Welcome to the QuickBooks Community, hello212. Please keep in mind that there isn't currently a direct way to downgrade from QuickBooks Online (QBO) to QuickBooks Self-Employed (QBSE). Let me provide step by step-by-step processes so you can switch from QBO to QBSE smoothly.
After that, you can now import your data to QBSE. Here's how:
Go to the Gear icon.
Select Imports.
Choose an account and click the Import Older Transactions link under the Action column.
Follow the on-screen instructions to complete the process.
Click Import.
Additionally, you can also connect your bank account to QBSE. This way, your latest transactions download automatically into the program. You can check out this article for the complete details: Connect bank and credit card accounts to QuickBooks Self-Employed.
Lastly, refer to this article if you need various details on how QBSE tracks your business income and expenses and how they work on the program: QuickBooks Self-Employed Overview.
You're welcome to comment below if you have further concerns about migrating from one QuickBooks product to another. I'm just around to help. Take care always.
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