diff --git a/composer.json b/composer.json
index 9ad31e9fd5..2fc955e3d8 100644
--- a/composer.json
+++ b/composer.json
@@ -1,7 +1,7 @@
 {
     "name": "sylius/sylius",
     "type": "library",
-    "version": "v1.14.0-dev",
+    "version": "v1.14.0-beta.1",
     "description": "E-Commerce platform for PHP, based on Symfony framework.",
     "homepage": "https://sylius.com",
     "license": "MIT",
diff --git a/src/Sylius/Bundle/CoreBundle/SyliusCoreBundle.php b/src/Sylius/Bundle/CoreBundle/SyliusCoreBundle.php
index 7e23bfbb8e..97a9b18e40 100644
--- a/src/Sylius/Bundle/CoreBundle/SyliusCoreBundle.php
+++ b/src/Sylius/Bundle/CoreBundle/SyliusCoreBundle.php
@@ -43,7 +43,7 @@ use Symfony\Component\DependencyInjection\ContainerBuilder;
 
 final class SyliusCoreBundle extends AbstractResourceBundle
 {
-    public const VERSION = '1.14.0-DEV';
+    public const VERSION = '1.14.0-BETA.1';
 
     public const VERSION_ID = '11400';
 
@@ -53,7 +53,7 @@ final class SyliusCoreBundle extends AbstractResourceBundle
 
     public const RELEASE_VERSION = '0';
 
-    public const EXTRA_VERSION = 'DEV';
+    public const EXTRA_VERSION = 'BETA.1';
 
     public function getSupportedDrivers(): array
     {