Set up the Timezone, Country, and Currency.

Setting up the timezone, country, and also currency is paramount for generating the reports and for internal assessments.

For this configuration, 

• Go to Admin Set-up > Global Settings > Default Values.
• Click on the pencil icon under the actions tab.
• Define the values given and click on Save.

This is one of the initial steps that need to be done before starting off with any major aspects.