The problem is here:

the defected file is here:

/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/addons/report/views/views.xm

Error details:
Element '<xpath expr="//group[@string='Footer Configuration']">' cannot be located in parent view

You need to change /addons/report/views/views.xml because the link is wrong. I mean this "Footer Configuration" design element in original xml is not exsist.

You can repair, if you comment all of this in def. file:

<!--      -->

or you can find any other elemt for the inherit in target and modify the def. file like this:

<xpath expr="//group[@string= 'Configuration (RML)']" position="after">
                        <group string="QWeb PDF Configuration">
                            <field name="paperformat_id"/>
                        </group>
                    </xpath>

you can check the valid items for target view here:

openerp / addons / base / res / res_company_view.xml

Hope this helps.

B.R.

Hee is the stacktrace :

2014-08-17 19:58:11,892 9845 INFO JANS openerp.modules.loading: module report: loading views/views.xml
2014-08-17 19:58:12,165 9845 ERROR JANS openerp.addons.base.ir.ir_ui_view: Element '<xpath expr="//group[@string='Footer Configuration']">' cannot be located in parent view

Error context:
View `view_company_form_inherited`
[view_id: 287, xml_id: n/a, model: res.company, parent_id: 112]
2014-08-17 19:58:12,169 9845 CRITICAL JANS openerp.service.server: Failed to initialize database `JANS`.
Traceback (most recent call last):
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/service/server.py", line 894, in preload_registries
    registry = RegistryManager.new(dbname, update_module=update_module)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/modules/registry.py", line 299, in new
    openerp.modules.load_modules(registry._db, force_demo, status, update_module)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/modules/loading.py", line 343, in load_modules
    loaded_modules, update_module)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/modules/loading.py", line 247, in load_marked_modules
    loaded, processed = load_module_graph(cr, graph, progressdict, report=report, skip_modules=loaded_modules, perform_checks=perform_checks)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/modules/loading.py", line 175, in load_module_graph
    _load_data(cr, module_name, idref, mode, kind='data')
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/modules/loading.py", line 117, in _load_data
    tools.convert_file(cr, module_name, filename, idref, mode, noupdate, kind, report)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/tools/convert.py", line 973, in convert_file
    convert_xml_import(cr, module, fp, idref, mode, noupdate, report)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/tools/convert.py", line 1059, in convert_xml_import
    obj.parse(doc.getroot())
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/tools/convert.py", line 926, in parse
    self._tags[rec.tag](self.cr, rec, n)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/tools/convert.py", line 855, in _tag_record
    id = self.pool['ir.model.data']._update(cr, self.uid, rec_model, self.module, res, rec_id or False, not self.isnoupdate(data_node), noupdate=self.isnoupdate(data_node), mode=self.mode, context=rec_context )
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/addons/base/ir/ir_model.py", line 1012, in _update
    res_id = model_obj.create(cr, uid, values, context=context)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/addons/base/ir/ir_ui_view.py", line 205, in create
    return super(view, self).create(cr, uid, values, context)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/osv/orm.py", line 4257, in create
    self._validate(cr, user, [id_new], context)
  File "/usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/osv/orm.py", line 1584, in _validate
    raise except_orm('ValidateError', '\n'.join(error_msgs))
ParseError: "ValidateError
The field(s) `arch` failed against a constraint: Invalid view definition

Error details:
Element '<xpath expr="//group[@string='Footer Configuration']">' cannot be located in parent view

Error context:
View `view_company_form_inherited`
[view_id: 287, xml_id: n/a, model: res.company, parent_id: 112]" while parsing /usr/lib/python2.7/site-packages/openerp-8.0dev_20140815_230101-py2.7.egg/openerp/addons/report/views/views.xml:96, near
<record id="reporting_settings_form_inherited" model="ir.ui.view">
            <field name="name">view_company_form_inherited</field>
            <field name="inherit_id" ref="base.view_company_form"/>
            <field name="model">res.company</field>
            <field name="arch" type="xml">
                <data>
                    <xpath expr="//group[@string='Footer Configuration']" position="after">
                        <group string="QWeb PDF Configuration">
                            <field name="paperformat_id"/>
                        </group>
                    </xpath>
                </data>
            </field>
        </record>

Dear Luke,

I analyse your errors code and i don't know where they errors from. Then, i recommend to you to uninstall your openerp server and reinstall it again. Don't unistall your postgresql server.
Best regards.