diff --git a/lib/gnucash/version.rb b/lib/gnucash/version.rb
index 772d94e..1ca62b0 100644
--- a/lib/gnucash/version.rb
+++ b/lib/gnucash/version.rb
@@ -1,4 +1,4 @@
 module Gnucash
   # gem version
-  VERSION = "1.0.3"
+  VERSION = "1.1.0"
 end