What is a consequence of downgrading a client's QuickBooks Online subscription?

Downgrading a client's QuickBooks Online subscription can lead to the loss of certain features that were previously accessible at a higher subscription level. Each tier of QuickBooks Online, such as Simple Start, Essentials, or Plus, offers different functionalities designed to cater to varying business needs. When a downgrade occurs, the client may find that features like advanced reporting, multi-currency transactions, or the ability to manage multiple users are no longer available, depending on the new subscription tier chosen. This can impact the client's ability to manage their finances effectively, so understanding the features associated with each subscription level is crucial for making informed decisions about their accounting software needs.