diff --git a/CHANGELOG.md b/CHANGELOG.md
index 396347d..a5084f1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,11 @@
-# dbt_quickbooks_source (next release)
+# dbt_quickbooks_source v0.4.0
+🎉 dbt v1.0.0 Compatibility 🎉
+## 🚨 Breaking Changes 🚨
+- Adjusts the `require-dbt-version` to now be within the range [">=1.0.0", "<2.0.0"]. Additionally, the package has been updated for dbt v1.0.0 compatibility. If you are using a dbt version <1.0.0, you will need to upgrade in order to leverage the latest version of the package.
+  - For help upgrading your package, I recommend reviewing this GitHub repo's Release Notes on what changes have been implemented since your last upgrade.
+  - For help upgrading your dbt project to dbt v1.0.0, I recommend reviewing dbt-labs [upgrading to 1.0.0 docs](https://docs.getdbt.com/docs/guides/migration-guide/upgrading-to-1-0-0) for more details on what changes must be made.
+- Upgrades the package dependency to refer to the latest `dbt_fivetran_utils`. The latest `dbt_fivetran_utils` package also has a dependency on `dbt_utils` [">=0.8.0", "<0.9.0"].
+  - Please note, if you are installing a version of `dbt_utils` in your `packages.yml` that is not in the range above then you will encounter a package dependency error.
 
 # dbt_quickbooks_source v0.1.0 -> v0.3.0
-Refer to the relevant release notes on the Github repository for specific details for the previous releases. Thank you!
\ No newline at end of file
+Refer to the relevant release notes on the Github repository for specific details for the previous releases. Thank you!