diff --git a/erpnext/accounts/report/accounts_payable/accounts_payable.js b/erpnext/accounts/report/accounts_payable/accounts_payable.js
index 9560b2a23d1..70f193e787b 100644
--- a/erpnext/accounts/report/accounts_payable/accounts_payable.js
+++ b/erpnext/accounts/report/accounts_payable/accounts_payable.js
@@ -8,6 +8,7 @@ frappe.query_reports["Accounts Payable"] = {
 			"label": __("Company"),
 			"fieldtype": "Link",
 			"options": "Company",
+			"reqd": 1,
 			"default": frappe.defaults.get_user_default("Company")
 		},
 		{
diff --git a/erpnext/accounts/report/accounts_receivable/accounts_receivable.js b/erpnext/accounts/report/accounts_receivable/accounts_receivable.js
index 27c7993f4dd..3661afe7977 100644
--- a/erpnext/accounts/report/accounts_receivable/accounts_receivable.js
+++ b/erpnext/accounts/report/accounts_receivable/accounts_receivable.js
@@ -8,6 +8,7 @@ frappe.query_reports["Accounts Receivable"] = {
 			"label": __("Company"),
 			"fieldtype": "Link",
 			"options": "Company",
+			"reqd": 1,
 			"default": frappe.defaults.get_user_default("Company")
 		},
 		{
diff --git a/erpnext/accounts/report/accounts_receivable/accounts_receivable.py b/erpnext/accounts/report/accounts_receivable/accounts_receivable.py
index 71276639386..f0769f68c9d 100755
--- a/erpnext/accounts/report/accounts_receivable/accounts_receivable.py
+++ b/erpnext/accounts/report/accounts_receivable/accounts_receivable.py
@@ -541,10 +541,11 @@ class ReceivablePayableReport(object):
 			conditions.append("""cost_center in (select name from `tabCost Center` where
 				lft >= {0} and rgt <= {1})""".format(lft, rgt))
 
-		accounts = [d.name for d in frappe.get_all("Account",
-			filters={"account_type": account_type, "company": self.filters.company})]
-		conditions.append("account in (%s)" % ','.join(['%s'] *len(accounts)))
-		values += accounts
+		if self.filters.company:
+			accounts = [d.name for d in frappe.get_all("Account",
+				filters={"account_type": account_type, "company": self.filters.company})]
+			conditions.append("account in (%s)" % ','.join(['%s'] *len(accounts)))
+			values += accounts
 
 		return " and ".join(conditions), values