diff --git a/app/Utils/Traits/GeneratesCounter.php b/app/Utils/Traits/GeneratesCounter.php
index 5e2e1642ae95..02b023a71419 100644
--- a/app/Utils/Traits/GeneratesCounter.php
+++ b/app/Utils/Traits/GeneratesCounter.php
@@ -663,7 +663,6 @@ trait GeneratesCounter
                 break;
         }
 
-        $settings = $company->settings;
         $settings->reset_counter_date = $new_reset_date->format('Y-m-d');
         $settings->invoice_number_counter = 1;
         $settings->quote_number_counter = 1;