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How to Fix QuickBooks Error Code OL-301?

How to Fix QuickBooks Error Code OL-301?

Technology
How to Fix QuickBooks Error Code OL-301

When using the direct Connect feature of QuickBooks, the error code OL-301 usually occurs because of a connection problem with the financial institution. In this technical blog post, we’ll cover how to resolve QuickBooks Error OL-301 & its causes. In case you still need expert advice, you can reach out to QuickBooks error support right away.

Get help with Error OL 301 when trying to connect to your bank or download transactions in QuickBooks Desktop.

Your desktop screen may display the following error message:

Why does QuickBooks Error OL 301 occur?

This error code called OL-301 may appear when you frequently use QuickBooks. Well, one of the possible reasons why OL-301 error appears is – a connection problem in the financial institution while using the Direct Connect or a problem with the company file. It is only our intention to provide you with directions for fixing QuickBooks error OL-301 by writing this article.

  • In order to prevent such an error, it is recommended to obtain the bank account information correctly.
  • If the user’s login details don’t match the actual login details.
  • The bank branch blocks the account.
  • There are times when the server of the registered bank is unavailable.
  • The company file is corrupted
  • If you have not completed the know your customer process

The Signs & Symptoms of QuickBooks Error Code OL-301

  • The message showing up on the screen is one of the most common signs
  • Furthermore, if the desktop programs stop working,
  • If the software stops working properly or lags
  • The system freezes after the error appears

How to Fix QuickBooks Error Code OL 301

Initially, you should update QuickBooks to the newer version. Later, you should refresh the branding and profile settings.

Solution 1: Delete Temporary Internet Files

In the event that you do not upgrade QuickBooks to the newest version, you’ll have to proceed with the “Delete Temporary Internet Files” field as shown below:

  • To begin, select “Tools” and then “Online Center”.
  • To choose a financial institution, click on the drop-down arrow that says Financial Institution.
  • Press the “CTRL+Shift” keys simultaneously and then click on the “Contact Info” icon.
  • Choose one of the bank-affiliated accounts from the drop-down list.
  • From the list, select Financial Institution Branding & Profile and then click “Refresh”.
  • By clicking the “OK” icon, you can later go online by choosing “Update/Send”.
  • Last but not least, you must restart the online sessions.

Windows 10:

  • Select the “Control Panel” tab from the “Start” tab.
  • Windows 10’s control panel is located in the Windows System folder under the “Start” menu.
  • Later, click on the “Network and Internet” icon.
  • Click on “Internet Options”.
  • Select “General” icon.
  • Under the browsing history, click “Delete”.
  • Choose “Delete all” tab.
  • After selecting the “Yes” icon, hit the “OK” tab to confirm that you wish to remove this information.

Contact QuickBooks desktop for windows support if you have any issues with the Windows version of QuickBooks.

Windows 10 (Alternate):

In case you cannot locate the Control Panel, follow these steps:

  • Click on the “Start” icon and then choose to open the File Explorer.
  • Open the “Properties” tab by choosing the “C: drive” icon.
  • Click on the “Disk Cleanup” icon.
  • After that, uncheck everything except Temporary Internet Files.
  • Click “OK” again.
  • To complete the process, click on “Delete Files.”.

Solution 2: Manually Resolve Error

  • Make a ‘Test company file’
  • Reset your bank’s connection.
  • All ‘online banking connections’ should be reset.
  • Make sure your company data is accurate.
  • Contact your bank for more information.

Solution3: Reboot QuickBooks Account Connection

  • To begin, select the charts of accounts from the drop-down menu
  • After right-clicking the accurate version, click the edit account button
  • Select the deactivate all online services option under the tab named bank feed settings once you’re done with that
  • By pressing OK, the user saves the settings and closes the tabs
  • Perform the remaining steps to reactivate the report
  • Move the cursor to the bank feeds in direct connection
  • Choose Setup a bank feed first
  • Choose Setup a bank feed for an account now
  • Provide the valid details of your bank account when selecting the bank account
  • Follow all the instructions to complete the process successfully
  • Direct and web connections can both be used to solve the OL-301
  • Log into the online bank account and download the transaction file in .qbo format if there is a web connection
  • Select a location to save the file to
  • Select utilities from the subcategory of the file tab
  • Click on the import icon and select the web connection files
  • You need to open the .qbo file you saved on your computer
  • Select the existing QuickBooks account under the bank account
  • The last step is to click on the OK tab when you see the error message, and QuickBooks will read the data from your web connection

Solution 4: Update QuickBooks Desktop

  • It is possible to fix issues by regularly updating QuickBooks
  • Then launch QuickBooks in the system and click the help button
  • The cursor should be moved to the option that says update QuickBooks
  • Now, check if any updates are available for the software
  • Check if the error has been fixed in QuickBooks

Solution 5: In QuickBooks, search for inactive accounts

  • The first step is to select the chart of accounts from the drop-down menu
  • Then select Show inactive accounts from the accounts menu
  • Click on the edit account button for the inactive account
  • In the bank feed settings menu, tick all the boxes to deactivate all services
  • Click on the ok tab in the confirmation window
  • Verify that the QuickBooks error still exists by restarting the QuickBooks desktop
  • Other inactive accounts should be deactivated

Conclusion

You can contact our QuickBooks online support team at +1-800-986-6821 if the problem persists even after following the above steps.

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