sharepoint problem with server farm account

I am running sharepoint foundations 2010, and I have an error message which I don't exactly know how to fix.  I've attached a screenshot of the error (error 1).  When I follow the instructions, and try to use "local host", I get the following error. (error 2)

Can someone shed some light on how to fix this?

DanNetwork EngineerAsked:
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See this reference from TechNet:

The server farm account should not be used for other services

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DanNetwork EngineerAuthor Commented:
I already looked at that article, but it won't accept the local account.  Do I just create a new account for it, or how do I tell it to use a specific acount, as the only two user accounts when I follow that process is the NT Authority and the local account.
You can create new Active Directory domain service accounts, or new local Windows service accounts.

Is that what you mean?
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DanNetwork EngineerAuthor Commented:
Yes, I'm assuming its better to just create a local user account, how do I know what access to give it?
I prefer domain user accounts, but local user accounts sound like they would work in your situation.

When assigning the account through Central Administration, SharePoint should generally handles applying the appropriate permissions.
DanNetwork EngineerAuthor Commented:
So this is the last error message:
"The server farm account should not be used for other services."

It's telling me to do this:
Browse to http://zion:17003/_admin/FarmCredentialManagement.aspx and change the account used for the services listed in the explanation. For more information about this rule, see "".

But the problem is, the only two account is the network service and local account, and I tried using the local account, but that didn't work either.  So I'm assuming it must have some built in account I can use, but how do I add it to the list to be used?
DanNetwork EngineerAuthor Commented:
thanks for your help, I gave it another shot and it worked.
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