I'm a new coffee shop owner and am setting myself up in Quickbooks. I'm looking for advice on the categories (classifications) that are essential for structuring my accounting.
I know the obvious ones like bakery items, milk, coffee beans, payroll services, etc.
Are there any categories that other owners forgot, but later found valuable, when initially setting up their accounting? I rather learn from people with this experience than have to go back and re-classify items because I didn't use the right strategy from the start.
Thanks so much!