1. To create business accounts, you need “Create” permission on accounts. 2. To create person accounts, you need “Create” permission on both accounts and contacts . 3. When creating an account, you might be prompted to choose a Record Type, if the organization uses record types. Different record types can have different fields and different picklist values. 4. If your organization uses divisions, the division of a new account is automatically set to your default division, unless you manually select a different one.