diff --git a/erpnext/stock/doctype/warehouse/warehouse.py b/erpnext/stock/doctype/warehouse/warehouse.py
index 0eee6ba..ea476e6 100644
--- a/erpnext/stock/doctype/warehouse/warehouse.py
+++ b/erpnext/stock/doctype/warehouse/warehouse.py
@@ -139,7 +139,7 @@
 
 @frappe.whitelist()
 def get_children(doctype, parent=None, company=None, is_root=False):
-	from erpnext.stock.utils import get_stock_value_on
+	from erpnext.stock.utils import get_stock_value_from_bin
 
 	if is_root:
 		parent = ""
@@ -154,7 +154,7 @@
 
 	# return warehouses
 	for wh in warehouses:
-		wh["balance"] = get_stock_value_on(warehouse=wh.value)
+		wh["balance"] = get_stock_value_from_bin(warehouse=wh.value)
 	return warehouses
 
 @frappe.whitelist()
@@ -170,4 +170,4 @@
 @frappe.whitelist()
 def convert_to_group_or_ledger():
 	args = frappe.form_dict
-	return frappe.get_doc("Warehouse", args.docname).convert_to_group_or_ledger()
\ No newline at end of file
+	return frappe.get_doc("Warehouse", args.docname).convert_to_group_or_ledger()
diff --git a/erpnext/stock/utils.py b/erpnext/stock/utils.py
index 9b2fcb7..6140c17 100644
--- a/erpnext/stock/utils.py
+++ b/erpnext/stock/utils.py
@@ -9,21 +9,45 @@
 
 class InvalidWarehouseCompany(frappe.ValidationError): pass
 
+def get_stock_value_from_bin(warehouse=None, item_code=None):
+	values = {}
+	conditions = ""
+	if warehouse:
+		conditions += """ and warehouse in (
+						select w2.name from `tabWarehouse` w1
+						join `tabWarehouse` w2 on
+						w1.name = %(warehouse)s
+						and w2.lft between w1.lft and w1.rgt
+						) """
+
+		values['warehouse'] = warehouse
+
+	if item_code:
+		conditions += " and item_code = %(item_code)s"
+
+		values['item_code'] = item_code
+
+	query = "select sum(stock_value) from `tabBin` where 1 = 1 %s" % conditions
+
+	stock_value = frappe.db.sql(query, values)
+
+	return stock_value
+
 def get_stock_value_on(warehouse=None, posting_date=None, item_code=None):
 	if not posting_date: posting_date = nowdate()
 
 	values, condition = [posting_date], ""
 
 	if warehouse:
-		
+
 		lft, rgt, is_group = frappe.db.get_value("Warehouse", warehouse, ["lft", "rgt", "is_group"])
-		
+
 		if is_group:
 			values.extend([lft, rgt])
 			condition += "and exists (\
 				select name from `tabWarehouse` wh where wh.name = sle.warehouse\
 				and wh.lft >= %s and wh.rgt <= %s)"
-		
+
 		else:
 			values.append(warehouse)
 			condition += " AND warehouse = %s"
@@ -43,7 +67,7 @@
 	for sle in stock_ledger_entries:
 		if not sle_map.has_key((sle.item_code, sle.warehouse)):
 			sle_map[(sle.item_code, sle.warehouse)] = flt(sle.stock_value)
-		
+
 	return sum(sle_map.values())
 
 @frappe.whitelist()
@@ -73,17 +97,17 @@
 	values, condition = [item_code], ""
 	if warehouse:
 		lft, rgt, is_group = frappe.db.get_value("Warehouse", warehouse, ["lft", "rgt", "is_group"])
-	
+
 		if is_group:
 			values.extend([lft, rgt])
 			condition += "and exists (\
 				select name from `tabWarehouse` wh where wh.name = tabBin.warehouse\
 				and wh.lft >= %s and wh.rgt <= %s)"
-	
+
 		else:
 			values.append(warehouse)
 			condition += " AND warehouse = %s"
-	
+
 	actual_qty = frappe.db.sql("""select sum(actual_qty) from tabBin
 		where item_code=%s {0}""".format(condition), values)[0][0]
 
@@ -219,4 +243,3 @@
 def is_group_warehouse(warehouse):
 	if frappe.db.get_value("Warehouse", warehouse, "is_group"):
 		frappe.throw(_("Group node warehouse is not allowed to select for transactions"))
-