The reset procedure is done in the instrument cluster.
First turn the vehicle on and with the engine running sit in the drivers seat and latch the seatbelt, then use the thumb wheel on the left stalk near the steering wheel. Cycle to the picture of a tire then press and hold the "BC" button on the end of the stalk then a box will show up release the button and press and hold again until a check mark shows up in the box then just drive it.
BMW Technician
BMW Master Certifed level 1 Technican