Summary
Account setting is used to define account related configurations for e.g. Contact Types, Status Types and Account types. Once configured, these will be available for Account entities as required for configuring the account status, contacts and account type for an Account or Company.
Account status types allow you to define what statuses an account can be in. When creating account status types you select one of four back-end statuses which will determine if the account status type is billable and if the account can be modified while it is in the status you have created. The behavior of the back-end statuses is explained in more detail below.
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