diff --git a/sdk/storage/azure-storage-blobs/CHANGELOG.md b/sdk/storage/azure-storage-blobs/CHANGELOG.md
index 75f6bf682d..218ae12165 100644
--- a/sdk/storage/azure-storage-blobs/CHANGELOG.md
+++ b/sdk/storage/azure-storage-blobs/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.7.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.6.0 (2022-09-06)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
index 6d28253dae..6f21bf905b 100644
--- a/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-blobs/src/private/package_version.hpp
@@ -9,9 +9,9 @@
 #pragma once
 
 #define AZURE_STORAGE_BLOBS_VERSION_MAJOR 12
-#define AZURE_STORAGE_BLOBS_VERSION_MINOR 6
+#define AZURE_STORAGE_BLOBS_VERSION_MINOR 7
 #define AZURE_STORAGE_BLOBS_VERSION_PATCH 0
-#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE ""
+#define AZURE_STORAGE_BLOBS_VERSION_PRERELEASE "beta.1"
 
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_BLOBS_VERSION_ITOA(i) AZURE_STORAGE_BLOBS_VERSION_ITOA_HELPER(i)
diff --git a/sdk/storage/azure-storage-common/CHANGELOG.md b/sdk/storage/azure-storage-common/CHANGELOG.md
index adc71c0fd8..00e7917d36 100644
--- a/sdk/storage/azure-storage-common/CHANGELOG.md
+++ b/sdk/storage/azure-storage-common/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.4.0-beta.1 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.3.0 (2022-09-06)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-common/src/private/package_version.hpp b/sdk/storage/azure-storage-common/src/private/package_version.hpp
index 9a48f3e6c3..94b97b625e 100644
--- a/sdk/storage/azure-storage-common/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-common/src/private/package_version.hpp
@@ -11,9 +11,9 @@
 #include <array>
 
 #define AZURE_STORAGE_COMMON_VERSION_MAJOR 12
-#define AZURE_STORAGE_COMMON_VERSION_MINOR 3
+#define AZURE_STORAGE_COMMON_VERSION_MINOR 4
 #define AZURE_STORAGE_COMMON_VERSION_PATCH 0
-#define AZURE_STORAGE_COMMON_VERSION_PRERELEASE ""
+#define AZURE_STORAGE_COMMON_VERSION_PRERELEASE "beta.1"
 
 #define AZURE_STORAGE_COMMON_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_COMMON_VERSION_ITOA(i) AZURE_STORAGE_COMMON_VERSION_ITOA_HELPER(i)
diff --git a/sdk/storage/azure-storage-files-shares/CHANGELOG.md b/sdk/storage/azure-storage-files-shares/CHANGELOG.md
index a04c3b8711..dd7a4f26f6 100644
--- a/sdk/storage/azure-storage-files-shares/CHANGELOG.md
+++ b/sdk/storage/azure-storage-files-shares/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Release History
 
+## 12.3.0-beta.2 (Unreleased)
+
+### Features Added
+
+### Breaking Changes
+
+### Bugs Fixed
+
+### Other Changes
+
 ## 12.3.0-beta.1 (2022-09-06)
 
 ### Features Added
diff --git a/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp b/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
index 8acadbcf6a..f6b599c768 100644
--- a/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
+++ b/sdk/storage/azure-storage-files-shares/src/private/package_version.hpp
@@ -11,7 +11,7 @@
 #define AZURE_STORAGE_FILES_SHARES_VERSION_MAJOR 12
 #define AZURE_STORAGE_FILES_SHARES_VERSION_MINOR 3
 #define AZURE_STORAGE_FILES_SHARES_VERSION_PATCH 0
-#define AZURE_STORAGE_FILES_SHARES_VERSION_PRERELEASE "beta.1"
+#define AZURE_STORAGE_FILES_SHARES_VERSION_PRERELEASE "beta.2"
 
 #define AZURE_STORAGE_FILES_SHARES_VERSION_ITOA_HELPER(i) #i
 #define AZURE_STORAGE_FILES_SHARES_VERSION_ITOA(i) AZURE_STORAGE_FILES_SHARES_VERSION_ITOA_HELPER(i)