diff --git a/configure.in b/configure.in
index 1bac1cc43e..66ddbed4b7 100644
--- a/configure.in
+++ b/configure.in
@@ -23,7 +23,7 @@
 
 AC_INIT(src/guile/gnucash.h.in)
 
-AM_INIT_AUTOMAKE(gnucash,1.3.0)
+AM_INIT_AUTOMAKE(gnucash,1.3.1)
 
 dnl Set of available languages.
 ALL_LINGUAS="fr de"
diff --git a/src/scm/command-line.scm b/src/scm/command-line.scm
index 0b9f6bbf4c..c5b457b41b 100644
--- a/src/scm/command-line.scm
+++ b/src/scm/command-line.scm
@@ -98,7 +98,7 @@
   (list (car args) (cdr args)))
 
 (define (gnc:prefs-show-version)
-  (display "GnuCash 1.3.0 development version") (newline))
+  (display "GnuCash 1.3.1 development version") (newline))
 
 (define (gnc:prefs-show-usage)
   (display "usage: gnucash [ option ... ] [ datafile ]") (newline))