diff --git a/addons/account/res_config.py b/addons/account/res_config.py
index 79ddbef53d3..3a3d247769d 100644
--- a/addons/account/res_config.py
+++ b/addons/account/res_config.py
@@ -37,7 +37,7 @@ class account_config_settings(osv.osv_memory):
         'company_id': fields.many2one('res.company', 'Company', required=True),
         'has_default_company': fields.boolean('Has default company', readonly=True),
         'expects_chart_of_accounts': fields.related('company_id', 'expects_chart_of_accounts', type='boolean',
-            string='This Company Has it\'s Own Chart of Accounts',
+            string='This Company Has its Own Chart of Accounts',
             help="""Check this box if this company is a legal entity."""),
         'currency_id': fields.related('company_id', 'currency_id', type='many2one', relation='res.currency', required=True,
             string='Default Company Currency', help="Main currency of the company."),
@@ -61,28 +61,28 @@ class account_config_settings(osv.osv_memory):
         'period': fields.selection([('month', 'Monthly'), ('3months','3 Monthly')], 'Periods', required=True),
 
         'sale_journal_id': fields.many2one('account.journal', 'Sale Journal'),
-        'sale_sequence_prefix': fields.related('sale_journal_id', 'sequence_id', 'prefix', type='char', string='Next Invoice Number'),
+        'sale_sequence_prefix': fields.related('sale_journal_id', 'sequence_id', 'prefix', type='char', string='Invoice Sequence'),
         'sale_sequence_next': fields.related('sale_journal_id', 'sequence_id', 'number_next', type='integer', string='Next Invoice Number'),
         'sale_refund_journal_id': fields.many2one('account.journal', 'Sale Refund Journal'),
-        'sale_refund_sequence_prefix': fields.related('sale_refund_journal_id', 'sequence_id', 'prefix', type='char', string=' Next Credit Note Number'),
+        'sale_refund_sequence_prefix': fields.related('sale_refund_journal_id', 'sequence_id', 'prefix', type='char', string='Credit Note Sequence'),
         'sale_refund_sequence_next': fields.related('sale_refund_journal_id', 'sequence_id', 'number_next', type='integer', string='Next Credit Note Number'),
         'purchase_journal_id': fields.many2one('account.journal', 'Purchase Journal'),
-        'purchase_sequence_prefix': fields.related('purchase_journal_id', 'sequence_id', 'prefix', type='char', string='Next Supplier Invoice Number'),
+        'purchase_sequence_prefix': fields.related('purchase_journal_id', 'sequence_id', 'prefix', type='char', string='Supplier Invoice Sequence'),
         'purchase_sequence_next': fields.related('purchase_journal_id', 'sequence_id', 'number_next', type='integer', string='Next Supplier Invoice Number'),
         'purchase_refund_journal_id': fields.many2one('account.journal', 'Purchase Refund Journal'),
-        'purchase_refund_sequence_prefix': fields.related('purchase_refund_journal_id', 'sequence_id', 'prefix', type='char', string='Next Supplier Credit Note Number'),
+        'purchase_refund_sequence_prefix': fields.related('purchase_refund_journal_id', 'sequence_id', 'prefix', type='char', string='Supplier Credit Note Sequence'),
         'purchase_refund_sequence_next': fields.related('purchase_refund_journal_id', 'sequence_id', 'number_next', type='integer', string='Next Supplier Credit Note Number'),
 
         'module_account_check_writing': fields.boolean('Check Writing',
             help="""This allows you to check writing and printing.
                 This installs the module account_check_writing."""),
         'module_account_accountant': fields.boolean('Accountant Features',
-            help="""If you do not check this box, you will be able to do invoicing & payments, but not accounting (Journal Items, Chart of  Accounts, ...)."""),
+            help="""If you do not check this box, you will be able to do invoicing & payments, but not accounting (Journal Items, Chart of  Accounts, ...)"""),
         'module_account_asset': fields.boolean('Assets Management',
             help="""This allows you to manage the assets owned by a company or a person.
                 It keeps track of the depreciation occurred on those assets, and creates account move for those depreciation lines.
-                This installs the module account_asset. If you do not check this box, you will be able to do invoicing & payments, 
-                but not accounting (Journal Items, Chart of Accounts, ...) """),
+                This installs the module account_asset. If you do not check this box, you will be able to do invoicing & payments,
+                but not accounting (Journal Items, Chart of Accounts, ...)"""),
         'module_account_budget': fields.boolean('Budget Management',
             help="""This allows accountants to manage analytic and crossovered budgets.
                 Once the master budgets and the budgets are defined,
@@ -110,8 +110,10 @@ class account_config_settings(osv.osv_memory):
         'group_proforma_invoices': fields.boolean('Allow Pro-forma Invoices',
             implied_group='account.group_proforma_invoices',
             help="Allows you to put invoices in pro-forma state."),
-        'default_sale_tax': fields.many2one('account.tax', 'Default Sale Tax', help="Selected tax will be applied by default to Product's Sale Tax, while creating a new product."),
-        'default_purchase_tax': fields.many2one('account.tax', 'Default Purchase Tax', help="Selected tax will be applied by default to Product's Purchase Tax, while creating a new product."),
+        'default_sale_tax': fields.many2one('account.tax', 'Default Sale Tax',
+            help="This sale tax will be assigned by default on new products."),
+        'default_purchase_tax': fields.many2one('account.tax', 'Default Purchase Tax',
+            help="This purchase tax will be assigned by default on new products."),
         'decimal_precision': fields.integer('Decimal Precision on Journal Entries',
             help="""As an example, a decimal precision of 2 will allow journal entries  like: 9.99 EUR, whereas a decimal precision of 4 will allow journal  entries like: 0.0231 EUR."""),
     }
diff --git a/addons/account/res_config_view.xml b/addons/account/res_config_view.xml
index b0342ec514d..4458ffcebec 100644
--- a/addons/account/res_config_view.xml
+++ b/addons/account/res_config_view.xml
@@ -21,45 +21,59 @@
                         <button string="Cancel" special="cancel"/>
                     </header>
                     <sheet>
-                    <group string="Accounting Details of Company" col="4" groups="base.group_multi_company">
-                        <field name="has_default_company" invisible="1" />
-                        <field name="has_chart_of_accounts" invisible="1"/>
-                        <field name="company_id" widget="selection" on_change="onchange_company_id(company_id)"
+                    <field name="has_default_company" invisible="1" />
+                    <field name="has_chart_of_accounts" invisible="1"/>
+                    <field name="complete_tax_set" invisible="1"/>
+                    <field name="has_fiscal_year" invisible="1"/>
+
+                    <group groups="base.group_multi_company">
+                        <field name="company_id" string="Select Company" widget="selection"
+                            on_change="onchange_company_id(company_id)"
                             attrs="{'invisible': [('has_default_company', '=', True)]}"/>
                         <field name="expects_chart_of_accounts"/>
                     </group>
 
-                    <group string="Select a Chart of Accounts to Install" col="4" groups="base.group_multi_company" attrs="{'invisible': ['|', ('expects_chart_of_accounts','=',False), ('has_chart_of_accounts','=',True)]}">
-                        <field name="chart_template_id" widget="selection" on_change="onchange_chart_template_id(chart_template_id)" domain="[('visible','=', True)]"/>
+                    <group string="Select a Chart of Accounts to Install"
+                        attrs="{'invisible': ['|', ('expects_chart_of_accounts','=',False), ('has_chart_of_accounts','=',True)]}">
+                        <group>
+                            <field name="chart_template_id" widget="selection" domain="[('visible','=', True)]"
+                                on_change="onchange_chart_template_id(chart_template_id)"/>
+                            <field name="code_digits" groups="account.group_account_user"/>
+                            <field name="sale_tax" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',False)]}"
+                                domain="[('chart_template_id', '=', chart_template_id),('parent_id','=',False),('type_tax_use','in',('sale','all'))]"/>
+                            <field name="purchase_tax" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',False)]}"
+                                domain="[('chart_template_id', '=', chart_template_id),('parent_id','=',False),('type_tax_use','in',('purchase', 'all'))]"/>
+                            <field name="sale_tax_rate" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',True)]}" on_change="onchange_tax_rate(sale_tax_rate)"/>
+                            <field name="purchase_tax_rate" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',True)]}"/>
+                        </group>
                         <button string="Install More Chart Templates" icon="gtk-go-forward"
                             name="%(open_account_charts_modules)d" type="action"/>
-                        <field name="code_digits" groups="account.group_account_user"/>
-                        <newline/>
-                        <field name="complete_tax_set" invisible="1"/>
-                        <field name="sale_tax" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',False)]}"
-                            domain="[('chart_template_id', '=', chart_template_id),('parent_id','=',False),('type_tax_use','in',('sale','all'))]"/>
-                        <field name="purchase_tax" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',False)]}"
-                            domain="[('chart_template_id', '=', chart_template_id),('parent_id','=',False),('type_tax_use','in',('purchase', 'all'))]"/>
-                        <field name="sale_tax_rate" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',True)]}" on_change="onchange_tax_rate(sale_tax_rate)"/>
-                        <field name="purchase_tax_rate" attrs="{'invisible': ['|', ('chart_template_id','=',False), ('complete_tax_set','=',True)]}"/>
                     </group>
 
-                    <field name="has_fiscal_year" invisible="1"/>
-                    <group string="No Fiscal Year Defined for this Company" col="4" attrs="{'invisible': ['|', ('expects_chart_of_accounts','=',False), ('has_fiscal_year','=',True)]}">
-                        <field name="date_start" on_change="onchange_start_date(date_start)"/>
-                        <field name="date_stop"/>
-                        <field name="period" colspan="4"/>
+                    <group string="No Fiscal Year Defined for This Company"
+                        attrs="{'invisible': ['|', ('expects_chart_of_accounts','=',False), ('has_fiscal_year','=',True)]}">
+                        <label for="date_start" string="Date Range"/>
+                        <div>
+                            <field name="date_start" on_change="onchange_start_date(date_start)" class="oe_inline"/> -
+                            <field name="date_stop" class="oe_inline"/>
+                        </div>
+                        <field name="period"/>
                     </group>
 
-                    <field name="complete_tax_set" invisible="1"/>
-                    <group   colspan="" col="2" string="Accounting Configuration">
-                            <field name="default_sale_tax" domain="[('type_tax_use','=','sale'), ('company_id','=',company_id)]" attrs="{'invisible': [('has_chart_of_accounts','=',False)]}"/>
+                    <group string="Accounting Configuration">
+                        <group>
+                            <field name="default_sale_tax" domain="[('type_tax_use','=','sale'), ('company_id','=',company_id)]"
+                                attrs="{'invisible': [('has_chart_of_accounts','=',False)]}"/>
                             <field name="module_account_accountant"/>
-                            <field name="module_account_asset"/>
-                            <field name="default_purchase_tax" domain="[('type_tax_use','=','purchase'), ('company_id','=',company_id)]" attrs="{'invisible': [('has_chart_of_accounts','=',False)]}"/>
                             <field name="currency_id"/>
-                            <field name="module_account_budget"/>
                             <field name="decimal_precision"/>
+                        </group>
+                        <group>
+                            <field name="default_purchase_tax" domain="[('type_tax_use','=','purchase'), ('company_id','=',company_id)]"
+                                attrs="{'invisible': [('has_chart_of_accounts','=',False)]}"/>
+                            <field name="module_account_asset"/>
+                            <field name="module_account_budget"/>
+                        </group>
                     </group>
 
                     <field name="sale_journal_id" invisible="1"/>
@@ -68,45 +82,52 @@
                     <field name="purchase_refund_journal_id" invisible="1"/>
                     <group>
                         <group string="Customer Invoices">
-                           <label string="Next Invoice Number" for="sale_sequence_prefix" help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
-                            <div>
-                                <field name="sale_sequence_prefix" class="oe_inline"/>
-                                <field name="sale_sequence_next" class="oe_inline" attrs="{'readonly': [('sale_journal_id','=',False)]}"/>
-                            </div>
-
-                           <label string="Next Credit Note Number" for="sale_refund_sequence_prefix" help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
-                            <div>
-                                <field name="sale_refund_sequence_prefix" class="oe_inline"/>
-                                <field name="sale_refund_sequence_next" class="oe_inline" attrs="{'readonly': [('sale_refund_journal_id','=',False)]}"/>
-                            </div>
+                            <label for="sale_sequence_next"/>
+                            <group>
+                                <field name="sale_sequence_prefix" class="oe_inline" nolabel="1"
+                                    help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
+                                <field name="sale_sequence_next" class="oe_inline" nolabel="1" attrs="{'readonly': [('sale_journal_id','=',False)]}"/>
+                            </group>
+                            <label for="sale_refund_sequence_next"/>
+                            <group>
+                                <field name="sale_refund_sequence_prefix" class="oe_inline" nolabel="1"
+                                    help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
+                                <field name="sale_refund_sequence_next" class="oe_inline" nolabel="1" attrs="{'readonly': [('sale_refund_journal_id','=',False)]}"/>
+                            </group>
                             <field name="module_account_invoice_layout"/>
                             <field name="module_account_voucher"/>
                             <field name="module_account_followup"/>
                             <field name="group_proforma_invoices"/>
                         </group>
+
                         <group string="Supplier Invoices">
-                             <label string="Next Supplier Invoice Number" for="purchase_sequence_prefix" help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
-                            <div>
-                                <field name="purchase_sequence_prefix" class="oe_inline"/>
-                                <field name="purchase_sequence_next" class="oe_inline" attrs="{'readonly': [('purchase_journal_id','=',False)]}"/>
-                            </div>
-                            <label string="Next Supplier Credit Note Number" for="purchase_refund_sequence_prefix" help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
-                            <div>
-                                <field name="purchase_refund_sequence_prefix" class="oe_inline"/>
-                                <field name="purchase_refund_sequence_next" class="oe_inline"
+                             <label for="purchase_sequence_next"/>
+                            <group>
+                                <field name="purchase_sequence_prefix" class="oe_inline" nolabel="1"
+                                    help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
+                                <field name="purchase_sequence_next" class="oe_inline" nolabel="1" attrs="{'readonly': [('purchase_journal_id','=',False)]}"/>
+                            </group>
+                            <label for="purchase_refund_sequence_next"/>
+                            <group>
+                                <field name="purchase_refund_sequence_prefix" class="oe_inline" nolabel="1"
+                                    help='If you put "%%(year)s" in the prefix, it will be replaced by the current year.'/>
+                                <field name="purchase_refund_sequence_next" class="oe_inline" nolabel="1"
                                   attrs="{'readonly': [('purchase_refund_journal_id','=',False)]}"/>
-                            </div>
+                            </group>
                             <field name="module_account_payment"/>
                         </group>
+
                         <group string="Electronic Payments">
-                            <field name="paypal_account"/>
+                            <field name="paypal_account" placeholder="sales@openerp.com"/>
                         </group>
+
                         <group string="Bank &amp; Cash">
-                           <b><label string="Configure Bank Accounts :"/></b>
+                            <label for="id" string="Configure Bank Accounts"/>
                             <button name="%(action_bank_tree)d" string="Configure Bank Accounts" icon="gtk-go-forward" type="action"/>
                             <field name="company_footer"/>
                             <field name="module_account_check_writing"/>
                         </group>
+
                         <group name="analytic_accounting" invisible="1" string="Analytic Accounting"/>
                     </group>
                     </sheet>