22 lines
968 B
Markdown
22 lines
968 B
Markdown
---
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{
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"_label": "Initial Setup"
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}
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---
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After a successful sign-up / installation of ERPNext, on your first sign-in, you will be shown a form to fill.
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This form will create your first **Company** and **Fiscal Year** (accounting or financial year) record. You can create other Companies later.
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Some definitions:
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- Fiscal Year: is your financial year, the fiscal year usually starts on 1st Jan or 1st March for most regions. If you are not sure, consult an accountant.
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- Abbreviation: In a multi-company setup, the abbreviation is appended to each account, so keep it small (2-4) characters and all caps.
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This will also set the default **Currency** and time zone for your account. Once your complete this, your first **Company** and **Chart of Accounts** will be created.
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Congrats! You are already on your way.
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The next step is to configure your Chart of Accounts or start adding users and setting their permissions.
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