At times, while connecting to your bank or downloading transactions in QuickBooks Desktop you may end up with QuickBooks error OL 301. The error can take place due to several communication issues between the QuickBooks application and your bank. Some of the most apparent reasons behind the error are temporary company file issues or server outages. You must be aware of the possible causes behind the error to resolve this issue. Through this blog, we will guide you with the possible causes and some effective troubleshooting solutions to resolve error code OL 301.
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Possible Reasons That Can Promote QuickBooks Bank Connection Error OL 301
Below we have mentioned some of the common reasons that can bring forth QuickBooks error OL 301:
- You won’t be able to communicate with your bank when the bank website or server is under maintenance.
- When there is any discrepancy between the information provided to the bank and QuickBooks
- There might be data damage or integrity issues in the QuickBooks company file
- The QuickBooks bank feeds error OL-301 persists until the identification is made when your bank is processing your identity confirmation request.
- You might be using an outdated version of the QuickBooks Desktop application.
- The service you are trying to use is inactive and thus, needs to get activated.
- When you enter incorrect login credentials for the bank, QuickBooks Error message OL 301 appears on the screen.
- Your bank is in inactive status.
How To Troubleshoot Intuit QB Error Message Code OL-301?
Follow the resolution methods mentioned below to get rid of QuickBooks Online banking error OL 301:
Solution 1: Create a Test Company File to Determine the Cause of the Error
To create test company files:
- In the first place, go to the File menu and select New Company.
- To proceed further, you have to select the Express Start option.
- Enter all the required information in the Setup window and, finally select Create Company.
If the QuickBooks error OL 301 persists even after applying this procedure, it signifies that there is some failure in establishing a connection to the bank that is causing the error. In that case, you must check whether you have received any notification from the bank if you have installed QuickBooks recently. If not, go to the next troubleshooting procedure.
Solution 2: Refresh Your Bank Connection
When your bank connection is not intact, you may end up with the QuickBooks bank feed error OL 301. To fix this issue, all you need to do is 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
Follow the below-given steps if you want to refresh the networks for all accounts, including those which are inactive or hidden from the Chart of Accounts:
- To begin, go to the List menu and select the Chart of Accounts option.
- Now, go to the bottom of the list and then select the Include inactive option.
- Turn off bank feeds for all the accounts, including those that are inactive, and then turn it on.
- Try the next solution if QuickBooks error OL 301 persists.
Solution 4: Use Verify Rebuild Data Utility
QuickBooks Verify & Rebuild Data utility 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 it has resolved the OL 301 error QuickBooks.
Need Technical Assistance!
We hope the troubleshooting solutions mentioned in this blog would have helped you fix QuickBooks Error OL 301 without any hassle. If you need any further assistance, we suggest you give us a call on our Toll-Free Number +1-855-948-3651. Our experts are available round the clock to assist you with the handiest services.