diff --git a/erpnext/__version__.py b/erpnext/__version__.py
index 8083670..02671f9 100644
--- a/erpnext/__version__.py
+++ b/erpnext/__version__.py
@@ -1,2 +1,2 @@
 from __future__ import unicode_literals
-__version__ = '6.16.2'
+__version__ = '6.16.3'
diff --git a/erpnext/hooks.py b/erpnext/hooks.py
index 7b67a8f..96a7091 100644
--- a/erpnext/hooks.py
+++ b/erpnext/hooks.py
@@ -7,7 +7,7 @@
 app_description = """ERP made simple"""
 app_icon = "icon-th"
 app_color = "#e74c3c"
-app_version = "6.16.2"
+app_version = "6.16.3"
 app_email = "info@erpnext.com"
 app_license = "GNU General Public License (v3)"
 source_link = "https://github.com/frappe/erpnext"
diff --git a/setup.py b/setup.py
index d30cbdc..787911e 100644
--- a/setup.py
+++ b/setup.py
@@ -1,7 +1,7 @@
 from setuptools import setup, find_packages
 from pip.req import parse_requirements
 
-version = "6.16.2"
+version = "6.16.3"
 requirements = parse_requirements("requirements.txt", session="")
 
 setup(