diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index 5b2f0ba8e00..1b304adc270 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -4,7 +4,7 @@ import frappe
 
 from erpnext.hooks import regional_overrides
 
-__version__ = "13.31.0"
+__version__ = "13.31.1"
 
 
 def get_default_company(user=None):