QuickBooks error OL 301 can take place while connecting to your bank or downloading transactions in QuickBooks Desktop. The error can be promoted due to varied communication issues between the QuickBooks application and your bank. Temporary company file issues or server outages are some of the most apparent reasons behind the error. To resolve this issue, you need to be aware of the possible causes behind the error. By reading this full post, you can get to know about the possible causes behind QuickBooks Error OL 301 and fix them on your own.
“Feeling frustrated due to the Intuit error code OL 301? Dial QuickBooks error support at 1-(855)-856-0042 and get relevant support from certified QuickBooks experts”
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Table of Contents
Possible Reasons That Can Promote QuickBooks Error Code OL 301?
Below are some common possible reasons that can give rise to QuickBooks error OL 301:
- When the bank website or server is under maintenance, you may not be able to communicate with your bank.
- Any discrepancies between the information provided to the bank and QuickBooks
- Data damage or integrity issues in the QuickBooks company file
- When your bank is processing your identity confirmation request, you will keep receiving the error code OL-301 until the identification is made.
- If you are using an outdated version of the QuickBooks Desktop application
- The service you are trying to utilize is in a dormant state and needs to get activated.
- When the login credentials for the bank are not correctly entered, QuickBooks Error message OL 301 can appear on the screen.
- When your bank is in inactive status
- You may receive the QuickBooks bank error OL 301
How To Troubleshoot QuickBooks Bank Connection Error OL 301?
To resolve the QuickBooks Online banking error OL 301, follow the below-given steps in their chronological order:
Solution 1: Create A Test Company File to Determine the Cause Of The Error
To create a test company file:
- Navigate to the File menu and select New Company
- Now select Express Start to proceed further.
- Next, in the Setup window, provide all the essential information and, finally select Create Company.
If you are getting QuickBooks error OL 301 after applying this procedure, it means failure in establishing a connection to the bank is causing the error. Check whether you have received any notification from the bank if you have installed QuickBooks recently. Ig not, you can proceed to the next troubleshooting procedure.
Solution 2: Refresh Your Bank Connection
QuickBooks bank feed error OL 301 can be cited when your bank connection is not intact. To fix this issue, you will simply need to refresh your bank connection by restarting QuickBooks. It can resolve the bank connection error. Now try to download the transactions from your bank if error code OL 301 persists, move to the next solution.
Solution 3: Turn Inactive Bank Feeds On
To refresh the networks for all accounts, including those which are dormant or hidden from the Chart of Accounts, follow the below-given steps:
- Go to the List menu and select Chart of Accounts.
- Now go to the bottom of the list and then and select Include inactive.
- Turn off bank feeds for all the accounts, including those that are inactive and then turn it on.
If QuickBooks error OL 301 persists, try the next solution.
Solution 4: Use Verify RebuildData Utility
QuickBooks Verify & Rebuild Data utilities can help you to find and fix the data integrity issues in the QuickBooks company file. When you run the Verify Data utility, it says, “A data problem prevents QuickBooks from continuing.” Run Rebuild Data utility to repair the damaged data file and check if the QuickBooks error OL 301 is resolved.
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The solutions described in this article can help in resolving QuickBooks not syncing with bank error code OL 301. If you need a professional’s help with the same issue, dial QuickBooks banking support number 1-(855)-856-0042 and talk to an expert. Don’t hesitate to explain the symptoms of QuickBooks error OL- 301 to get the best solution.
Erica Watson is writing about accounting and bookkeeping for over 7+ years, making even the difficult technical topics easy to understand. She is skilled at creating content about popular accounting and tax softwares such as QuickBooks, Sage, Xero, Quicken, etc. Erica’s knowledge of such softwares allows her to create articles and guides that are both informative and easy to follow. Her writing builds trust with readers, thanks to her ability to explain things clearly while showing a real understanding of the industry.