How To Fix QuickBooks Error OL-301
At times, you might end up QuickBooks error OL-301 while downloading or accessing your transactions. You can track your income, expenses, and other expenses without making a double entry by reconciling QuickBooks with your bank or credit card accounts. It will help you detect if there is any discrepancy in your transactions and thus, would provide better insights for your business. In this blog, we have listed the possible causes and the troubleshooting methods to resolve banking error OL-301.
Stuck with Intuit QB Error Message Code OL-301? In that case, give us a call on our Toll-Free Number 1-855-948-3651.
What Are The Possible Causes Behind QuickBooks Error Code OL-301?
You may end up with QuickBooks error OL-301 due to the connection error between the bank and QuickBooks. There are several other reasons as well. We have mentioned some of them below:
1. OL 301 error QuickBooks can occur due to any discrepancies between the information provided to the bank and QuickBooks.
2. You might be using an inactivated service. Thus, you need to activate it.
3. You might have entered incorrect sign-in credentials while trying to get into your online banking.
4. The bank account has an inactive status.
5. QuickBooks bank feeds error OL-301 can occur when the financial institution blocks your account.
6. It can take place due to a corrupt or damaged company file.
7. The bank’s server must be under maintenance that prevents you from getting connected.
How To Fix QuickBooks Bank Connection Error OL 301?
Now that you are aware of all the reasons behind QuickBooks online banking error OL-301, it would be easier for you to resolve it. For that, we have listed the troubleshooting methods:
Step 1: Detect Cause of Error by Creating a Test Company File
By creating a test file, you can dig out if the error is created due to your bank or QuickBooks issue.
1. Firstly, go to the File menu and select New Company> Express Start.
2. Next, provide the Setup window with all the required information and select Create Company.
Perform the above steps and check if the QuickBooks error OL-301 persists or not. If yes, it signifies that there is some erroneous connection from your bank. Therefore, if you install QB recently, check for the security notification you must have received from your financial institution.
Step 2: Perform for All Banking Connections
If resetting the connection to a single account doesn't help, then refresh the networks for all accounts, including dormant or hidden from Chart of Accounts.
1. Firstly, select the Chart of Accounts from the QuickBooks List menu.
2. Then, go to the bottom of the list and select Include inactive.
3. After that, you need to turn off bank feeds for all the accounts, including the inactive ones.
4. Next, if selected, you must turn on bank feeds for all accounts.
Step 3: Check Issues with Your Company Data
Ensure the QuickBooks American express import OL-301 error has taken place due to damaged or corrupted company data. For that, you must download and run the Rebuild tool twice. It will fix all the major issues that you have related to the company data.
Summing It Up
Hopefully, the resolution methods mentioned in this blog would have helped you resolve QuickBooks error OL-301. If the error persists even after applying all the above methods, then we suggest you give us a call on our Toll-Free Number 1-855-948-3651.
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