diff --git a/src-ui/src/environments/environment.prod.ts b/src-ui/src/environments/environment.prod.ts
index 51beb3fba..d170a0f02 100644
--- a/src-ui/src/environments/environment.prod.ts
+++ b/src-ui/src/environments/environment.prod.ts
@@ -2,7 +2,7 @@ export const environment = {
   production: true,
   apiBaseUrl: "/api/",
   appTitle: "Paperless-ng",
-  version: "1.1.5",
+  version: "1.2.0",
   webSocketHost: window.location.host,
   webSocketProtocol: (window.location.protocol == "https:" ? "wss:" : "ws:")
 };
diff --git a/src/paperless/version.py b/src/paperless/version.py
index b21fef930..09ac5f672 100644
--- a/src/paperless/version.py
+++ b/src/paperless/version.py
@@ -1 +1 @@
-__version__ = (1, 1, 5)
+__version__ = (1, 2, 0)