Common QuickBooks Bank Connection Issues: A Comprehensive Guide

Imagine connecting QuickBooks to your bank to manage accounts when an error interrupts the operation. This error could be any from the Common QuickBooks Bank Connection Issues. The scenario under which they occur may vary per the specific error code. However, it is essential to handle them with caution to avoid financial discrepancies and potential disruptions in business operations. This troubleshooting guide will address common banking issues, their causes, and practical solutions.

However, if you face problems with Common QuickBooks Bank Connection Issues, you can contact us at +1-855-738-2784 for additional assistance.

The Major Causes of Connection Issues as per error code

Each error has several triggers, so before trying to fix it, it is essential to identify the root cause of it. Here’s what you need to know.

Error 101: The last interaction with the bank was a while ago, which is why errors occur.
Error 103: The error is due to incorrect banking login credentials.
Error 106: This error could be due to the possibility that the account is closed.

Effectively Troubleshooting Each Error

Since the cause behind every issue has been identified, addressing effective solutions for each will be more straightforward.

For Error 101:

Open a new tab or use a different browser to enter your bank’s website and check for errors.
Verify whether the account is still active. If there are any funds in the account or if there have been transactions during the last 12 months, then the account is considered active.
Get in touch with the bank directly if you have an active account but cannot log in to the bank’s website.
Check the bank’s website for any missing prompts that require authorization.
After responding to the prompt, return to QuickBooks Online and refresh your account.

For Error 103:

For Existing Bank Connection:

Navigate to Transactions and select Bank Transactions.
Locate the card linked to the account that is causing Error 103.
Select Edit.
Choose Edit sign-in info.
Click Update after entering the updated credentials.

Note: Make sure the browser does not automatically enter the login information.

For New Bank Connection:

Go to Transactions and select Bank Transactions.
Select Add Account.
Put the bank’s URL in the search field.
Select the bank if there are multiple options.
On the bank’s website, enter the sign-in details and click Continue.

Note: Repeat these steps using a different bank name from the list if Error 103 still occurs.

For Error 106:

Review-Disconnect and then Reconnect the account to disconnect the online banking accounts from QuickBooks Online to fix this problem.
From your Downloaded Transactions tab, you can then delete the account.

You may resolve QuickBooks banking issues and resume using the financial system by following these easy steps.

However, if you encounter any difficulties with Common QuickBooks Bank Connection Issues, contact us at +1-855-738-2784. You will receive the necessary guidance and assistance from our dedicated technical team.