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QuickBooks Error Code OL 203

QuickBooks Error OL 203

QuickBooks Error Code OL 203 is one in every of the usually occurring on-line banking setup and association errors encountered by the users of QuickBooks accounting software.

Banks sometimes want identity confirmation before retrieving knowledge from any accounting or money management software system like QuickBooks. Before attempting to repair QuickBooks Error Code OL 203, so as to fulfill the safety needs of your bank, you must 1st log in to your checking account and check if you have got any notifications in your message center. however, you should take into thought that you just should log in to your checking account not from your QuickBooks however from outside it.

Unfortunately, being software nice and amazing, errors can arise as indiscriminately whereas mistreatment this software. QuickBooks Error Code OL 203 usually happens whereas setting up on-line banking in QuickBooks Desktop. For the fixation of those error codes, we are about to share the most effective troubleshooting steps through this useful blog info.

Causes of QuickBooks Error Code OL 203

  1. It might be the important alerts that got to be recognized once work into on-line Banking directly on the bank’s web site.
  2. There can be changes created or the bank has changed its service offerings, internet Connect or Direct Connect.
  3. They will have an alteration to their name that must refresh the changes in QuickBooks.
  4. The bank account accessing in on-line banking in QuickBooks could also be inactive.
  5. Bank servers may be down.
  6. Because of internet connectivity issue, this error code seems.
  7. As a result of using an out-of-date QuickBooks.
  8. QuickBooks company file could produce a problem.
  9. A problem with the transfer or imports format.

Troubleshooting QB Error Code OL 203

Solution 1: Make the TLS 1.2 Security Protocol Enable

Perform the given steps one-by-one to quick enable TLS 1.2:

  1. First, open the Internet Explorer on your Windows and make sure the latest version is installed
  2. Then, give a hit on the “Gear” icon from the upper-right corner of the Internet Explorer
  3. Now, go to the “Internet” option and open the “Advanced” tab
  4. Find the Security section by scrolling down
  5. Now, un-check the box to the option “Use TLS 1.0” and give a check in “Use TLS 1.2”
  6. After doing that, tap “Apply” and then hit “OK” to save the changes finally
  7. Now, close all the open programs
  8. Restart your computer.

Solution 2: Create a New Test Company File

This solution helps you in figuring out whether it is your banking institution that is causing the problem or their servers.

  1. Go to QuickBooks File menu and select New Company.
  2. Go to Express Start.
  3. Now, add the bank account going through the problems and set it up for bank feeds.
  4. Once this is done, go on downloading Bank Feed Transactions to test whether it was the bank account creating the error.
  5. If you obtain the same error message again, then it was your bank creating the problem. But in case, you do not receive the same error message, it was not your bank creating the error.

Step 3: Deactivate and Reactivate Bank Feeds

Deactivate Bank Feeds

  1. Go to List > Chart of Accounts (CTRL+A)
  2. Right-click on the account(s) from the list that causing this error code to you and select Edit Account
  3. Click on Bank Settings
  4. Select Deactivate All Online Services
  5. Click OK
  6. Select Save and Close

Reactivate Bank Feed

  1. Go to List > Chart of Accounts (CTRL+A)
  2. Right-click on the account(s) from the list that causing this error code to you and select Edit Account
  3. Click on Set Up Bank Feeds and then Yes to close all open QuickBooks windows
  4. Next screen prompts you to enter your bank(s) name and click Continue
  5. Now on the next windows enter your bank Username and Password and click Connect
  6. QuickBooks will take some time to pull up your bank account(s), once it found them LINK the account(s) with a respective existing account
  7. Click Next.

For more troubleshooting for QuickBooks Error OL 203 user can visit us on the internet and connect with QuickBooks Helpdesk through email or live chat. Users can also opt for a quick rectification through our QB Helpdesk Number i.e. +1800-871-6508

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