Taking a look at the other configuration parts

There is so much stuff that is involved during the initial creation process. These can be either accounting configuration related, or entities such as calendar and periods, the standard user ID, default role and user ID rights, the standard ADempiere documents, and so on.

In this section, you will be introduced to the most important things to know.

Accounting schema

Accounting schema is a standard for ADempiere, and is also the mother of all accounting configurations. This window will show a predefined International GAAP accounting Generally Accepted Accounting Principles (GAAP), Accrual or cash-based accounting, Standard Costing for costing methods, USD as its base currency, History and Future Days for allowing document completions, and will define the standard accounts that can be used as default accounts (such as Product Asset, Product Revenue, and so on). This can be found on the Defaults tab.

The standard account values come from the predefined...