Is it possible to restore a suspended account ?

You can resubscribe you canceled account within 1 year. 

Yes, -oldbackconstruc. We'd love to have you back. I'm here to help you restore your account.

You can always reactivate it and continue where you left off. I'll walk you through the steps of reactivating an account. To resubscribe, you'll have to use the same payment method and billing frequency as you did with your previous subscription. Here's how:

1. Login to your QuickBooks Online company.
2. Go to Settings and select Account and settings.
3. Choose the Billing and subscription tab.
4. Click Resubscribe, then enter the updated billing information.
5. Tap Subscribe.
   

Check this article to know more about your data and charges after resubscribing: Reactivate QuickBooks Online FAQs.

I'm also adding this link to learn about managing your QBO subscription, whether you need to update the card on file, change your subscription, or view your billing history: Manage billing, payment, and subscription info.

If you require further assistance with the subscription, please leave a comment below. I'm always available to help.