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You may have 2 options:
1. Convert your data to a QB Desktop file format as archive and purchase a one time license for QB Desktop 2021 to open your file anytime.
2. Cancel your QB Online account and resubscribe every 12 months.
I want to ensure you'll be able to keep a record of your QuickBooks data before closing your company, @RichardB UK.
I agree with Fiat. In addition to that, you can also download a copy of your data before closing your QuickBooks Online (QBO) account. The program will allow you to export your company records such as lists, reports, and other info. Then, saved them on your computer.
Let me guide you on how:
To export other data, check out this article for the detailed steps: Export reports, lists, and other data from QuickBooks Online.
When you're ready to close your company, feel free to visit this page for guidance: Cancel your QuickBooks Online subscription or trial.
You can always post here again in the Community if you have any other concerns managing your account. I'm just around the corner ready to lend a hand. Have a good one and take care.
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