diff --git a/frappe/printing/page/print_format_builder/print_format_builder.js b/frappe/printing/page/print_format_builder/print_format_builder.js
index 7611f4d63b..aa733cbe31 100644
--- a/frappe/printing/page/print_format_builder/print_format_builder.js
+++ b/frappe/printing/page/print_format_builder/print_format_builder.js
@@ -12,10 +12,9 @@ frappe.pages['print-format-builder'].on_page_show = function(wrapper) {
 		});
 	} else if(frappe.route_options) {
 		if(frappe.route_options.make_new) {
-			var doctype = frappe.route_options.doctype;
-			var name = frappe.route_options.name;
+			let { doctype, name, based_on } = frappe.route_options;
 			frappe.route_options = null;
-			frappe.print_format_builder.setup_new_print_format(doctype, name);
+			frappe.print_format_builder.setup_new_print_format(doctype, name, based_on);
 		} else {
 			frappe.print_format_builder.print_format = frappe.route_options.doc;
 			frappe.route_options = null;
@@ -130,25 +129,16 @@ frappe.PrintFormatBuilder = Class.extend({
 
 		});
 	},
-	setup_new_print_format: function(doctype, name) {
-		var me = this;
-		frappe.call({
-			method: "frappe.client.insert",
-			args: {
-				doc: {
-					doctype: "Print Format",
-					name: name,
-					standard: "No",
-					doc_type: doctype,
-					print_format_builder: 1
-				}
-			},
-			callback: function(r) {
-				frappe.model.with_doc('Print Format', r.message.name)
-					.then(() => $(document).trigger({ type: 'new-print-format', print_format: r.message.name }));
-				me.print_format = r.message;
-				me.refresh();
-			}
+	setup_new_print_format: function(doctype, name, based_on) {
+		frappe.call('frappe.printing.page.print_format_builder.print_format_builder.create_custom_format', {
+			doctype,
+			name,
+			based_on
+		}).then((r) => {
+			frappe.model.with_doc('Print Format', r.message.name)
+				.then(() => $(document).trigger({ type: 'new-print-format', print_format: r.message.name }));
+			this.print_format = r.message;
+			this.refresh();
 		});
 	},
 	setup_print_format: function() {
diff --git a/frappe/printing/page/print_format_builder/print_format_builder.py b/frappe/printing/page/print_format_builder/print_format_builder.py
new file mode 100644
index 0000000000..17baa9314e
--- /dev/null
+++ b/frappe/printing/page/print_format_builder/print_format_builder.py
@@ -0,0 +1,12 @@
+import frappe
+
+@frappe.whitelist()
+def create_custom_format(doctype, name, based_on):
+	doc = frappe.new_doc('Print Format')
+	doc.doc_type = doctype
+	doc.name = name
+	doc.print_format_builder = 1
+	doc.format_data = frappe.db.get_value('Print Format', based_on, 'format_data') \
+		if based_on != 'Standard' else None
+	doc.insert()
+	return doc
diff --git a/frappe/public/js/frappe/form/print.js b/frappe/public/js/frappe/form/print.js
index 609a5bec31..4a388841d5 100644
--- a/frappe/public/js/frappe/form/print.js
+++ b/frappe/public/js/frappe/form/print.js
@@ -88,26 +88,42 @@ frappe.ui.form.PrintPreview = Class.extend({
 
 		this.wrapper.find(".btn-print-edit").on("click", function () {
 			let print_format = me.get_print_format();
-			if (print_format && print_format.name) {
-				if (print_format.print_format_builder) {
-					frappe.set_route("print-format-builder", print_format.name);
-				} else {
-					frappe.set_route("Form", "Print Format", print_format.name);
-				}
-			} else {
-				// start a new print format
-				frappe.prompt({
-					fieldname: "print_format_name", fieldtype: "Data", reqd: 1,
-					label: "New Print Format Name"
-				}, function (data) {
-					frappe.route_options = {
-						make_new: true,
-						doctype: me.frm.doctype,
-						name: data.print_format_name
-					};
-					frappe.set_route("print-format-builder");
-				}, __("New Custom Print Format"), __("Start"));
+			let is_custom_format = print_format.name
+				&& print_format.print_format_builder
+				&& print_format.standard === 'No';
+			let is_standard_but_editable = print_format.name && print_format.custom_format;
+
+			if (is_standard_but_editable) {
+				frappe.set_route("Form", "Print Format", print_format.name);
+				return;
 			}
+			if (is_custom_format) {
+				frappe.set_route("print-format-builder", print_format.name);
+				return;
+			}
+			// start a new print format
+			frappe.prompt([
+				{
+					label: __("New Print Format Name"),
+					fieldname: "print_format_name",
+					fieldtype: "Data",
+					reqd: 1,
+				},
+				{
+					label: __('Based On'),
+					fieldname: 'based_on',
+					fieldtype: 'Read Only',
+					default: print_format.name || 'Standard'
+				}
+			], (data) => {
+				frappe.route_options = {
+					make_new: true,
+					doctype: me.frm.doctype,
+					name: data.print_format_name,
+					based_on: data.based_on
+				};
+				frappe.set_route("print-format-builder");
+			}, __("New Custom Print Format"), __("Start"));
 		});
 
 		$(document).on('new-print-format', (e) => {
@@ -289,7 +305,7 @@ frappe.ui.form.PrintPreview = Class.extend({
 		});
 	},
 	get_mapped_printer: function () {
-		// returns a list of "print format: printer" mapping filtered by the current print format 
+		// returns a list of "print format: printer" mapping filtered by the current print format
 		let print_format_printer_map = this.get_print_format_printer_map();
 		if (print_format_printer_map[this.frm.doctype]) {
 			return print_format_printer_map[this.frm.doctype].filter(
@@ -554,7 +570,7 @@ frappe.ui.form.qz_init = function () {
 				});
 				qz.api.setSha256Type(function (data) {
 					// Codacy fix
-					/*global sha256*/ 
+					/*global sha256*/
 					return sha256(data);
 				});
 				resolve();