Quickbooks error OL-301(When Updating Accounts)

QuickBooks error OL-301 takes place when you’re seeking to download financial institution transactions into it. This could be a motive for temporary bank server outage or your agency report can also have a few issues.

So, In this text, we’ll discover the causes behind this hassle and get them fixed permanently in QuickBooks desktop. From time to time, your financial institution also wishes the affirm your identity to get entry to their on-line offerings for QuickBooks. You may also contact QuickBooks Support for expert advice.

Causes for QuickBooks error OL-301

  1. Bank internet site or servers are on the upkeep mode
  2. Corporation file having information integrity troubles
  3. QuickBooks laptop desires to be updated


Things to do earlier than solving this error code


A. Touch your financial institution or financial organization

We advise you to touch your financial institution first because there could be a possibility that they’re making a few adjustments onto their server(s) or internet site(s) and this is the cause for having this trouble in QuickBooks computing device. In the event that they’re walking with a few issues please wait for 24-forty eight hours and in the event that they’re now not please continue in addition with the under troubleshooting steps

B. Make a backup in your company files

  1. Open QuickBooks desktop
  2. Visit record > back Up organization > Create nearby Backup
  3. Now observe onscreen instructions to create a backup

C. Update QuickBooks laptop

  1. Open QuickBooks laptop
  2. Visit help > replace QuickBooks computer…
  3. Pick out replace Now tab from the pinnacle and click on Get Updates
  4. Once the update is complete, click on close

Three simple steps to fix QuickBooks errors OL-301

Step one: Deactivate and Reactivate financial institution Feeds


Deactivate financial institution Feed


  1. Visit list > Chart of accounts (CTRL+A)
  2. Right-click on the account(s) from the listing that inflicting this error code to you and choose Edit Account
  3. Click on bank Settings
  4. Pick out Deactivate All online services
  5. Click good enough
  6. Choose keep and close


Reactivate bank Feed


  1. Go to listing > Chart of bills (CTRL+A)
  2. Proper-click on at the account(s) from the listing that inflicting this error code to you and choose Edit Account
  3. Click on set up Bank Feeds… after which sure to shut all open QuickBooks home windows
  4. Subsequent display screen activates you to enter your financial institution(s) name and click on maintain
  5. Now on the subsequent windows input your bank Username and Password and click join
  6. QuickBooks will take some time to drag up your financial institution account(s), once it determined them link the account(s) with a respective current account
  7. Click on next


Short word: you could need to affirm your identity together with your bank. Log In to your financial institution’s internet site and notice if you’ve security notification and then permit that for accessing online services with QuickBooks desktop.

Read More:-QuickBooks File Doctor

Step two: Run confirm and Rebuild Utilities


Run verify Utilities


  1. Open QuickBooks computer
  2. Go to document > Utilities > verify information
  3. Click ok to close all open windows
  4. If QuickBooks doesn’t detect any trouble with your data click ok
  5. If QuickBooks determined a few issues along with your statistics click on Rebuild


Run Rebuild Utilities


  1. Visit record > Utilities > Rebuild facts
  2. Click on adequate and then keep to create a backup
  3. Once rebuild has finished click on View effects
  4. If you determined zero problems please proceed similarly with the underneath steps
  5. If you determined any troubles together with your data, you can communicate with our professionals

Step three: Create a take a look at organization document


The purpose to create a new take a look at file is to discover if the trouble is along with your financial institution or a company report. To create a new enterprise report observe the underneath steps:

  1. Visit document > New business enterprise
  2. Click begin Setup and pass
  3. Now input the specified records and click Create an organization
  4. QuickBooks can also make an effort for creating a new agency report
  5. Once you’re ready! Click on begin working
  6. Now add your bank account in the take a look at the file


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