Warning if you downloaded the file just as this was introduced it contains an unsigned assembly that will give you an error message shown when you would see it during the installation below. A fix was put out by MS a few days later. If in doubt download it again.Download the SharePoint List Component
CRM2011-SharePointList-ENU-amd64.exe file and run it on your VM.
Pick a place to unpack the contents. You will be browsing to the crmlistcomponent.wsp file from SharePoint later.
Before installing the List component you need to relax the Browser File Handling to “Permissive” for the Web application that you are sharing with MS CRM 2011.
Go to SharePoint Central Administration and click on Manage web applications.
Select the web application that you are sharing with MS CRM and click on General Settings.
Scroll down to Browser File Handling and click on permissive then scroll to the bottom and click OK.
Now visit your SharePoint Site and click on Site Actions then Site Settings.
Click on Solutions under Galleries
Click the Solutions Tab, and a ribbon will appear. Click on Upload Solution in that Ribbon.
Now browse to the crmlistcomponent.wsp file that was unpacked earlier and click OK.
Now you need to Activate this solution.
You should see this if you have the right version.
The SharePoint List Component is now in place.
To test this in CRM.
Go to Settings, Document Management and click on Document Management Settings. Enter your shared SharePoint site. Click Next
You can pick Account, Contact or not select where you Document Library will be based. I selected Account below. Click Next
When it is all done, click finish.
Create a Test Account if you don’t already have one. Add a document of some kind. It will prompt you for a location to automatically create a SharePoint Folder the first time you do this per Account. Click OK.
Click the Open SharePoint link to see the document in SharePoint. Both sides can now work with documents in this folder.