Non-Operating Organizations

All firms have some firm-wide revenue and expenses that are not associated with any organization; for example, professional liability insurance, senior management salaries, or rental income.

To accumulate and track this firmwide data, you can establish a General or Corporate organization within your organization structure. The General or Corporate organization is considered a non-operating organization, because it is not associated with any regular, revenue-producing projects.

Setting up a Corporate or General organization can help you better track and analyze the profitability of your organizations within the firmwide structure.