To downgrade your plan, see the QuickBooks Online comparison chart to select a plan right for your business. Before you downgrade any of your QuickBooks Online Plans, turn off some features like recurring transactions, extra users, inventory, multi-currency, and third-party apps. Next, downgrade your plan by logging into your account. Go to ‘Settings’ and select ‘Billing and Subscription’ under the profile tab. Select, ‘Downgrade Plan’.