What happens to your company data?

If you cancel your subscription, if your trial period expires, or if your credit card expires or is declined and not updated:

All recurring transactions stop.
All automated invoices stop.
You can't edit or add data, but you can read data and run reports.
Your company's QuickBooks data is read only for a period of time and is then deleted. The period of time depends on your situation:
- If your trial expires, the period is 90 days.
- If you cancel your trial, the period is 0 days. But if you're subscribed to another QuickBooks service, the period is 30 days.
- If you cancel your subscription, the period is one year.
- If there's a problem with your credit card, you have a 14-day grace period without any restrictions. After that, you'll have a 90-day read-only period.

Tips

Before you cancel, we recommend that you print all QuickBooks forms that you might need.
If you cancel QuickBooks, Direct Deposit is also canceled.
If you terminate your business, you must provide Forms W-2 to your employees for the calendar year of termination by the due date of your final Form 941. You must also file Forms W-2 with the Social Security Administration (SSA) by the last day of the month that follows the due date of your final Form 941.
Go to the SSA website for information about filing Forms W-2 for the current year.

Still stuck? Contact us