Setup.pl not connecting completely on windows xp

[D J <..hidden..>]

Hopefully someone can assist me with this problem. 
I can access the page setup page with no problem, and additionally enter my credentials which allows me to go to the next screen in which I am informed that the database needs to be created and would I like for it to be created I indicate yes. Then the next thing that happens is an internal server error.

Which lists the following:
[Thu Nov 08 02:36:30 2012] [error] [client 127.0.0.1] The syntax of the command is incorrect.\r
[Thu Nov 08 02:36:30 2012] [error] [client 127.0.0.1] Thu Nov  8 02:36:24 2012 Sysconfig.pm created tempdir /tmp/ledgersmb rc=256\r
[Thu Nov 08 02:37:21 2012] [error] [client 127.0.0.1] The syntax of the command is incorrect.\r
[Thu Nov 08 02:37:21 2012] [error] [client 127.0.0.1] Thu Nov  8 02:37:17 2012 Sysconfig.pm created tempdir /tmp/ledgersmb rc=256\r
[Thu Nov 08 02:37:21 2012] [error] [client 127.0.0.1] Use of uninitialized value $msg_plus in concatenation (.) or string at LedgerSMB/Auth.pm line 79.\r
[Thu Nov 08 02:37:21 2012] [error] [client 127.0.0.1] DBI connect('dbname=template1','',...) failed: fe_sendauth: no password supplied at LedgerSMB.pm line 986.\r
[Thu Nov 08 02:37:25 2012] [error] [client 127.0.0.1] The syntax of the command is incorrect.\r
[Thu Nov 08 02:37:25 2012] [error] [client 127.0.0.1] Thu Nov  8 02:37:22 2012 Sysconfig.pm created tempdir /tmp/ledgersmb rc=256\r
[Thu Nov 08 02:37:31 2012] [error] [client 127.0.0.1] The syntax of the command is incorrect.\r
[Thu Nov 08 02:37:31 2012] [error] [client 127.0.0.1] Thu Nov  8 02:37:26 2012 Sysconfig.pm created tempdir /tmp/ledgersmb rc=256\r
[Thu Nov 08 02:37:31 2012] [error] [client 127.0.0.1] DBI connect('dbname=compacct','postgres',...) failed: FATAL:  database "compacct" does not exist at LedgerSMB/Database.pm line 287.\r
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] Premature end of script headers: setup.pl
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] The syntax of the command is incorrect.\r
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] Thu Nov  8 02:37:36 2012 Sysconfig.pm created tempdir /tmp/ledgersmb rc=256\r
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] DBI connect('dbname=template1','',...) failed: fe_sendauth: no password supplied at LedgerSMB/Database.pm line 424.\r
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] Can't call method "quote_identifier" on unblessed reference at LedgerSMB/Database.pm line 428.\r
[Thu Nov 08 02:37:40 2012] [error] [client 127.0.0.1] Compilation failed in require at C:/wamp/apps/ledgersmb/setup.pl line 8.\r


in the ledgersmb.conf I do not see where I am supposed to put a db usr and password so how is this supposed to connect using setup.pl?