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Salesforce Certified Administrator · Salesforce
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When you convert a lead, Salesforce uses the information stored in the lead record to create a business account, a contact, and an opportunity. If you’ve enabled person accounts and the lead record didn’t include a company name, the lead is converted into a person account and an opportunity.
But we need to enable person account first in org right?
Leads that don't have a value in the Company field are converted to person accounts. Leads that do have a value in the Company field are converted to business accounts.