No need to ring the alarm: Beyonce and Kim Kardashian are getting along just fine, thanks.

A new report on Radar Online claims that the singer and reality star, both 31, clashed at the Budweiser Made in America festival in Philadelphia last weekend -- with Jay-Z's wife angrily confronting Kanye West's girlfriend for hogging the cameras of a documentary film crew. (Director Ron Howard is making a film about rapper and hip-hop mogul Jay-Z, 42.)

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"That report is absurd," a source close to Beyonce tells Us Weekly. Indeed, the "I Was Here" singer "loves Kim," and "there's absolutely no beef."

What really went down at the concert? "When Beyonce saw Kim at the concert, she ran over and gave her the biggest hug," the source explains, adding that Blue Ivy's mom eventually joined Kardashian in the dressing room after watching her husband of four years perform.

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The twosome have been photographed together at numerous "Watch the Throne" concerts featuring Jay-Z and West, 35.

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Following the Philadelphia concert, Beyonce, Jay-Z and daughter Blue, 9 months, jetted to the South of France -- where they celebrated the Grammy-winner's 31st birthday (Sept. 4) on a yacht.

This article originally appeared on Beyonce "Loves" Kim Kardashian, Says Pal