When I am adding a new record how would I specify a default value for this record? Like say for instance when I add a new record I want the Created field to be set with the current date. I'm assuming this is something that would be done in the business object just not sure where or how.

You'll need to go to the BOMapper and configure the business object. Inside the configuration, select "Single Event for All Fields" for the "Changed Events" type. After rebuilding the partial class for the business object, you'll have a new event called FieldValueChanged. Add a handler to this event (within the business object itself) and within the handler add the line "Me.Modified = DateTime.Now" Whenever you change a field on the business object, it will go through this event and set the "Modified" field to the current time. When you save the record, that fieldl will also be updated back to the server.