diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index e78a8c3102..54d8de2063 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1,2 +1,2 @@
 from __future__ import unicode_literals
-__version__ = '5.0.3'
+__version__ = '5.0.4'
diff --git a/erpnext/accounts/utils.py b/erpnext/accounts/utils.py
index 1853fc9316..3ae36c18f9 100644
--- a/erpnext/accounts/utils.py
+++ b/erpnext/accounts/utils.py
@@ -18,11 +18,11 @@ def get_fiscal_year(date=None, fiscal_year=None, label="Date", verbose=1, compan
 
 def get_fiscal_years(transaction_date=None, fiscal_year=None, label="Date", verbose=1, company=None):
 	# if year start date is 2012-04-01, year end date should be 2013-03-31 (hence subdate)
-	cond = ""
+	cond = " ifnull(disabled, 0) = 0"
 	if fiscal_year:
-		cond = "fy.name = %(fiscal_year)s"
+		cond = " and fy.name = %(fiscal_year)s"
 	else:
-		cond = "%(transaction_date)s >= fy.year_start_date and %(transaction_date)s <= fy.year_end_date"
+		cond = " and %(transaction_date)s >= fy.year_start_date and %(transaction_date)s <= fy.year_end_date"
 
 	if company:
 		cond += """ and (not exists(select name from `tabFiscal Year Company` fyc where fyc.parent = fy.name)
@@ -36,7 +36,7 @@ def get_fiscal_years(transaction_date=None, fiscal_year=None, label="Date", verb
 		})
 
 	if not fy:
-		error_msg = _("""{0} {1} not in any Fiscal Year. For more details check {2}.""").format(label, formatdate(transaction_date), "https://erpnext.com/kb/accounts/fiscal-year-error")
+		error_msg = _("""{0} {1} not in any active Fiscal Year. For more details check {2}.""").format(label, formatdate(transaction_date), "https://erpnext.com/kb/accounts/fiscal-year-error")
 		if verbose==1: frappe.msgprint(error_msg)
 		raise FiscalYearError, error_msg
 	return fy
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index ae1bb5708d..483172aa74 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -5,7 +5,7 @@ app_publisher = "Frappe 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 = "5.0.3"
+app_version = "5.0.4"
 
 error_report_email = "support@erpnext.com"
 
diff --git a/setup.py b/setup.py
index 93f31f0b30..ad111d6dc8 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup, find_packages
 
-version = "5.0.3"
+version = "5.0.4"
 
 with open("requirements.txt", "r") as f:
 	install_requires = f.readlines()