diff --git a/erpnext/accounts/report/financial_statements.py b/erpnext/accounts/report/financial_statements.py
index 67154455f95..0d1e185382d 100644
--- a/erpnext/accounts/report/financial_statements.py
+++ b/erpnext/accounts/report/financial_statements.py
@@ -519,9 +519,6 @@ def get_accounting_entries(
 		.where(gl_entry.company == filters.company)
 	)
 
-	if group_by_account:
-		query = query.groupby(gl_entry.account)
-
 	ignore_is_opening = frappe.db.get_single_value(
 		"Accounts Settings", "ignore_is_opening_check_for_reporting"
 	)
@@ -551,6 +548,9 @@ def get_accounting_entries(
 	if match_conditions:
 		query += "and" + match_conditions
 
+	if group_by_account:
+		query += " GROUP BY `account`"
+
 	return frappe.db.sql(query, params, as_dict=True)