diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index 86b5a11..0df6a6c 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -620,7 +620,7 @@
 
 	if not account:
 		if not asset_category:
-			frappe.throw(_("Set {0} in company {2}").format(account_name.replace('_', ' ').title(), company))
+			frappe.throw(_("Set {0} in company {1}").format(account_name.replace('_', ' ').title(), company))
 		else:
 			frappe.throw(_("Set {0} in asset category {1} or company {2}")
 				.format(account_name.replace('_', ' ').title(), asset_category, company))