diff --git a/erpnext/patches.txt b/erpnext/patches.txt
index d71970a2a88e1f852fab481e086392eef01fb542..b012237e239cbe8d4128591eaac7606c0da8ff2e 100644
--- a/erpnext/patches.txt
+++ b/erpnext/patches.txt
@@ -362,6 +362,7 @@ execute:frappe.db.set_default("date_format", frappe.db.get_single_value("System
 erpnext.patches.v14_0.update_total_asset_cost_field
 erpnext.patches.v15_0.allow_on_submit_dimensions_for_repostable_doctypes
 erpnext.patches.v15_0.create_accounting_dimensions_in_payment_request
+erpnext.patches.v14_0.update_pos_return_ledger_entries #2024-08-16
 
 # @dokos
 erpnext.patches.dokos.v3_0.add_expiration_date_to_booking_legder
diff --git a/erpnext/patches/v14_0/update_pos_return_ledger_entries.py b/erpnext/patches/v14_0/update_pos_return_ledger_entries.py
new file mode 100644
index 0000000000000000000000000000000000000000..6a6d15e0b34a63d7da0920b20405973950e98ed5
--- /dev/null
+++ b/erpnext/patches/v14_0/update_pos_return_ledger_entries.py
@@ -0,0 +1,127 @@
+import frappe
+from frappe import qb
+
+from erpnext.accounts.utils import update_voucher_outstanding
+
+
+def get_valid_against_voucher_ref(pos_returns):
+	sinv = qb.DocType("Sales Invoice")
+	res = (
+		qb.from_(sinv)
+		.select(sinv.name, sinv.return_against)
+		.where(sinv.name.isin(pos_returns) & sinv.return_against.notnull())
+		.orderby(sinv.name)
+		.run(as_dict=True)
+	)
+	return res
+
+
+def build_dict_of_valid_against_reference(pos_returns):
+	_against_ref_dict = frappe._dict()
+	res = get_valid_against_voucher_ref(pos_returns)
+	for x in res:
+		_against_ref_dict[x.name] = x.return_against
+	return _against_ref_dict
+
+
+def fix_incorrect_against_voucher_ref(affected_pos_returns):
+	if affected_pos_returns:
+		valid_against_voucher_dict = build_dict_of_valid_against_reference(affected_pos_returns)
+
+		gle = qb.DocType("GL Entry")
+		gles_with_invalid_against = (
+			qb.from_(gle)
+			.select(gle.name, gle.voucher_no)
+			.where(
+				gle.voucher_no.isin(affected_pos_returns)
+				& gle.against_voucher.notnull()
+				& gle.against_voucher.eq(gle.voucher_no)
+				& gle.is_cancelled.eq(0)
+			)
+			.run(as_dict=True)
+		)
+		# Update GL
+		if gles_with_invalid_against:
+			for gl in gles_with_invalid_against:
+				frappe.db.set_value(
+					"GL Entry",
+					gl.name,
+					"against_voucher",
+					valid_against_voucher_dict[gl.voucher_no],
+				)
+
+		# Update Payment Ledger
+		ple = qb.DocType("Payment Ledger Entry")
+		for x in affected_pos_returns:
+			qb.update(ple).set(ple.against_voucher_no, valid_against_voucher_dict[x]).where(
+				ple.voucher_no.eq(x) & ple.delinked.eq(0)
+			).run()
+
+
+def get_pos_returns_with_invalid_against_ref():
+	sinv = qb.DocType("Sales Invoice")
+	pos_returns_without_self = (
+		qb.from_(sinv)
+		.select(sinv.name)
+		.where(
+			sinv.docstatus.eq(1)
+			& sinv.is_pos.eq(1)
+			& sinv.is_return.eq(1)
+			& sinv.return_against.notnull()
+			& sinv.update_outstanding_for_self.eq(0)
+		)
+		.run()
+	)
+	if pos_returns_without_self:
+		pos_returns_without_self = [x[0] for x in pos_returns_without_self]
+
+		gle = qb.DocType("GL Entry")
+		gl_against_references = (
+			qb.from_(gle)
+			.select(gle.voucher_no, gle.against_voucher)
+			.where(
+				gle.voucher_no.isin(pos_returns_without_self)
+				& gle.against_voucher.notnull()
+				& gle.against_voucher.eq(gle.voucher_no)
+				& gle.is_cancelled.eq(0)
+			)
+			.run()
+		)
+
+		if gl_against_references:
+			_vouchers = list(set([x[0] for x in gl_against_references]))
+			invoice_return_against = (
+				qb.from_(sinv)
+				.select(sinv.name, sinv.return_against)
+				.where(sinv.name.isin(_vouchers) & sinv.return_against.notnull())
+				.orderby(sinv.name)
+				.run()
+			)
+
+			valid_references = set(invoice_return_against)
+			actual_references = set(gl_against_references)
+
+			invalid_references = actual_references.difference(valid_references)
+			if invalid_references:
+				return [x[0] for x in invalid_references]
+	return None
+
+
+def update_outstanding_for_affected(affected_pos_returns):
+	if affected_pos_returns:
+		sinv = qb.DocType("Sales Invoice")
+		pos_with_accounts = (
+			qb.from_(sinv)
+			.select(sinv.return_against, sinv.debit_to, sinv.customer)
+			.where(sinv.name.isin(affected_pos_returns))
+			.run(as_dict=True)
+		)
+
+		for x in pos_with_accounts:
+			update_voucher_outstanding("Sales Invoice", x.return_against, x.debit_to, "Customer", x.customer)
+
+
+def execute():
+	affected_pos_returns = get_pos_returns_with_invalid_against_ref()
+	fix_incorrect_against_voucher_ref(affected_pos_returns)
+	update_outstanding_for_affected(affected_pos_returns)