You create a project that comprises all the parts of your application, for example the COBOL source and BMS files. You build the demonstration application in Enterprise Developer, and deploy and run it on an enterprise server region.
The default location for storing new projects is the workspace you specified when you started Eclipse. If you wanted to change this, you could uncheck Use default location and specify a different location; however, you use the default location in this tutorial.
The ACCT project is created and appears in the Application Explorer view. By default, its COBOL dialect is Enterprise COBOL for z/OS and the character set is EBCDIC.