Sounds like you need to read the online tools from AB regarding DH+ comms, but here's what you need to know right now.
There will be a programming cable for the SLC and one for the PV. I don't have the cable numbers with me right now.
Your 5/04 already has a node address (likely 1, as Ken noted above). Your PV defaults to node address 2 and you can confirm (or change) this by looking in the comms setup in the Panelbuilder32 software. Your wiring between the PLC and the PV will not be 232 cable but a 3 wire shielded cable connect to Channel 0 on the SLC and to the DH+ connector on the PV. A resistor is recommended on the "last" DH+ connection terminal. If you only have these two items connected by DH+, the resistor will go on the PV. I'm not at work and I don't remember the resistor specs but you can easily find them out, or I will post tomorrow when I get to work.
Lastly, when you build your application in Panelbuilder32, you will need to tell the PV the node address(es) of the other component(s) on the DH+. The name of the application will be whatever you want to call it (with very few exceptions).
As far as addressing the objects in Panelbuilder, I can post some helpful items on the forum tomorrow as well.
Holler if you need more help. I just installed a new PV and built it's application on Tuesday of last week and I can answer most questions you might have.