QuickBooks has a web-based accounting system which is one of its best features. This function aids the user in tracking his/her finances. But this feature is prone to various OL and OLSU Bank feeds errors in QuickBooks. These include Error codes OLSU-1013, OLSU-1016, OL-203, OL-205, OL-209, OL-221, OL-231, OL-332, OL-334, OL-392, OL-232, and OL-249.
What causes QuickBooks bank feeds errors?· In case there is any issue with the bank
· If the user is having pending alerts on the online bank account that is to be acknowledged.
· Or the bank changed their service offering to web or direct connects.
· The user is having an inactive bank account in QuickBooks, especially the one having online banking.
· The bank’s information isn’t updated on the financial institution’s directory in QuickBooks.
· Also, if there is any issue with the servers.
· This error could happen if the user has set up a version of QuickBooks that isn't supported or if there is a problem with the internet link.
· Error in the company bank accounts.
· If the user is using an old version of Internet Explorer or if the bank file isn't compatible with QuickBooks, the user may face bank feeds errors.
Important pointers·
The user needs to download the most recent version of Internet Explorer.
·
Check to see if the firewall isn't preventing access to QuickBooks.
·
Another crucial factor is making sure you can access the bank's website
without using QuickBooks.
·
It is advised to match any downloaded transactions that are still pending.
·
It's also essential to backup the company file.