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Buy now & saveHi there, @glw1951.
Allow me to join the thread and clarify things for you.
Once your QuickBooks Desktop subscription is cancelled, you'll still retain access to your company data file stored on your device, which can be reinstated in a readable QuickBooks Desktop format upon reactivation of your subscription or with the purchase of a license to the software. But since your subscription is active, your files won't be lost, and there's no need to restore them.
To help you manage your QuickBooks Desktop account, here are some articles you may read for more information:
In addition, I recommend checking the cancellation policies if you need to cancel a service. I've included this link for your reference: QuickBooks Desktop cancelation policies.
If you have any other follow-up questions, let me know by adding a comment below. I'm more than happy to help. Keep safe!