Intuit is also beta testing the ability for users to “’tag’ their front-of-house data in a very flexible way.” That will enable users to search for data and report on it without using the chart of accounts.

Business View employs different terminology and a slightly different presentation from the original view designed or accounting pros, now called Accountant View. Users will be able to toggle between the two in Advanced Settings. Intuit said currently the primary differentiation between the views is a new cash flow report on the dashboard and new terminology in the +New (create) menu and the use of Money In, Money Out, and Other as headers instead of Customers, Vendors, Employees, and Other. 

The next change will be a switch to the term “Transactions” instead of “Banking” in the left navigation for Business View users.

In a post on its Firm of the Future web site, Intuit noted the terminology may change. It also noted, “At the moment, Accountant View will remain as the QuickBooks Online you know.”

Tagging will be available in Business View and Accountant View. The capability will first be available on expense and invoice forms, with more types of data-in to follow.  Intuit said tagging is not replacing classes/locations users will able to reserve the chart of accounts, classes, locations, and custom fields for tracking any business-critical information.