diff --git a/novelwriter/__init__.py b/novelwriter/__init__.py
index 4ce39cc6..02b28bc7 100644
--- a/novelwriter/__init__.py
+++ b/novelwriter/__init__.py
@@ -42,7 +42,7 @@ __license__    = "GPLv3"
 __author__     = "Veronica Berglyd Olsen"
 __maintainer__ = "Veronica Berglyd Olsen"
 __email__      = "code@vkbo.net"
-__version__    = "2.3-alpha1"
+__version__    = "2.3a1"
 __hexversion__ = "0x020300a1"
 __date__       = "2023-12-17"
 __status__     = "Stable"
diff --git a/novelwriter/common.py b/novelwriter/common.py
index 988b6c78..59b6bbb5 100644
--- a/novelwriter/common.py
+++ b/novelwriter/common.py
@@ -250,6 +250,11 @@ def formatTime(t: int) -> str:
     return "ERROR"
 
 
+def formatVersion(value: str) -> str:
+    """Format a version number into a more human readable form."""
+    return value.lower().replace("a", " Alpha ").replace("b", " Beta ").replace("rc", " RC ")
+
+
 # =============================================================================================== #
 #  String Functions
 # =============================================================================================== #
diff --git a/novelwriter/tools/welcome.py b/novelwriter/tools/welcome.py
index ed065192..0329434e 100644
--- a/novelwriter/tools/welcome.py
+++ b/novelwriter/tools/welcome.py
@@ -43,7 +43,7 @@ from PyQt5.QtWidgets import (
 
 from novelwriter import CONFIG, SHARED, __version__, __date__
 from novelwriter.enum import nwItemClass
-from novelwriter.common import formatInt, makeFileNameSafe
+from novelwriter.common import formatInt, formatVersion, makeFileNameSafe
 from novelwriter.constants import nwUnicode
 from novelwriter.core.coretools import ProjectBuilder
 from novelwriter.extensions.switch import NSwitch
@@ -91,7 +91,8 @@ class GuiWelcome(QDialog):
         self.nwLabel.setPixmap(self.nwImage)
 
         self.nwInfo = QLabel(self.tr("Version {0} {1} Released on {2}").format(
-            __version__, nwUnicode.U_ENDASH, datetime.strptime(__date__, "%Y-%m-%d").strftime("%x")
+            formatVersion(__version__), nwUnicode.U_ENDASH,
+            datetime.strptime(__date__, "%Y-%m-%d").strftime("%x")
         ))
 
         self.tabOpen = _OpenProjectPage(self)