QuickBooks Online error code 101 is a banking error triggered when you use Bank feeds or try to connect QuickBooks to your online bank account. The error can get triggered due to various reasons and thus have various solutions as well. One of the reasons can be an outdated QuickBooks application, so make sure you are using the latest released version of QuickBooks. Other causes and the solutions to the error are elaborated below in this article. Read the complete article to know more.
Banking errors can sometimes be frustrating. If you require any help with the troubleshooting, dial 1-855-856-0042 and get technical assistance from a QuickBooks Professional.
What causes QuickBooks Bank Connection Error 101?
The error can get triggered due to various reasons based on the basic element used in QuickBooks. The causes of the error are listed below:
1. Incorrect Internet Explorer Settings.
2. The Downloaded bank file is incompatible with QuickBooks.
3. Issues with the bank connection.
How to Fix QuickBooks bank connection error 101
First, you will need to check what’s causing the error. Create a test company file to check if the error was triggered due to the company file or the bank’s server. If you see the error after downloading your transaction in a test company file, it means the error is caused due to issues with the bank server. Other solutions for the error are listed below:Check TLS settings in your Internet Explorer
The incorrect TLS settings can trigger the error. You need to check and modify your TLS settings to fix the error. Follow the steps provided below to check your TLS settings:1. You need to open Internet Explorer and select the Tools menu.
2. Choose Internet options.
3. Then click Advanced.
4. Under the security section, check if TLS 1.2 checkbox is selected. Make sure the checkbox is check-marked.
5. Then click OK.
6. After that, close all applications and restart the system.
Refresh Connection with the Bank
If you have any inactive bank accounts, turn off the online banking and then refresh your bank connection for the bank account affected by the error. The steps to refresh the connection are listed below:1. You need to right-click the inactive account and then click Edit Account.
2. Select the Bank Feeds Settings tab.
3. Click Deactivate All Online Services and then select OK.
4. Then choose Save and close.
5. After that, reopen your company file.
Conclusion:
This article aims to explain the causes and the solutions to the QuickBooks Online error code 101. The solutions elaborated above include refreshing the connection with the bank and checking the TLS settings in Internet Explorer. If the error is not fixed yet, check whether the downloaded bank file is compatible with QuickBooks. If the error remained unresolved, dial 1-855-856-0042 and get help from a QuickBooks Expert.
