diff --git a/eng/versioning/version_client.txt b/eng/versioning/version_client.txt
index f9565283daa3..8092df4906c1 100644
--- a/eng/versioning/version_client.txt
+++ b/eng/versioning/version_client.txt
@@ -296,7 +296,7 @@ com.azure.resourcemanager:azure-resourcemanager-postgresql;1.1.0;1.2.0-beta.1
 com.azure.resourcemanager:azure-resourcemanager-hdinsight;1.0.0;1.1.0-beta.3
 com.azure.resourcemanager:azure-resourcemanager-sqlvirtualmachine;1.0.0-beta.5;1.0.0-beta.6
 com.azure.resourcemanager:azure-resourcemanager-relay;1.0.0-beta.3;1.1.0-beta.1
-com.azure.resourcemanager:azure-resourcemanager-costmanagement;1.0.0-beta.7;1.0.0
+com.azure.resourcemanager:azure-resourcemanager-costmanagement;1.0.0;1.1.0-beta.1
 com.azure.resourcemanager:azure-resourcemanager-recoveryservices;1.4.0;1.5.0-beta.1
 com.azure.resourcemanager:azure-resourcemanager-kusto;1.1.0;1.2.0-beta.1
 com.azure.resourcemanager:azure-resourcemanager-loganalytics;1.1.0;1.2.0-beta.1
diff --git a/sdk/costmanagement/azure-resourcemanager-costmanagement/CHANGELOG.md b/sdk/costmanagement/azure-resourcemanager-costmanagement/CHANGELOG.md
index f574ddfb1e3a..d7225af28706 100644
--- a/sdk/costmanagement/azure-resourcemanager-costmanagement/CHANGELOG.md
+++ b/sdk/costmanagement/azure-resourcemanager-costmanagement/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 1.1.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 1.0.0 (2024-12-24)
 
 - Azure Resource Manager CostManagement client library for Java. This package contains Microsoft Azure SDK for CostManagement Management SDK. CostManagement management client provides access to CostManagement resources for Azure Enterprise Subscriptions. Package tag package-2022-10. For documentation on how to use this package, please see [Azure Management Libraries for Java](https://aka.ms/azsdk/java/mgmt).
diff --git a/sdk/costmanagement/azure-resourcemanager-costmanagement/pom.xml b/sdk/costmanagement/azure-resourcemanager-costmanagement/pom.xml
index ede2e706ef47..72c22e4e3776 100644
--- a/sdk/costmanagement/azure-resourcemanager-costmanagement/pom.xml
+++ b/sdk/costmanagement/azure-resourcemanager-costmanagement/pom.xml
@@ -14,7 +14,7 @@
 
   <groupId>com.azure.resourcemanager</groupId>
   <artifactId>azure-resourcemanager-costmanagement</artifactId>
-  <version>1.0.0</version> <!-- {x-version-update;com.azure.resourcemanager:azure-resourcemanager-costmanagement;current} -->
+  <version>1.1.0-beta.1</version> <!-- {x-version-update;com.azure.resourcemanager:azure-resourcemanager-costmanagement;current} -->
   <packaging>jar</packaging>
 
   <name>Microsoft Azure SDK for CostManagement Management</name>