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How to Get Rid of QuickBooks Online Banking Error OL 301

One error that most of the QuickBooks Online users have gone through is QuickBooks Online Banking Error 301 that interrupts user’s connection with the online banking.

One error that most of the QuickBooks Online users have gone through is QuickBooks Online Banking Error 301 that interrupts the user’s connection with the online banking. You might experience difficulties connecting with your financial institution online and even downloading your transactions from the banking website. Error OL 301 is one of the common errors that several QuickBooks users encounter every day however, resolving this error is not a big deal if you know the correct troubleshooting method. In this article we will show you how you can rectify QuickBooks Online Error OL 301 with step by step instructions, so follow the complete article for detailed information.
Need Help Troubleshooting QuickBooks Online OL Errors! Call QuickBooks Online Technical Support Number (844)-888-4666

What Cause QuickBooks Error OL-301

Following are some of the known reasons that cause QuickBooks Online to display error OL-301
  1. There are errors while setting up the bank account with QuickBooks Online or QuickBooks Desktop.
  2. Your bank account is temporarily closed by the bank.
  3. Online banking services are stopped by your bank as your account is in an inactive state.
  4. Incorrect login credentials of your online banking account.
  5. Your bank requires you to verify your identity.
  6. The banking server is not responding.
  7. There is a damage in your QuickBooks Company file.
As you can notice most of the reasons that cause QuickBooks Error OL-301 are related to the banking end and you are required to first verify with your bank if there is any issue going on with their servers. In case if you have already verified the error from your banking end then follow the troubleshooting steps mentioned below for a quick resolution.
NOTE: Once you encounter error OL-301 you might get an error message “{Your financial institution} sent an error message. It might be because your account info changed or they haven't turned on a service, like online bill pay. Find common fixes for this error or give your bank a call at xxx-xxx-XXXX.”

Troubleshooting Step to Resolve Error OL-301 in QuickBooks

Deactivate and Reactivate your Bank Accounts
  1. Deactivate the online services you are using with QuickBooks Online.
  2. Reactivate the QuickBooks Online Services, for this follow the troubleshooting steps mentioned below.
  3. If you are using the Direct Connect method for connecting with your bank then under the Bank Feed Center log in to your account using your PIN or login credentials.
  4. From under the Banking section, select Bank Feeds and then hit Set Up Bank Feed for an account.
  5. Now choose the correct bank from the list and follow the instructions displayed on the screen to complete the task.
  6. If you are using the WebConnect to do online banking in QuickBooks then first download the transaction file .qbo from your banking website and save it on your computer’s desktop.
  7. Click Utilities under the File menu and then select Import and Web Connect Files.
  8. Browse the file and select it from the desktop and click Open.
  9. Select Use an existing QuickBooks account under the Select Bank Account
  10. Now hit OK and if you see Your Web Connect data has been successfully read into QuickBooks the reopen QuickBooks once again and check if you are still getting the same OL-301 error.

IMPORTANT: There is another variation of the online banking error that can cause difficulties connecting with the bank in QuickBooks Online and gives an error code OL-221. If you are also getting this error then follow our article How to Fix QuickBooks Error OL-221 for detailed troubleshooting instructions.

There are possibilities that you might still be facing the OL-301 error while using QuickBooks Online and our suggestion is to call QuickBooks Online Customer Service Number (844)-888-4666 in such situations. Sometimes these OL errors arise because of some less common or unknown reasons and we might need to take a closer look at the error to provide you a complete resolution.
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Comments

  1. qbdataservicesupport13 February 2020 at 12:39

    Backed by a vast experience in the accounting industry and gaining immense popularity in the QuickBooks accounting software I have decided to provide support for immense QuickBooks Error OL-301.

    ReplyDelete

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