diff --git a/CHANGELOG b/CHANGELOG
index 67bc6c3e02..37dadb577d 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,5 @@
+Version 5.4.0 - 2019-11-04
+* Bug fixes (see mercurial logs for details)
 * Improve tests on depends
 * Add permission groups on export
 * Retry cron job on DatabaseOperationalError
diff --git a/doc/conf.py b/doc/conf.py
index 0f4bdec337..6a80c3513e 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -49,9 +49,9 @@ copyright = ('2008-2011, Bertrand Chenal, Cédric Krier, Ian Wilson, '
 # built documents.
 #
 # The short X.Y version.
-version = '5.3'
+version = '5.4'
 # The full version, including alpha/beta/rc tags.
-release = '5.3'
+release = '5.4'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/trytond/__init__.py b/trytond/__init__.py
index 2df80797cf..01983c522f 100644
--- a/trytond/__init__.py
+++ b/trytond/__init__.py
@@ -5,7 +5,7 @@ import time
 import warnings
 from email import charset
 
-__version__ = "5.3.0"
+__version__ = "5.4.0"
 
 os.environ['TZ'] = 'UTC'
 if hasattr(time, 'tzset'):