QuickBooks is a great accounting application and is popular among various small and medium-sized businesses. It has a hold on the market because of its advanced features, online banking services, and user-friendly interface. But, it annoys users with technical glitches. One such error is QuickBooks error OL 301, which arises when a user tries to connect with the financial institution or download a transaction in QuickBooks. On the occurrence of this error, the user receives an error message from the financial institution that says: It might be because of account info changed or they haven’t turned on a service. Stay connected until the end to learn more facts about QuickBooks online banking error OL 301, its causes, and troubleshooting steps.
Have you run into QuickBooks error OL 301 and wondering what to do? Dial our toll-free number +1 800-579-9430 and get assistance from the QuickBooks technical support team
What are the causes behind QuickBooks Online banking error OL 301?
Several reasons give rise to this bank error in QuickBooks. Have a look at some of them given below:
- The user has not updated to the latest version of QuickBooks Desktop.
- QuickBooks is unable to connect to the bank server.
- QuickBooks Desktop is incomplete or corrupted.
Given below are the fixation steps to rectify the error from the root.
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Solutions to Get Rid of error OL 301 in QuickBooks
Solution 1. Prepare a test company file
To know if the error is caused due to something QuickBooks or a problem with the bank, follow the steps given below to create a test company file:
- Start QuickBooks Desktop and go to the File menu.
- Choose New Company and then Express Start or Start Setup.
- Move to the Setup window and fill in all required information.
- Click Create Company and then the Start Working option.
If the same error recurs, there is some problem with the QuickBooks connection from your bank.
If you installed QuickBooks recently, your financial institution needs to confirm your identity before utilizing online services. Log in to the bank account on a browser and check for security notifications from the bank.
If you did not get any error, proceed to the next solution.
Solution 2. Refresh QuickBooks connection with the financial institution
To refresh the connection, turn bank feeds off and on. You need to do this if your financial institution has updated its online banking service.
- Turn off bank feeds using the steps given below:
- Choose Lists and select Chart of Accounts.
- Choose your bank account for which you want to turn off bank feeds and click Edit Account.
- Head to the Bank Settings tab, select Deactivate all online services and click OK.
- Click Save & Close.
- Now, turn on Bank Feeds and try to connect with the bank to download the transactions.
After following all the above steps, we hope you can successfully resolve QuickBooks error OL 301. If you are unable to resolve the error on your own, seek help from the certified QuickBooks expert’s team by calling us on our customer support number +1 800-579-9430.
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