I am following this tutorial (https://www.odoo.com/documentation/8.0/howtos/themes.html) to create a custom theme.

It says: "Run the server and update the theme (./odoo.py -u dummy_theme), then install the theme in the settings menu." Can somebody help how to install the theme in the settings menu?

When I goto settings->Modules->Updates, it says: "Nice! No updates :)" and when I try to search the newly created theme in Settings->Local Modules, it say: "No module found!". Am I doing something wrong?