth_role", 
    "fieldtype": "Link", 
+   "hidden": 0, 
+   "ignore_user_permissions": 0, 
+   "in_filter": 0, 
+   "in_list_view": 0, 
    "label": "Role Allowed to edit frozen stock", 
+   "no_copy": 0, 
    "options": "Role", 
-   "permlevel": 0
+   "permlevel": 0, 
+   "print_hide": 0, 
+   "read_only": 0, 
+   "report_hide": 0, 
+   "reqd": 0, 
+   "search_index": 0, 
+   "set_only_once": 0, 
+   "unique": 0
   }
  ], 
+ "hide_heading": 0, 
+ "hide_toolbar": 0, 
  "icon": "icon-cog", 
  "idx": 1, 
+ "in_create": 0, 
+ "in_dialog": 0, 
+ "is_submittable": 0, 
  "issingle": 1, 
- "modified": "2015-07-13 05:28:23.839277", 
+ "istable": 0, 
+ "modified": "2015-08-03 13:00:36.082986", 
  "modified_by": "Administrator", 
  "module": "Stock", 
  "name": "Stock Settings", 
  "owner": "Administrator", 
  "permissions": [
   {
+   "amend": 0, 
+   "apply_user_permissions": 0, 
+   "cancel": 0, 
    "create": 1, 
+   "delete": 0, 
    "email": 1, 
+   "export": 0, 
+   "if_owner": 0, 
+   "import": 0, 
    "permlevel": 0, 
    "print": 1, 
    "read": 1, 
+   "report": 0, 
    "role": "Stock Manager", 
+   "set_user_permissions": 0, 
    "share": 1, 
+   "submit": 0, 
    "write": 1
   }
- ]
+ ], 
+ "read_only": 0, 
+ "read_only_onload": 0
 }
\ No newline at end of file
diff --git a/erpnext/stock/get_item_details.py b/erpnext/stock/get_item_details.py
index faf3d98..c45439a 100644
--- a/erpnext/stock/get_item_details.py
+++ b/erpnext/stock/get_item_details.py
@@ -214,6 +214,8 @@
 			price_list_rate = get_price_list_rate_for(args, item_doc.variant_of)
 
 		if not price_list_rate:
+			if args.price_list and args.rate:
+				insert_item_price(args)
 			return {}
 
 		out.price_list_rate = flt(price_list_rate) * flt(args.plc_conversion_rate) \
@@ -224,6 +226,22 @@
 			out.update(get_last_purchase_details(item_doc.name,
 				args.parent, args.conversion_rate))
 
+def insert_item_price(args):
+	"""Insert Item Price if Price List and Price List Rate are specified and currency is the same"""
+	if frappe.db.get_value("Price List", args.price_list, "currency") == args.currency \
+		and cint(frappe.db.get_single_value("Stock Settings", "auto_insert_price_list_rate_if_missing")):
+		if frappe.has_permission("Item Price", "write"):
+			item_price = frappe.get_doc({
+				"doctype": "Item Price",
+				"price_list": args.price_list,
+				"item_code": args.item_code,
+				"currency": args.currency,
+				"price_list_rate": args.rate
+			})
+			item_price.insert()
+			frappe.msgprint("Item Price added for {0} in Price List {1}".format(args.item_code,
+				args.price_list))
+
 def get_price_list_rate_for(args, item_code):
 	return frappe.db.get_value("Item Price",
 			{"price_list": args.price_list, "item_code": item_code}, "price_list_rate")