What must you specify during company creation to use standard account groups?

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To use standard account groups during the company creation process in Sage Intacct, it is essential to specify quick start setup templates. Quick start setup templates are designed to facilitate the initial setup of the company by providing a predefined structure that includes standard account groups. These templates streamline the process and help ensure that all necessary components are included based on best practices, allowing for an efficient and standardized approach to setting up the chart of accounts and related financial frameworks.

Using quick start templates avoids the manual and often complex process of creating these settings from scratch, ensuring that users adhere to established norms and guidelines in accounting practices. As such, this approach lays a strong foundation for the financial reporting and operations of the organization being set up in the system.

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