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- Use Record Types - eg Clients, Partners, Suppliers.
- Potentially even instead of Type - it gives you more flexibility for later.
- See Accounts and Contacts Rules! for more details.
New Salesforce Org
Account Settings
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When reporting, beware of the Contacts and Organisations report type. If an Organisation does not have any Contacts, the organisation will NOT show on this report.
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Lightning Page Layout
See Record Page for an example Lightning Page Layout for Accounts.