Question about downgrading

jcm48

(Using Windows 11 on PC)

I'm a freelance writer and also have a paid job; have been using Quicken Home & Business for years, but I'm feeling like I don't really need all the features and I'd be just as happy with Classic Premiere. I don't do any downloading from my bank or investment accounts or use tax forms. I just keep two accounts (Personal and Self-employment) and then use categories to record expenses and income in each category; at the end of the year I create reports to use for tax prep. Can you see any reason why I should stay with Home & Business? And any reason why I need to pay for a subscription, other than the advantage of getting occasional updates? (I've attached a screenshot of my Account List and Category List to clarify.)

NotACPA

Well, you might not need "Business and Personal", as it's now called … but if you let your subscription lapse (rather than subscribing to Premier) about 1/3 of your Q screen will be commandeered by a "nag message" to renew.

If you do downgrade, all of your data will still be available, but the B&P specific features (say, invoicing and Mileage) will be gone and your business specific accounts will be converted to regular Q asset and liability accounts. Business specific reports will also be gone.