diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index dd1a9e5bca3..e5e5fc1c38c 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1,2 +1,2 @@
 from __future__ import unicode_literals
-__version__ = '5.8.0'
+__version__ = '5.8.1'
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index ff6e4e68749..9ee5bc0868b 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -27,7 +27,7 @@ blogs.
 """
 app_icon = "icon-th"
 app_color = "#e74c3c"
-app_version = "5.8.0"
+app_version = "5.8.1"
 github_link = "https://github.com/frappe/erpnext"
 
 error_report_email = "support@erpnext.com"
diff --git a/setup.py b/setup.py
index 21b5940f33a..0389555f615 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup, find_packages
 
-version = "5.8.0"
+version = "5.8.1"
 
 with open("requirements.txt", "r") as f:
 	install_requires = f.readlines()