This document summarizes the goals and key features for the Koha 3.2 library software release. The release will include a new acquisitions module, holdings support, and various circulation improvements. Major new features include the acquisitions module developed by BibLibre, and a new holdings structure being developed by LibLime. The release will also include several other circulation, cataloging, serials, administration, and reporting enhancements. The target timeframe for the 3.2 production release is late summer or early autumn.