"Multi-currency QB account (I only use USD) it blocks the downgrade to simple for $35. How hard is canceling and migrating all data to a new USD-only account? Possible?"

Yes, it’s possible to migrate all your data to a new USD-only account by exporting it from your current subscription and then importing it to your new account, for which you will need to resubscribe to the Simple Start plan. After that, we can cancel your multi-currency QuickBooks Online (QBO) account. I’ll walk you through the steps, Nicole.

Before canceling, we need to back up your data by exporting it from your current account. This includes customer lists, vendor lists, transactions, and reports. Here's how:

1. Go to the Gear icon and select Export Data.
2. Select the data you want to back up.
3. Then, click Export to download the data as a spreadsheet.

After backing up your data, we can now proceed to cancel your account or choose to downgrade your plan.

1. Go to the Gear icon.
2. Select Subscription and Billing.
3. Then, click Cancel or Downgrade your plan.

After creating a new account, we can import the data to your new account. Here’s how:

1. Go to the Gear icon.
2. From the drop-down menu, we can choose what data you want to Import.
3. Then, click Import.

To set up a USD-only currency in QBO, follow these steps:

1. Go to Settings.
2. Go to the Advanced tab, then select Currency.
3. Click the pencil icon to Edit.
4. Choose USD - United States Dollar from the dropdown menu.
5. Then, click Save.

Furthermore, we can check this article to see which financial reports are included in each plan in QuickBooks Online: Reports included in your QuickBooks Online Subscription.

Moreover, we can maximize the efficiency of your financial processes by collaborating with our QuickBooks Live Expert Assisted team. They're veterans in the field, known for smoothing out financial operations and offering insights tailored to your business. One click connects you to a more prosperous financial path.

If you need further assistance in managing your QBO account, just click the reply button. I'm always here to help.

@Nicole143 

You can contact @Fiat Lux - ASIA to migrate your data to a new Simple Start account.