diff --git a/erpnext/stock/doctype/stock_entry/stock_entry.js b/erpnext/stock/doctype/stock_entry/stock_entry.js
index e954cf6..4670ff8 100644
--- a/erpnext/stock/doctype/stock_entry/stock_entry.js
+++ b/erpnext/stock/doctype/stock_entry/stock_entry.js
@@ -43,7 +43,7 @@
 				return erpnext.queries.item({is_stock_item: "Yes"});
 			}
 		};
-		
+
 		this.frm.set_query("purchase_order", function() {
 			return {
 				"filters": {
@@ -68,8 +68,13 @@
 	},
 
 	onload_post_render: function() {
+		var me = this;
 		cur_frm.get_field("items").grid.set_multiple_add("item_code", "qty");
-		this.set_default_account();
+		this.set_default_account(function() {
+			if(me.frm.doc.__islocal && me.frm.doc.company && !me.frm.doc.amended_from) {
+				cur_frm.script_manager.trigger("company");
+			}
+		});
 	},
 
 	refresh: function() {
@@ -102,7 +107,7 @@
 		this.clean_up();
 	},
 
-	set_default_account: function() {
+	set_default_account: function(callback) {
 		var me = this;
 
 		if(cint(frappe.defaults.get_default("auto_accounting_for_stock")) && this.frm.doc.company) {
@@ -122,6 +127,7 @@
 						$.each(me.frm.doc.items || [], function(i, d) {
 							if(!d.expense_account) d.expense_account = r.message;
 						});
+						if(callback) callback();
 					}
 				}
 			});
@@ -521,7 +527,14 @@
 }
 
 cur_frm.cscript.company = function(doc, cdt, cdn) {
-	erpnext.get_fiscal_year(doc.company, doc.posting_date);
+	if(doc.company) {
+		erpnext.get_fiscal_year(doc.company, doc.posting_date, function() {
+			var company_doc = frappe.get_doc(":Company", doc.company);
+			if(company_doc.default_letter_head) {
+				cur_frm.set_value("letter_head", company_doc.default_letter_head);
+			}
+		});
+	}
 }
 
 cur_frm.cscript.posting_date = function(doc, cdt, cdn){
diff --git a/erpnext/stock/doctype/stock_entry/stock_entry.json b/erpnext/stock/doctype/stock_entry/stock_entry.json
index 126da73..11898ce 100644
--- a/erpnext/stock/doctype/stock_entry/stock_entry.json
+++ b/erpnext/stock/doctype/stock_entry/stock_entry.json
@@ -633,6 +633,14 @@
    "search_index": 0
   }, 
   {
+   "fieldname": "letter_head", 
+   "fieldtype": "Link", 
+   "label": "Letter Head", 
+   "options": "Letter Head", 
+   "permlevel": 0, 
+   "precision": ""
+  }, 
+  {
    "allow_on_submit": 0, 
    "fieldname": "amended_from", 
    "fieldtype": "Link", 
@@ -670,7 +678,7 @@
  "is_submittable": 1, 
  "issingle": 0, 
  "max_attachments": 0, 
- "modified": "2015-03-03 18:09:12.035606", 
+ "modified": "2015-05-20 07:58:59.025553", 
  "modified_by": "Administrator", 
  "module": "Stock", 
  "name": "Stock Entry",