Rectifying OL and OLSU Bank Feeds Errors in QuickBooks Desktop

  • 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.

    • The user must ensure that QuickBooks is running on the most recent version; if not, consider updating it.

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