diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index 40b0879ad57..eb83f4c5b46 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -2,7 +2,7 @@
 from __future__ import unicode_literals
 import frappe
 
-__version__ = '7.0.63'
+__version__ = '7.1.0'
 
 def get_default_company(user=None):
 	'''Get default company for user'''