diff --git a/erpnext/stock/report/stock_balance/stock_balance.js b/erpnext/stock/report/stock_balance/stock_balance.js
index 33ed955a5c4..6de5f00ece8 100644
--- a/erpnext/stock/report/stock_balance/stock_balance.js
+++ b/erpnext/stock/report/stock_balance/stock_balance.js
@@ -71,6 +71,14 @@ frappe.query_reports["Stock Balance"] = {
 			"width": "80",
 			"options": "Warehouse Type"
 		},
+		{
+			"fieldname": "valuation_field_type",
+			"label": __("Valuation Field Type"),
+			"fieldtype": "Select",
+			"width": "80",
+			"options": "Currency\nFloat",
+			"default": "Currency"
+		},
 		{
 			"fieldname":"include_uom",
 			"label": __("Include UOM"),
diff --git a/erpnext/stock/report/stock_balance/stock_balance.py b/erpnext/stock/report/stock_balance/stock_balance.py
index d60e9b57abe..1dafb4d8dd6 100644
--- a/erpnext/stock/report/stock_balance/stock_balance.py
+++ b/erpnext/stock/report/stock_balance/stock_balance.py
@@ -446,9 +446,12 @@ class StockBalanceReport(object):
 				{
 					"label": _("Valuation Rate"),
 					"fieldname": "val_rate",
-					"fieldtype": "Float",
+					"fieldtype": self.filters.valuation_field_type or "Currency",
 					"width": 90,
 					"convertible": "rate",
+					"options": "Company:company:default_currency"
+					if self.filters.valuation_field_type == "Currency"
+					else None,
 				},
 				{
 					"label": _("Reserved Stock"),
diff --git a/erpnext/stock/report/stock_ledger/stock_ledger.js b/erpnext/stock/report/stock_ledger/stock_ledger.js
index 0def161d283..b00b422a67a 100644
--- a/erpnext/stock/report/stock_ledger/stock_ledger.js
+++ b/erpnext/stock/report/stock_ledger/stock_ledger.js
@@ -82,7 +82,15 @@ frappe.query_reports["Stock Ledger"] = {
 			"label": __("Include UOM"),
 			"fieldtype": "Link",
 			"options": "UOM"
-		}
+		},
+		{
+			"fieldname": "valuation_field_type",
+			"label": __("Valuation Field Type"),
+			"fieldtype": "Select",
+			"width": "80",
+			"options": "Currency\nFloat",
+			"default": "Currency"
+		},
 	],
 	"formatter": function (value, row, column, data, default_formatter) {
 		value = default_formatter(value, row, column, data);
diff --git a/erpnext/stock/report/stock_ledger/stock_ledger.py b/erpnext/stock/report/stock_ledger/stock_ledger.py
index ed28ed3ee46..eeef39641b0 100644
--- a/erpnext/stock/report/stock_ledger/stock_ledger.py
+++ b/erpnext/stock/report/stock_ledger/stock_ledger.py
@@ -196,17 +196,21 @@ def get_columns(filters):
 			{
 				"label": _("Avg Rate (Balance Stock)"),
 				"fieldname": "valuation_rate",
-				"fieldtype": "Float",
+				"fieldtype": filters.valuation_field_type,
 				"width": 180,
-				"options": "Company:company:default_currency",
+				"options": "Company:company:default_currency"
+				if filters.valuation_field_type == "Currency"
+				else None,
 				"convertible": "rate",
 			},
 			{
 				"label": _("Valuation Rate"),
 				"fieldname": "in_out_rate",
-				"fieldtype": "Float",
+				"fieldtype": filters.valuation_field_type,
 				"width": 140,
-				"options": "Company:company:default_currency",
+				"options": "Company:company:default_currency"
+				if filters.valuation_field_type == "Currency"
+				else None,
 				"convertible": "rate",
 			},
 			{