There's no need for you to cancel your subscription, Wilson. You can upgrade your QuickBooks to enable reconciliation features in your account. I'll provide input about this matter.
Please know that QuickBooks Solopreneur offers limited features since it is designed specifically for self-employed individuals. Compared to more advanced versions of QuickBooks, this program doesn't have the option for bank reconciliation.
Thus, you can upgrade your QuickBooks account to a higher version instead of canceling your Apple subscription. Doing so won't lose your data when upgrading your file.
While it simplifies tax filing for self-employed users by effectively tracking income and expenses, I recommend upgrading to QuickBooks Online (QBO) Simple Start if you need advanced features to keep up with your bookkeeping.
You can also explore the various QBO features through this reference to decide which plan best suits your business needs: Find a plan that's right for you.
Additionally, you'll want to seek additional guidance from our Live Expert Assisted team to help you manage after upgrading your account and provide assistance in keeping track of your banking reconciliations.
Moreover, I'm including this guide to help you keep track of the account balances entered in your books: Learn the reconcile workflow in QuickBooks.
With the information provided, you'll be able to review and manage your financial entries. If you have any further questions, I'll be around to assist you further. Keep safe.
