diff --git a/CHANGELOG.md b/CHANGELOG.md
index 09d0b68..0af90fb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,9 @@
 # Changelog
 Changelog file for dinero-rs project, a command line application for managing finances.
 
+## [0.13.1] - 2021-02-27 
+### Fixed
+- Fixed issue when there is no specified payee
 ## [0.13.0] - 2021-02-27 
 ### Added
 - Improved documentation
diff --git a/Cargo.toml b/Cargo.toml
index 3f822ad..ec2f489 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "dinero-rs"
-version = "0.13.0"
+version = "0.13.1"
 authors = ["Claudio Noguera <claudio.noguera@gmail.com>"]
 edition = "2018"
 readme = "README.md"
diff --git a/src/parser/tokenizers/transaction.rs b/src/parser/tokenizers/transaction.rs
index 287931a..2d9e8b4 100644
--- a/src/parser/tokenizers/transaction.rs
+++ b/src/parser/tokenizers/transaction.rs
@@ -53,8 +53,12 @@ fn parse_with_grammar(tokenizer: &mut Tokenizer) -> Result<Transaction<RawPostin
         }
     }
 
-    if transaction.payee.is_none() & (transaction.description.len() > 0) {
-        transaction.payee = Some(transaction.description.clone());
+    if transaction.payee.is_none() {
+        if transaction.description.len() > 0 {
+            transaction.payee = Some(transaction.description.clone());
+        } else {
+            transaction.payee = Some("[Unspecified payee]".to_string())
+        }
     }
     // Have a flag so that it can be known whether a comment belongs to the transaction or to the
     // posting