QuickBooks Error Code OL 203 (When Updating Bank Feeds) QuickBooks Error Code OL 203 occurs when you’re updating your accounts to download the brand new bank transactions into QuickBooks software. The reason behind error code OL-203 may be the temporary bank server outage or company file having data integrity issues. In this post, we’ll discuss its causes to get them fixed permanently. Also, the occurrence with this error code since your bank may require you to confirm your identity in order to access online services in QuickBooks desktop. To solve QuickBooks Error Code OL 203 then Contact our Proadvisors. Causes for QuickBooks Error Code OL-203 Bank website or servers are on the maintenance mode Company file having data integrity issues QuickBooks desktop needs to be updated Activities to do before fixing this error code A. Make a backup for the company files 1. Open QuickBooks Desktop 2. Go to File > Back Up Company > Create Local Backup 3. Now follow onscreen instructions to generate a backup B. Update QuickBooks Desktop Open QuickBooks Desktop Head to Help > Update QuickBooks Desktop… Select Update Now tab from the top and click Get Updates Once Update is complete, click on Close Quick Note: Process to repair this error code may complex, you can easily consult with our experts when it comes to quick resolution. Leave us your message and we’ll contact you. 5 basic steps to correct QuickBooks Error Code OL 203 Step one: speak to your bank or standard bank We recommend you, contact your financial institution first because there could possibly be a possibility that they’re making some changes onto their server(s) or website(s) and therefore might be the reason for having this trouble in QuickBooks desktop. If they’re running with some issues please watch for 24-48 hours or if they’re not please proceed further with all the below troubleshooting steps. Step Two: Enable Security Protocol TLS 1.2 Press Windows+R keys together to open Run command Then type Control and then click OK Select Network and Internet > Internet Options Go through the Advanced tab Scroll the cursor into the Security section Make certain Use TLS 1.2 is checked and make use of TLS 1.0 is unchecked Now click Apply and OK Step three: Deactivate and Reactivate Bank Feeds Deactivate Bank Feeds Go to List > Chart of Accounts (CTRL+A) Right-click on the account(s) through the list that causing this error code for you and select Edit Account Click on Bank Settings Select Deactivate All Online Services Click OK Select Save and Close Reactivate Bank Feed Head to List > Chart of Accounts (CTRL+A) Right-click on the account(s) through the list that causing this error code to you and choose Edit Account Click on Set Up Bank Feeds… and then Yes to close all open QuickBooks windows Next screen prompts one to enter your bank(s) name and then click Continue Now in the next windows enter your bank Username and Password and click Connect QuickBooks will require some time to pull up your bank account(s), once it found them LINK the account(s) with a respective existing account Click Next Step 4: Run Verify and Rebuild Utilities Run Verify Utilities Open QuickBooks Desktop Go to File > Utilities > Verify Data Click OK to shut all open windows If QuickBooks does not detect any difficulty with your data click OK If QuickBooks found some issues with important computer data click on Rebuild Run Rebuild Utilities 1. Go to File > Utilities > Rebuild Data 2. Click OK after which Save to create a backup 3. Once rebuild has completed click on View Results 4. If you found 0 issues please proceed further with the below steps 5. If you found any difficulties with important computer data, you can easily speak with our experts. After following the above 4 steps if you’re still facing QuickBooks error code OL-203, please proceed further with the below-troubleshooting step. Step 5: Create a Test Company File The reason to produce a new test file is to find if the issue is along with your bank or an organization file. To produce a brand new company file proceed with the below steps: Head to File > New Company Click Start Setup and Skip Now go into the required information and click Create Company QuickBooks might take some time for creating a brand new company file Once You’re All Set! Click on Begin Working Now add your money in the test file When you can download the bank transactions After creating a new test file if you can download the lender transactions this means that the primary company file might have some issues, please contact our specialists in order to do more troubleshooting. If you can’t download the lender transactions After creating a unique test file if the same issue still exists this means your bank needs your confirmation to verify your identity or they’re making some changes to their server(s) or website(s). For the reason that situation, you'll want to contact your bank and speak with their QuickBooks experts team. After following all of the above steps you’ll no further face QuickBooks error code OL-203 but in the event it still exists please consult with our experts or let us contact you.
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