diff --git a/stable/odoo/Chart.yaml b/stable/odoo/Chart.yaml
index 95a355113f..043175067e 100644
--- a/stable/odoo/Chart.yaml
+++ b/stable/odoo/Chart.yaml
@@ -1,6 +1,6 @@
 name: odoo
-version: 3.2.0
-appVersion: 11.0.20180915
+version: 3.2.1
+appVersion: 11.0.20181015
 description: A suite of web based open source business apps.
 home: https://www.odoo.com/
 icon: https://bitnami.com/assets/stacks/odoo/img/odoo-stack-110x117.png
diff --git a/stable/odoo/values.yaml b/stable/odoo/values.yaml
index 2c122ff577..425952716b 100644
--- a/stable/odoo/values.yaml
+++ b/stable/odoo/values.yaml
@@ -10,7 +10,7 @@
 image:
   registry: docker.io
   repository: bitnami/odoo
-  tag: 11.0.20180915-debian-9
+  tag: 11.0.20181015-debian-9
   ## Specify a imagePullPolicy
   ## Defaults to 'Always' if image tag is 'latest', else set to 'IfNotPresent'
   ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images