diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index 76a0d57..84acead 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1,2 +1,2 @@
 from __future__ import unicode_literals
-__version__ = '5.0.7'
+__version__ = '5.0.8'
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index 4a2e60d..750f811 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -5,7 +5,7 @@
 app_description = "Open Source Enterprise Resource Planning for Small and Midsized Organizations"
 app_icon = "icon-th"
 app_color = "#e74c3c"
-app_version = "5.0.7"
+app_version = "5.0.8"
 
 error_report_email = "support@erpnext.com"
 
diff --git a/setup.py b/setup.py
index fb71b62..58be999 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 from setuptools import setup, find_packages
 
-version = "5.0.7"
+version = "5.0.8"
 
 with open("requirements.txt", "r") as f:
 	install_requires = f.readlines()