One of the first things you'll want to do after you install Sage 50 is set up your company. When you set up your company, you provide Sage 50 with basic information such as name and address. In addition, you select your chart of accounts, choose your accounting and posting methods, and specify how your accounting periods are set up.
Once you complete the Create a New Company wizard, you can go right ahead and start using Sage 50 to generate invoices and pay bills. However, since there are some other setup tasks that you must complete to work efficiently in Sage 50, you may first want to use the Setup Guide.
Note: If you are rebuilding a company using import/export, there are special considerations you should be aware of before proceeding. Tell me more about rebuilding a company.