diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index ebfb9bf6b4..1eef0c42ba 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1 +1 @@
-__version__ = '4.16.0'
+__version__ = '4.17.0'
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index d8b8a2e023..e3694532c1 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -4,7 +4,7 @@ app_publisher = "Web Notes Technologies Pvt. Ltd. and Contributors"
 app_description = "Open Source Enterprise Resource Planning for Small and Midsized Organizations"
 app_icon = "icon-th"
 app_color = "#e74c3c"
-app_version = "4.16.0"
+app_version = "4.17.0"
 
 error_report_email = "support@erpnext.com"
 
diff --git a/setup.py b/setup.py
index 4df95668d4..eb28008435 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 from setuptools import setup, find_packages
 import os
 
-version = "4.16.0"
+version = "4.17.0"
 
 with open("requirements.txt", "r") as f:
 	install_requires = f.readlines()