brotherton-erpnext/docs/docs.user.setup.first.md

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Initial Setup

After a successful sign-up / installation of ERPNext, on your first sign-in, you will be shown a form to fill.

 This form will create your first Company and Fiscal Year (accounting or financial year) record. You can create other Companies later.

Some definitions:

• 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.
• Abbreviation: In a multi-company setup, the abbreviation is appended to each account, so keep it small (2-4) characters and all caps.

This will also set the default Currency and time zone for your account. Once you complete this, your first Company and Chart of Accounts will be created.

Congrats! You are already on your way.

The next step is to configure your Chart of Accounts or start adding users and setting their permissions.