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I am trying to create a new custom setting in salesforce but the Setting Type field is greyed out and fixed to Hierarchy. What could be the possible problem?
You Can enable list custom setting schema Setting Page
Setup > schema Setting Page > List custom Setting
Please consider using custom metadata types instead of list custom settings. They are way more powerful: allow packaging of the records, support more field types, have better protection (on type, field and record level).
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