diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index ee37c8d780..106384ade0 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -5,7 +5,7 @@ import frappe
 from erpnext.hooks import regional_overrides
 from frappe.utils import getdate
 
-__version__ = '12.1.0'
+__version__ = '12.1.1'
 
 def get_default_company(user=None):
 	'''Get default company for user'''