diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index 82f450f80ed..e1ae9fa9a7b 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -4,7 +4,7 @@ import frappe
 
 from erpnext.hooks import regional_overrides
 
-__version__ = "13.48.1"
+__version__ = "13.49.0"
 
 
 def get_default_company(user=None):