Once you input a bank information we automatically withhold money from it so your subscription fee will be automatically paid. If you're referring to switching from monthly to annual billing, you can use these steps:
Go to the Gear icon and select Account and Settings.
From the Billing & Subscription tab, select Switch to annual billing.
Tap Switch, then Done.
I've added these links if you need help in renewing or updating your subscription instead.
Please don't hesitate to post your questions here if you need more help in handling your subscription. Take care!
I'm here to share additional insights about the subscription plan in QuickBooks Online.
QuickBooks Online subscription has been changed to monthly billing after the accounts were transferred to online billing. This is the reason why an annual subscription is no longer an option.
You may also consider reaching out to our Customer Care Support. One of our agents can assist you further with your subscription to QBO.
Get back to this thread if you need additional help with a QBO subscription. I'll be glad to help.
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