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To set the user's password -  a "Folio password" entry,to the right of Username in Extended Information, may will appear after you've saved the user account information and then chosen Edit.  This will give you the option to send the user a password reset email. Easier is probably to Or finish setting up the user, log out of the folio account, and do the following: at the login screen, choose Forgot Password, and put in the username or email address.