Advice for Setting up Chart of Accounts (categories in Quickbooks)

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!

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Permalink Reply by Albert Barneto on January 23, 2012 at 10:46am

Here's a Chart of Accounts for Restaurants/Cafe.  Pretty decent is separating your costs for management.

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