diff --git a/lib/ui/reports/profit_loss_report.dart b/lib/ui/reports/profit_loss_report.dart
index a0d7081148..6295560290 100644
--- a/lib/ui/reports/profit_loss_report.dart
+++ b/lib/ui/reports/profit_loss_report.dart
@@ -294,7 +294,7 @@ ReportResult profitAndLossReport(
               .lookup(expense.entityState);
           break;
         case ProfitAndLossReportFields.converted_amount:
-          value = expense.convertedAmount;
+          value = -expense.convertedAmount;
           break;
       }