chore(release): Bumped to Version 16.7.0

# [16.7.0](v16.6.1...v16.7.0) (2026-02-25)

### Bug Fixes

* **`fiscal_year_company`:** made `company` field mandatory ([54bed64](54bed64))
* **`fiscal_year`:** `Fiscal Year` auto-generation and notification ([92c2c7b](92c2c7b))
* Add handling for Sales Invoice Item quantity field ([f6a1ea8](f6a1ea8))
* add missing property_type ([dd41f2c](dd41f2c))
* add purchase invoice as well ([2d864bb](2d864bb))
* addresses portal (backport [#52712](#52712)) ([#52786](#52786)) ([d7b61b9](d7b61b9))
* **asset:** handle partial asset sales by splitting remaining quantity (backport [#51363](#51363)) ([#52394](#52394)) ([10be8f1](10be8f1))
* avoid duplicate taxes and charges rows in payment entry (backport [#52178](#52178)) ([#52319](#52319)) ([e6f7a7e](e6f7a7e))
* better permissions on make payment request ([a5c83dd](a5c83dd))
* bug with comparison regarding `None` values and empty string ([66d1b7c](66d1b7c))
* check gl account of an associated bank account in bank transaction ([746b5d9](746b5d9))
* enfore permission on make_payment_request ([8184599](8184599))
* fiscal year notification subject ([e8c5d57](e8c5d57))
* get employee email with priority if preferred is not set ([116361c](116361c))
* ignore permissions instead of saving parent ([715dbc0](715dbc0))
* inconsistent label name between parent and child ([b56c444](b56c444))
* item code shows undefined ([0fd9fc4](0fd9fc4))
* link field displays incorrect value when empty ([b67d42e](b67d42e))
* **manufacturing:** remove delete query of job card & batch and serial no  ([#52840](#52840)) ([9ff924e](9ff924e))
* **manufacturing:** set pick list purpose while creating it from work order ([131e279](131e279))
* **manufacturing:** update status for work order before calculating planned qty ([61d339c](61d339c))
* material request on receive notification condition ([785773b](785773b))
* permission issue for quotation item during update item ([bccca6f](bccca6f))
* populate doctypes to be ignored table in validate ([237e458](237e458))
* prevent precision errors in  discount distribution with inclusive tax ([0e2e89c](0e2e89c))
* **Purchase Receipt:** copy project from first row when adding items ([77da330](77da330))
* remove form tour for sales and purchase order ([aac7fc3](aac7fc3))
* remove supplier invoice date/posting date validation ([cfad7e1](cfad7e1))
* reservation based on field should be read only in SRE ([a499b7e](a499b7e))
* sales and purchase modules forms clean-up (backport [#52875](#52875)) ([#52911](#52911)) ([2177098](2177098))
* **sales-order:** update quotation status while cancelling sales order ([#52822](#52822)) ([3a0f90c](3a0f90c))
* sensible insufficient stock message in pick list ([dbe2a87](dbe2a87))
* setup fails to set abbr to departments ([b15db05](b15db05))
* skip empty dimension values in exchange gain loss ([780b626](780b626))
* standalone sales invoice return should not fallback to item master for valuation rate ([6e1a808](6e1a808))
* supplier_type appears multiple times ([9a2eb91](9a2eb91))
* test cases related to default letterhead change ([1e64dea](1e64dea))
* typo ([d0c2cc8](d0c2cc8))
* typo ([0c4b9ea](0c4b9ea))
* unable to submit subcontracting order if created from material request ([c5bc92d](c5bc92d))
* unhide book_advance_payments_in_separate_party_account check field in Payment Entry doctype ([13d153c](13d153c))
* update items fetches wrong item code ([3355c60](3355c60))
* update modified timestamp in json ([74a3965](74a3965))
* use stock qty instead of qty when updating transferred qty in WO ([90e61ab](90e61ab))
* user permission on reports (backport [#52709](#52709)) ([#52757](#52757)) ([893683a](893683a))
* **work_order:** update returned qty ([c4ba3c9](c4ba3c9))

### Features

* default letterhead and print format ([4adcc1c](4adcc1c))
* **Journal Entry Account:** add Bank Transaction as Reference Type (backport [#52760](#52760)) ([#52816](#52816)) ([2c5bdef](2c5bdef))
* module onboarding ([858119f](858119f))
* **payment request:** create payment request as per payment schedules ([751a081](751a081))
* **payment_request:** add option to calculate request amount using payment schedule ([298ea33](298ea33))
* retrieve employee basic contact information ([f701407](f701407))
* retrieve employee contact details ([94f9f8b](94f9f8b))
* standard print format for Sales Order and Purchase Invoice ([222f51b](222f51b))

Author: frappe-bot

erpnext/__init__.py

@@ -6,7 +6,7 @@
 from frappe.model.document import Document
 from frappe.utils.user import is_website_user
 
-__version__ = "16.6.1"
+__version__ = "16.7.0"
 
 
 def get_default_company(user=None):