How to Cancel Harvest
Subscription in Few Steps
Need to cancel your Harvest subscription? Learn how to do it in a few easy steps and manage your finances effectively.
Harvest is a popular time-tracking and invoicing program many organizations use to run their operations efficiently. However, there may be a point when you need to terminate your Harvest subscription. Knowing how to terminate your Harvest subscription is critical, whether you want to save money, switch to another provider, or end your project. This article covers how to cancel, Harvest's return policy, potential savings, where to invest those savings, and Harvest alternatives.
Methods of Cancellation
Harvest provides two options for canceling your subscription, putting your account on hold or terminating your account permanently. It is vital to note that the Account Owner can only perform these activities.
Closing Your Account Completely
You can permanently cancel your subscription if you no longer need Harvest.
Step 1
Click the Settings button in the upper right corner of the web browser interface.
Step 2
On the left sidebar, click "Close account."
Step 3
Click the "Close Account" button.
Step 4
Select "Close My Account."
Step 5
Inform Harvest why you're closing your account, then click the "Permanently Close My Account" option.
Before closing, make sure you've exported any essential data. Harvest will email you a link to retrieve your account's time and invoice data, which will be available for one week after the closure.
Placing Your Account on Hold
If you want to temporarily stop using your account but keep the data for later use, putting it on hold is an excellent solution. This is how you do it
Harvest Refund Policy
Harvest's refund policy is relatively easy. Here are the main points
Harvest will not reimburse any unused time if you close or put your account on hold before the end of your billing month. Upon account termination, you will receive a link to retrieve your time and invoice data, valid for one week.
How Much You Can Save After Canceling Your Harvest Subscription?
The amount you save is determined by the plan you subscribed to
Solo Plan: If you were on the Solo plan, which costs $12 monthly, canceling your subscription would save you $144 yearly.
Team Plan: The savings for the Team plan, which costs $12 per user each month, double as the number of users increases. For example, a five-person team may save $720 each year.
Where To Invest That Amount?
After you've canceled your Harvest subscription, there are various wise ways to invest the money you save
Stock Market
Diversifying your stock portfolio can increase long-term returns. Use robo-advisors or consult a financial advisor to manage these investments.
High-Yield Savings Account
These accounts have more excellent interest rates than standard savings accounts and might be a safe location to keep your money while generating some return.
Retirement Accounts
Contributing to a Roth IRA or Traditional IRA can provide tax benefits and aid asset growth over time.
Alternatives to Harvest
If you're seeking alternatives to Harvest, a few tools that provide similar functionality
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Toggl offers easy-to-use time tracking and thorough reporting features. Toggl has a free tier and premium plans beginning at $10 per user monthly.
FreshBooks
FreshBooks is an excellent tool for small businesses. It offers features like invoicing, expenditure management, and time tracking. Plans begin at $15 per month.
Clockify
A free-time monitoring tool with reporting and project management capabilities. It is free, with more monthly features on subscription plans starting at $9.99.
Conclusion
Canceling your Harvest subscription, whether by putting it on hold or canceling it entirely, is a simple operation that must be completed via a web browser by the Account Owner. Harvest's policy ensures that you can access your data quickly following cancellation. The savings from canceling your subscription can be put towards numerous investment possibilities for better financial management. Consider Beem financial support services if you need help managing your money or looking for investment options. Beem offers experienced assistance to help you manage your financial path and make sound decisions, resulting in financial clarity and success.
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