diff --git a/.prettierignore b/.prettierignore
index 4da41445e..7e200f89d 100644
--- a/.prettierignore
+++ b/.prettierignore
@@ -1,4 +1,5 @@
 **/types.ts
 **/dist_electron
 **/dummy/*.json
-**/.github/ISSUE_TEMPLATE/*.yml
\ No newline at end of file
+**/.github/ISSUE_TEMPLATE/*.yml
+**/patches/v0_21_0/*
\ No newline at end of file
diff --git a/backend/patches/index.ts b/backend/patches/index.ts
index 9e05d37e4..e22f94340 100644
--- a/backend/patches/index.ts
+++ b/backend/patches/index.ts
@@ -5,6 +5,7 @@ import fixRoundOffAccount from './fixRoundOffAccount';
 import testPatch from './testPatch';
 import updateSchemas from './updateSchemas';
 import setPaymentReferenceType from './setPaymentReferenceType';
+import fixLedgerDateTime from './v0_21_0/fixLedgerDateTime';
 
 export default [
   { name: 'testPatch', version: '0.5.0-beta.0', patch: testPatch },
@@ -34,4 +35,9 @@ export default [
     version: '0.20.1',
     patch: setPaymentReferenceType,
   },
+  {
+    name: 'fixLedgerDateTime',
+    version: '0.21.1',
+    patch: fixLedgerDateTime,
+  },
 ] as Patch[];
diff --git a/backend/patches/v0_21_0/fixLedgerDateTime.ts b/backend/patches/v0_21_0/fixLedgerDateTime.ts
new file mode 100644
index 000000000..6f01cf009
--- /dev/null
+++ b/backend/patches/v0_21_0/fixLedgerDateTime.ts
@@ -0,0 +1,34 @@
+import { DatabaseManager } from '../../database/manager';
+
+/* eslint-disable */
+async function execute(dm: DatabaseManager) {
+    await dm.db!.knex!('AccountingLedgerEntry')
+        .select('name', 'date')
+        .then((trx: Array<{name: string; date: Date;}> ) => {
+            trx.forEach(async entry => {
+                const entryDate = new Date(entry['date']);
+                const timeZoneOffset = entryDate.getTimezoneOffset();
+                const offsetMinutes = timeZoneOffset % 60;
+                const offsetHours = (timeZoneOffset - offsetMinutes) / 60;
+
+                let daysToAdd = 0; // If behind or at GMT/Zulu time, don't need to add a day
+                if (timeZoneOffset < 0) {
+                    // If ahead of GMT/Zulu time, need to advance a day forward first
+                    daysToAdd = 1; 
+                }
+
+                entryDate.setDate(entryDate.getDate() + daysToAdd);
+                entryDate.setHours(0 - offsetHours);
+                entryDate.setMinutes(0 - offsetMinutes);
+                entryDate.setSeconds(0);
+                entryDate.setMilliseconds(0);
+
+                await dm.db!.knex!('AccountingLedgerEntry')
+                    .where({ name: entry['name'] })
+                    .update({ date: entryDate.toISOString() });
+            });
+        });
+}
+
+export default { execute, beforeMigrate: true };
+/* eslint-enable */
\ No newline at end of file
diff --git a/models/Transactional/LedgerPosting.ts b/models/Transactional/LedgerPosting.ts
index 1af625963..b342a0ce5 100644
--- a/models/Transactional/LedgerPosting.ts
+++ b/models/Transactional/LedgerPosting.ts
@@ -90,12 +90,31 @@ export class LedgerPosting {
       return map[account];
     }
 
+    // Timezone inconsistency fix (very ugly code for now)
+    const entryDateTime = this.refDoc.date as string | Date;
+    let dateTimeValue: Date;
+    if (typeof entryDateTime === 'string' || entryDateTime instanceof String) {
+      dateTimeValue = new Date(entryDateTime);
+    } else {
+      dateTimeValue = entryDateTime;
+    }
+    const dtFixedValue = dateTimeValue;
+    const dtMinutes = dtFixedValue.getTimezoneOffset() % 60;
+    const dtHours = (dtFixedValue.getTimezoneOffset() - dtMinutes) / 60;
+    // Forcing the time to always be set to 00:00.000 for locale time
+    dtFixedValue.setHours(0 - dtHours);
+    dtFixedValue.setMinutes(0 - dtMinutes);
+    dtFixedValue.setSeconds(0);
+    dtFixedValue.setMilliseconds(0);
+
+    // end ugly timezone fix code
+
     const ledgerEntry = this.fyo.doc.getNewDoc(
       ModelNameEnum.AccountingLedgerEntry,
       {
         account: account,
         party: (this.refDoc.party as string) ?? '',
-        date: this.refDoc.date as string | Date,
+        date: dtFixedValue,
         referenceType: this.refDoc.schemaName,
         referenceName: this.refDoc.name!,
         reverted: this.reverted,
diff --git a/package.json b/package.json
index 49719ea35..4667e7e30 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "frappe-books",
-  "version": "0.21.0",
+  "version": "0.21.1",
   "description": "Simple book-keeping app for everyone",
   "author": {
     "name": "Frappe Technologies Pvt. Ltd.",