diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3cf73e0e..af5a85a8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,8 @@
 
 * Replace deprecated transaction API. Refs UIF-519.
 
-## 7.0.1 (IN PROGRESS)
+## [7.0.1](https://github.com/folio-org/ui-finance/tree/v7.0.1) (2024-12-02)
+[Full Changelog](https://github.com/folio-org/ui-finance/compare/v7.0.0...v7.0.1)
 
 * ECS - Provide required permissions for `Finance: View, edit fund and budget` set. Refs UIF-566.
 
diff --git a/package.json b/package.json
index f5203808..6d201a90 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@folio/finance",
-  "version": "7.0.0",
+  "version": "7.0.1",
   "description": "Description for ui-finance",
   "main": "src/index.js",
   "repository": "",