If I downgrade my Quickbooks plan from "Plus" to "Essentials", should I be able to invoice with products and services already exist in my account?

Hello there, @konstantinosgeor.

Let me help you manage your QuickBooks Online (QBO) plan and choose the subscription level that best suits your business needs. This way, you can utilize the essential features to monitor your business's everyday transactions.

Each QBO plan has its own set of features. When you opt to downgrade from Plus to Essentials, you will still be able to invoice with products and services that already exist in your account. This is because you'll retain your products and services list and the latter plan also has the option to track your income and send invoices. Then, in the said process, you'll only be losing some of the essential features like inventory tracking and recurring transactions.

Before you downgrade, make sure you aren't losing any essential features. Also, please note that the process will remove any discounts on your current plan (Plus), and you may need to turn off some features that won't carry over to your new subscription (Essentials).

Whenever you're ready to downgrade, follow these steps:

1. Sign in to QuickBooks Online as a primary or company admin.
2. Go to Settings ⚙ or Gear icon and then Account and settings.
3. Select the Billing & Subscription tab.
4. Make sure your payment info is up-to-date.
5. In the QuickBooks Online section, select Downgrade your plan
6. Review the available plans (Essentials) and then select Choose plan.
7. Follow the on-screen steps to downgrade your plan.

You can visit this article for the complete details about managing your QuickBooks subscription and knowing the features between each plan: Upgrade or downgrade your QuickBooks Online subscription.

Also, you may want to check out this article as your reference to guide you in case you need to update your billing info, payment method, and QBO subscription: Update billing, payment, and subscription info in QuickBooks Online.

Please keep me posted on how it goes in the comments below. If you have other account management concerns in QBO, I'm always ready to help. Take care, and I wish you continued success, @konstantinosgeor.

Thank you so much for your response. I really appreciate it.

You're always welcome, @konstantinosgeor.

I'm glad that I've provided you with the information you need to help manage your QuickBooks Online (QBO) account.

Please don't hesitate to reach back to us here in the Community if there's anything else you need. We're always here to help. Thanks for being the best part of QuickBooks, and have a great day!