diff --git a/erpnext/manufacturing/doctype/bom/bom.py b/erpnext/manufacturing/doctype/bom/bom.py
index 5ff531e797d5e47e9107ffea1c38035bc7666916..a4d132e89336530d0f85cedcd05fad5b8edb96fd 100644
--- a/erpnext/manufacturing/doctype/bom/bom.py
+++ b/erpnext/manufacturing/doctype/bom/bom.py
@@ -1321,12 +1321,18 @@ def get_children(parent=None, is_root=False, **filters):
 def add_additional_cost(stock_entry, work_order):
 	# Add non stock items cost in the additional cost
 	stock_entry.additional_costs = []
-	default_expense_account = frappe.get_cached_value(
-		"Company", work_order.company, "default_expense_account"
+	company_account = frappe.db.get_value(
+		"Company",
+		work_order.company,
+		["default_expense_account", "default_operating_cost_account"],
+		as_dict=1,
 	)
 
-	add_non_stock_items_cost(stock_entry, work_order, default_expense_account)
-	add_operations_cost(stock_entry, work_order, default_expense_account)
+	expecnse_account = (
+		company_account.default_operating_cost_account or company_account.default_expense_account
+	)
+	add_non_stock_items_cost(stock_entry, work_order, expecnse_account)
+	add_operations_cost(stock_entry, work_order, expecnse_account)
 
 
 def add_non_stock_items_cost(stock_entry, work_order, expense_account):
diff --git a/erpnext/manufacturing/doctype/work_order/test_work_order.py b/erpnext/manufacturing/doctype/work_order/test_work_order.py
index e451898797c75ba325416c156f18ac8b120ceff6..8f33104bfc76a6c68fdc9ece3dc05141d5fcdd22 100644
--- a/erpnext/manufacturing/doctype/work_order/test_work_order.py
+++ b/erpnext/manufacturing/doctype/work_order/test_work_order.py
@@ -1749,6 +1749,81 @@ class TestWorkOrder(FrappeTestCase):
 		job_card2.time_logs = []
 		job_card2.save()
 
+	def test_operating_cost_account(self):
+		operating_cost_account = "Test Operating Cost Account - _TC"
+		company = "_Test Company"
+		if not frappe.db.exists("Account", operating_cost_account):
+			frappe.get_doc(
+				{
+					"doctype": "Account",
+					"account_name": "Test Operating Cost Account",
+					"account_type": "Expense Account",
+					"company": company,
+					"parent_account": "Expenses - _TC",
+					"root_type": "Expense",
+				}
+			).insert()
+
+		frappe.db.set_value("Company", company, "default_operating_cost_account", operating_cost_account)
+
+		for item in ["TEST RM OP COST Item 1", "TEST FG OP COST Item"]:
+			if not frappe.db.exists("Item", item):
+				make_item(item_code=item, properties={"is_stock_item": 1})
+
+		fg_item = "TEST FG OP COST Item"
+		bom_doc = make_bom(
+			item=fg_item,
+			raw_materials=["TEST RM OP COST Item 1"],
+			rate=150,
+			with_operations=1,
+			do_not_save=True,
+		)
+
+		workstation = "Test Workstation For Capacity Planning 1"
+		if not frappe.db.exists("Workstation", workstation):
+			make_workstation(workstation=workstation, production_capacity=1)
+
+		operation = "Test Operation For Capacity Planning 1"
+		if not frappe.db.exists("Operation", operation):
+			make_operation(operation=operation, workstation=workstation)
+
+		bom_doc.append(
+			"operations",
+			{"operation": operation, "time_in_mins": 60, "hour_rate": 100, "workstation": workstation},
+		)
+
+		bom_doc.save()
+		bom_doc.submit()
+
+		wo = make_wo_order_test_record(
+			production_item=fg_item,
+			bom_no=bom_doc.name,
+			qty=1,
+			skip_transfer=1,
+		)
+
+		job_cards = frappe.get_all("Job Card", filters={"work_order": wo.name})
+		for job_card in job_cards:
+			job_card_doc = frappe.get_doc("Job Card", job_card.name)
+			job_card_doc.time_logs = []
+			job_card_doc.append(
+				"time_logs",
+				{
+					"from_time": now(),
+					"to_time": add_to_date(now(), minutes=60),
+					"time_in_mins": 60,
+					"completed_qty": 1,
+				},
+			)
+
+			job_card_doc.submit()
+
+		se_doc = frappe.get_doc(make_stock_entry(wo.name, "Manufacture", 1))
+		se_doc.save()
+
+		for row in se_doc.additional_costs:
+			self.assertEqual(row.expense_account, operating_cost_account)
+
 	def test_op_cost_and_scrap_based_on_sub_assemblies(self):
 		# Make Sub Assembly BOM 1
 
diff --git a/erpnext/setup/doctype/company/company.js b/erpnext/setup/doctype/company/company.js
index 45d8b496321c21acdba64650e18003373c1ca844..a042b8ce01319775170be475c3792d7b68e410a7 100644
--- a/erpnext/setup/doctype/company/company.js
+++ b/erpnext/setup/doctype/company/company.js
@@ -28,6 +28,12 @@ frappe.ui.form.on("Company", {
 			};
 		});
 
+		frm.set_query("default_operating_cost_account", function (doc) {
+			return {
+				filters: { company: doc.name, root_type: "Expense" },
+			};
+		});
+
 		frm.set_query("default_selling_terms", function () {
 			return { filters: { selling: 1 } };
 		});
diff --git a/erpnext/setup/doctype/company/company.json b/erpnext/setup/doctype/company/company.json
index 289d303d25113c24ca194810b7bcb32d38f20999..897eeeb44614fb7704f7771d77fbe0a61595053a 100644
--- a/erpnext/setup/doctype/company/company.json
+++ b/erpnext/setup/doctype/company/company.json
@@ -108,6 +108,8 @@
   "stock_received_but_not_billed",
   "default_provisional_account",
   "default_in_transit_warehouse",
+  "manufacturing_section",
+  "default_operating_cost_account",
   "dashboard_tab"
  ],
  "fields": [
@@ -764,13 +766,24 @@
   {
    "fieldname": "stock_tab",
    "fieldtype": "Tab Break",
-   "label": "Stock"
+   "label": "Stock and Manufacturing"
   },
   {
    "fieldname": "dashboard_tab",
    "fieldtype": "Tab Break",
    "label": "Dashboard",
    "show_dashboard": 1
+  },
+  {
+   "fieldname": "manufacturing_section",
+   "fieldtype": "Section Break",
+   "label": "Manufacturing"
+  },
+  {
+   "fieldname": "default_operating_cost_account",
+   "fieldtype": "Link",
+   "label": "Default Operating Cost Account",
+   "options": "Account"
   }
  ],
  "icon": "fa fa-building",
@@ -778,7 +791,7 @@
  "image_field": "company_logo",
  "is_tree": 1,
  "links": [],
- "modified": "2024-05-27 17:32:49.057386",
+ "modified": "2024-06-21 17:46:25.567565",
  "modified_by": "Administrator",
  "module": "Setup",
  "name": "Company",
diff --git a/erpnext/setup/doctype/company/company.py b/erpnext/setup/doctype/company/company.py
index 0725fd15072b5a0a7580dba1fb8fb69b927cb1db..845e97df102fb165127849723f358db3f22e68bb 100644
--- a/erpnext/setup/doctype/company/company.py
+++ b/erpnext/setup/doctype/company/company.py
@@ -60,6 +60,7 @@ class Company(NestedSet):
 		default_income_account: DF.Link | None
 		default_inventory_account: DF.Link | None
 		default_letter_head: DF.Link | None
+		default_operating_cost_account: DF.Link | None
 		default_payable_account: DF.Link | None
 		default_provisional_account: DF.Link | None
 		default_receivable_account: DF.Link | None