In this option, you will be able to configure reports, Financial year and tax configuration.
In this section, you will be able to configure reports. You can configure an account like Direct Income[1], Ledger In-Direct income[2], Ledger Direct Expense Ledger[3], and In-Direct Expense Ledger[4].
In this section, you will be able to configure settings for Financial Year. You can configure an account like In Income Summary Debit Ledger (Expense)[1], Retail Earning Ledger (Liability)[2], Company Tax Payable (Liability)[3], and Company Income Tax (Expense)[4].
In this section, you will be able to configure tax for your company
Lastly, to save all the configurations, just click on SAVE.