diff --git a/erpnext/accounts/doctype/bank_reconciliation_tool/bank_reconciliation_tool.py b/erpnext/accounts/doctype/bank_reconciliation_tool/bank_reconciliation_tool.py
index 3ce867dc96e..8ebbc1e7c0b 100644
--- a/erpnext/accounts/doctype/bank_reconciliation_tool/bank_reconciliation_tool.py
+++ b/erpnext/accounts/doctype/bank_reconciliation_tool/bank_reconciliation_tool.py
@@ -304,6 +304,7 @@ def create_payment_entry_bts(
 	project=None,
 	cost_center=None,
 	allow_edit=None,
+	company_bank_account=None,
 ):
 	# Create a new payment entry based on the bank transaction
 	bank_transaction = frappe.db.get_values(
@@ -344,6 +345,7 @@ def create_payment_entry_bts(
 	pe.mode_of_payment = mode_of_payment
 	pe.project = project
 	pe.cost_center = cost_center
+	pe.bank_account = company_bank_account
 
 	pe.validate()
 
diff --git a/erpnext/public/js/bank_reconciliation_tool/dialog_manager.js b/erpnext/public/js/bank_reconciliation_tool/dialog_manager.js
index bab25b6eca2..9879ede4ef3 100644
--- a/erpnext/public/js/bank_reconciliation_tool/dialog_manager.js
+++ b/erpnext/public/js/bank_reconciliation_tool/dialog_manager.js
@@ -361,6 +361,21 @@ erpnext.accounts.bank_reconciliation.DialogManager = class DialogManager {
 				mandatory_depends_on:
 					"eval:doc.action=='Create Voucher' && doc.document_type=='Payment Entry'",
 			},
+			{
+				fieldname: "bank_account",
+				fieldtype: "Link",
+				label: "Company Bank Account",
+				options: "Bank Account",
+				depends_on: "eval:doc.party",
+				get_query: function () {
+					return {
+						filters: {
+							is_company_account: 1,
+							company: this.company,
+						},
+					};
+				},
+			},
 			{
 				fieldname: "project",
 				fieldtype: "Link",
@@ -511,6 +526,7 @@ erpnext.accounts.bank_reconciliation.DialogManager = class DialogManager {
 				mode_of_payment: values.mode_of_payment,
 				project: values.project,
 				cost_center: values.cost_center,
+				company_bank_account: values?.company_bank_account || this?.bank_account,
 			},
 			callback: (response) => {
 				const alert_string = __("Bank Transaction {0} added as Payment Entry", [
@@ -582,6 +598,7 @@ erpnext.accounts.bank_reconciliation.DialogManager = class DialogManager {
 					project: values.project,
 					cost_center: values.cost_center,
 					allow_edit: true,
+					company_bank_account: values?.company_bank_account || this?.bank_account,
 				},
 				callback: (r) => {
 					const doc = frappe.model.sync(r.message);