cancel
Showing results for 
Search instead for 
Did you mean: 
corybuckleaksloc
Level 1

Looking to completely close my business next month. Is there a way to keep all your information for tax purposes without paying subscription fees.

 
2 Comments 2
Fiat Lux - ASIA
Level 15

Looking to completely close my business next month. Is there a way to keep all your information for tax purposes without paying subscription fees.

Export your data to QB Desktop file format. You can utilize the trial license to open it later.

Carneil_C
QuickBooks Team

Looking to completely close my business next month. Is there a way to keep all your information for tax purposes without paying subscription fees.

We respect your decision, @corybuckleaksloc. I've got some details to help you with your concern about what will happen to your data after cancelling your subscription in QuickBooks Online. 

 

Once you’ve cancel your account, we hang on to your data for one year for both paid and trial subscription. If you wish to come back, you can take up where you left off. Then, we delete the data after that.

 

With regards to your data, I’d suggest exporting them before canceling your old subscription. This way, you still have references and records of them. Here’s how: 

 

  1. Go to the Gear icon.
  2. Under Tools, click Export data.
  3. Select Reports or Lists.
  4. On the Reports tab, set the date range.
  5. Select Export to Excel.

    EXPORT.png


You can check this reference for complete instructions on how to download your data from QBO: Export reports, lists, and other data from QBO.

 

I've added this reference to know about the steps on how to resubscribe to QBO, just in case you want to get back: Reactivate your QBO account

 

Please let me know if you need clarification about managing your subscription, or other QBO related concerns. I'll be standing by for your response. Have a great day and stay safe.

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us