diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index d7030e8636..93f4961000 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -4,7 +4,7 @@ import inspect
 import frappe
 from erpnext.hooks import regional_overrides
 
-__version__ = '8.7.3'
+__version__ = '8.8.0'
 
 def get_default_company(user=None):
 	'''Get default company for user'''
diff --git a/erpnext/demo/setup/setup_data.py b/erpnext/demo/setup/setup_data.py
index 692a6ba7bf..ae792ac4a0 100644
--- a/erpnext/demo/setup/setup_data.py
+++ b/erpnext/demo/setup/setup_data.py
@@ -2,6 +2,7 @@ from __future__ import unicode_literals
 
 import random, json
 import frappe, erpnext
+from frappe.utils.nestedset import get_root_of
 from frappe.utils import flt, now_datetime, cstr, random_string
 from frappe.utils.make_random import add_random_children, get_random
 from erpnext.demo.domains import data
@@ -361,10 +362,13 @@ def setup_pos_profile():
 	pos.update_stock = 0
 	pos.write_off_account = 'Cost of Goods Sold - '+ company_abbr
 	pos.write_off_cost_center = 'Main - '+ company_abbr
+	pos.customer_group = get_root_of('Customer Group')
+	pos.territory = get_root_of('Territory')
 
 	pos.append('payments', {
 		'mode_of_payment': frappe.db.get_value('Mode of Payment', {'type': 'Cash'}, 'name'),
-		'amount': 0.0
+		'amount': 0.0,
+		'default': 1
 	})
 
 	pos.insert()