Tracking Expenses for Home Baking Business
I recently started a small home baking business and use QuickBooks to track my expenses, especially for ingredients and packaging materials. One challenge I faced early on was properly categorizing baking supplies, like parchment and wax paper, since they’re essential but don’t always fit neatly into default categories.
For example, I’ve been experimenting with baking cookies on wax paper (here’s a helpful article https://customwaxpaper.com/bake-cookies-on-wax-paper/) and need to account for materials like this in my expense tracking.
Does anyone here run a small food business and have tips for organizing these types of purchases in QuickBooks? Would love to hear how others manage their bookkeeping!
