diff --git a/NEWS b/NEWS
index c25fc52027..98687904ae 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,46 @@
 Version history:
 ------- -------
 
+ 2.1.4 - 16 June 2007
+	 o Welcome to GnuCash 2.1.4 aka "Release Candidate 1", the fourth of
+	 several unstable 2.1.x releases of the GnuCash Open Source Accounting
+	 Software which will eventually lead to the stable version 2.2.0.
+	 With this new release series, GnuCash is available on Microsoft 
+	 Windows for the first time, and it also runs on GNU/Linux, *BSD, 
+	 Solaris and Mac OSX.
+	 This release is intended for developers and testers who want to help
+	 tracking down bugs.
+	 o WARNING: Make sure you make backups of any files used in testing
+	 versions of GnuCash in the 2.1.x series. Although the developers go
+	 to great lengths to ensure that no data will be lost we cannot
+	 guarantee that your data will not be affected if for some reason
+	 GnuCash crashes in testing these releases.
+	 o Please test any and all features important to you. Then post any
+	 bugs you find to bugzilla
+	 http://bugzilla.gnome.org/enter_bug.cgi?product=GnuCash
+	 o Compared to the 2.0.x series, there are only very few user-visible
+	 new features, except for the completed port to the Microsoft Windows
+	 operating system. Minor new features compared to the 2.0.x series
+	 are;
+	 o Port to Microsoft Windows completed. Note that Windows 2000 or newer
+	 is required; GnuCash does not run on Windows 98 or 95.
+	 o The Scheduled Transaction code has been refactored. The Scheduled
+	 Transaction list view is now integrated into the main window, the
+	 Editor has been re-designed for compactness, and the Since-Last-Run
+	 dialog has been simplified.
+	 o SWIG is now used instead of g-wrap for providing language bindings.
+	 o Check printing has been improved, with new formats and simpler
+	 format descriptions.
+	 o DATA FILE NOTICE If you are using Scheduled Transactions, the data
+	 file saved by GnuCash 2.1.2 and higher is NOT backward-compatible
+	 with GnuCash 2.0 anymore because of extensions in the file format.
+	 Please make a safe backup of your 2.0 data before upgrading to 2.1.4.
+	 o Bugfixes and improvements since the last version 2.1.3 include:
+	 o Bugfixes with the graphical reports
+	 o Fixing the Online Banking wizard
+	 o Updated translations
+	 o Improvements to Windows packaging 
+	
  2.1.3 - 02 June 2007
  	 o Welcome to GnuCash 2.1.3 aka "at last!", the fourth of several
 	 unstable 2.1.x releases of the GnuCash Open Source Accounting
diff --git a/configure.in b/configure.in
index c988a5efae..7e6a1807ab 100644
--- a/configure.in
+++ b/configure.in
@@ -20,7 +20,7 @@ dnl Process this file with autoconf to produce a configure script.
 
 # Autoconf initialization
 AC_PREREQ(2.59)
-AC_INIT([gnucash], [2.1.3], [gnucash-devel@gnucash.org])
+AC_INIT([gnucash], [2.1.4], [gnucash-devel@gnucash.org])
 AC_CONFIG_HEADERS(config.h)
 AC_CONFIG_SRCDIR(src/engine/Transaction.h)