diff --git a/erpnext/assets/doctype/asset/asset.js b/erpnext/assets/doctype/asset/asset.js
index bbbdf2564eb..1b333d51c17 100644
--- a/erpnext/assets/doctype/asset/asset.js
+++ b/erpnext/assets/doctype/asset/asset.js
@@ -36,6 +36,7 @@ frappe.ui.form.on("Asset", {
 	},
 
 	company: function (frm) {
+		frm.trigger("set_dynamic_labels");
 		erpnext.accounts.dimensions.update_dimension(frm, frm.doctype);
 	},
 
@@ -87,6 +88,8 @@ frappe.ui.form.on("Asset", {
 	},
 
 	refresh: async function (frm) {
+		frm.trigger("set_dynamic_labels");
+
 		frappe.ui.form.trigger("Asset", "asset_type");
 		frm.toggle_display("next_depreciation_date", frm.doc.docstatus < 1);
 
@@ -227,6 +230,10 @@ frappe.ui.form.on("Asset", {
 		}
 	},
 
+	set_dynamic_labels: function (frm) {
+		frm.set_currency_labels(["net_purchase_amount"], erpnext.get_currency(frm.doc.company));
+	},
+
 	should_show_accounting_ledger: async function (frm) {
 		if (["Capitalized"].includes(frm.doc.status)) {
 			return false;
diff --git a/erpnext/assets/doctype/asset/asset.json b/erpnext/assets/doctype/asset/asset.json
index 9fe15940970..c048e972882 100644
--- a/erpnext/assets/doctype/asset/asset.json
+++ b/erpnext/assets/doctype/asset/asset.json
@@ -9,13 +9,13 @@
  "engine": "InnoDB",
  "field_order": [
   "naming_series",
-  "company",
   "item_code",
   "item_name",
   "asset_name",
+  "location",
   "image",
   "column_break_3",
-  "location",
+  "company",
   "asset_category",
   "asset_type",
   "maintenance_required",
@@ -533,7 +533,7 @@
    "fieldtype": "Currency",
    "label": "Net Purchase Amount",
    "mandatory_depends_on": "eval:(doc.asset_type != \"Composite Asset\" || doc.docstatus==1)",
-   "options": "Company:company:default_currency",
+   "options": "currency",
    "read_only_depends_on": "eval: doc.asset_type == \"Composite Asset\""
   },
   {
@@ -626,7 +626,7 @@
    "link_fieldname": "target_asset"
   }
  ],
- "modified": "2026-03-09 17:15:32.819896",
+ "modified": "2026-03-12 16:07:39.543227",
  "modified_by": "Administrator",
  "module": "Assets",
  "name": "Asset",