diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffb9102aa..182b2216a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+## 14.6.0-beta.1 - 2024-05-02
+* [#1689](https://github.com/stripe/stripe-php/pull/1689) Update generated code for beta
+  * Add support for `rechnung` on `PaymentMethod`
+  * Add support for new value `rechnung` on enum `PaymentMethod.type`
+
 ## 14.5.0-beta.1 - 2024-04-25
 * [#1683](https://github.com/stripe/stripe-php/pull/1683) Update generated code for beta
   * Add support for `cancel_subscription_schedule` on `QuoteLine`
diff --git a/VERSION b/VERSION
index 766935b48..0e8e87e39 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-14.5.0-beta.1
+14.6.0-beta.1
diff --git a/lib/Stripe.php b/lib/Stripe.php
index 87f9a25ba..ebd42c8f8 100644
--- a/lib/Stripe.php
+++ b/lib/Stripe.php
@@ -58,7 +58,7 @@ class Stripe
     /** @var float Initial delay between retries, in seconds */
     private static $initialNetworkRetryDelay = 0.5;
 
-    const VERSION = '14.5.0-beta.1';
+    const VERSION = '14.6.0-beta.1';
 
     /**
      * @return string the API key used for requests