This software must have a software repository created and this is normally done by the installation.  The path shown in the current directory is the location of this repository.   To verify the repository is setup properly, click the Explore button and you should see 13 directories including DB and Returns.  If you see these folders, all is well.  If not, you may need to determine why, or click the Create Data Directories button to create the folders in the current location.  Once you click the checkbox, click OK to leave the dialog and go back in.  Now if you click Explore you should see the folders.