diff --git a/erpnext/__init__.py b/erpnext/__init__.py
index 4aa7b4fd90d..e3f67077086 100644
--- a/erpnext/__init__.py
+++ b/erpnext/__init__.py
@@ -2,7 +2,7 @@ import inspect
 
 import frappe
 
-__version__ = "14.12.0"
+__version__ = "14.12.1"
 
 
 def get_default_company(user=None):