Intuit rolled out the super-efficient and amazing QuickBooks accounting software in 1983. Ever since its launch, it has become the “hot ticket” software for accountants, bookkeepers, and businesses in every nook and corner of the world.
And the buzzing popularity of this flexible accounting software is absolutely worth it to the core. It is packed with the most exciting accounting tools and features that you can rarely find in any other accounting software. An outstanding feature of the QuickBooks online software that is a one-off is its “online banking” functions.
With the banking feature of QuickBooks online, you can link your bank account, credit cards, and any other bank details to the accounting software. After your bank’s documents are linked to the QuickBooks accounting software, the accounting program will record all the transactions conducted through the linked bank accounts automatically.
However, unfortunately, every feature of QuickBooks online feature inevitably comes with tricky error codes. While using the online banking feature in the QuickBooks accounting program, you may come across the QB banking error “103”.
Let’s take a look into the issues that you will face because of this QuickBooks banking error and how can you tackle this QB error code easily.
Brief Explanation Of The QuickBooks Software Banking Glitch “QB Error Code 103”
This specific QB banking error code may be encountered if the login credentials of your bank account are incorrect. You may have inserted the wrong sign-in details while accessing your bank account through the QuickBooks software. As a result of it, you are hindered from getting access to your bank account.
To solve this glitch, you must update and alter the login credentials of your bank account. But, many times, the issue may get complicated and you need to apply advanced troubleshooting methods to correctly rectify the QB bank error problem.
In this guide, the certified accounting professionals from Accounting Assist 24 have listed the most efficacious solutions to troubleshoot the QuickBooks software banking error. But, before getting to the QB error solution, we will discuss the problems that give rise to this QuickBooks banking glitch.
Persuading Factors Responsible For Causing The QBO Bank Issue “QB Error 103”
- The cookies necessary to access and open the website of your financial institution are lacking.
- The Windows Package File .msi has certain issues and glitches.
- Incorrect configuration of settings of the system’s default search browser (Internet Explorer).
Practical Solutions To Troubleshoot QuickBooks Software Bank Glitch “QB Error Code 103”
1. Double-Check The Login Credentials To Access Your Bank Account
- When QuickBooks Online banking errors invade your accounting software, it pops up an error message on the screen. On the message window of this specific QB banking error, tap on the option to verify bank log-in credentials.
- On doing this, you will be directed to a sign-in window of your bank account.
- In the sign-in window of your bank account, you need to type in your username and password without any automation. To disable automatic fill-up in the bank account sign-in page, switch off the “AutoFill” option in Internet Explorer.
- After successfully accessing your bank account, log out of it and go back to the QuickBooks online accounting program.
- Now, access your bank account through the QuickBooks online software by inserting the correct bank account log-in credentials.
- If you could access your bank account through the QuickBooks software, tap on the “Update Sig-In Details” option.
- In case you are failing to access your bank account through the QuickBooks online program, proceed to the next troubleshooting solution.
2. Alter The Log In Details Of Your Bank Account In The QB Accounting Software
- Run the QuickBooks online accounting program in your system and then choose the Banking option.
- You will find a pencil symbol in the Banking window that allows you to alter the details of your bank account.
- Press the pencil (Edit) symbol and proceed ahead to change the login credentials of your bank account.
- Upon selecting the “Edit Bank Sign-In” details, you will take taken to the official website of your financial institution.
- Now, insert and update the sign-in credentials of your bank account to solve the QuickBooks banking error.
3. Set Up New Bank Accounts For The Latest Bank Connections
- Run the QuickBooks online accounting software on your system and head over to the Transactions button.
- From the Transactions menu in the QuickBooks accounting software, tap on the Banking option to proceed ahead.
- When the window of QuickBooks banking appears on your screen, select the option to “Add Account.”
- On the search dialogue box of the QuickBooks banking window, copy and paste the website URL of your financial institution.
- A list of bank account log-in options will appear on your screen from where you will choose “New Bank Connect With Different Login” details.
- Now, enter the login credentials of your official bank account without auto-fill.
- In the next step, you must link the new bank account to your QuickBooks software account by selecting the “Connect” option.
4. Remove Existing Bank Account Links From The QuickBooks Online Software
After adding a new bank account to the QuickBooks online software, de-link all the other previous bank accounts from the accounting software with the help of these steps –
- Run the QuickBooks online accounting software on your system and head over to the Transactions button.
- From the Transactions menu in the QuickBooks accounting software, tap on the Banking option to proceed ahead.
- Now, you must decide whether you want to close or disconnect the previous bank accounts.
- In the next step, press the pencil (Edit) symbol and proceed ahead to disconnect or stop your previous bank accounts.
- Lastly, choose the option to stop or disconnect the previous bank accounts from the QuickBooks accounting software and then tap on Save.
5. De-Link And Connect Your Bank Account Again To The QuickBooks Accounting Software
- Run the QuickBooks online accounting software on your system and head over to the Transactions button.
- From the Transactions menu in the QuickBooks accounting software, tap on the Banking option to proceed ahead.
- In the next step, press the pencil (Edit) symbol and proceed ahead to disconnect your bank account.
- Choose the option to disconnect the bank account from the QuickBooks accounting software and then tap on Save.
- Once you have de-linked your bank account from the QuickBooks accounting software, proceed ahead to connect the bank account again.
- On the Banking option in the QuickBooks software, tap on the “Add Account” option.
- Carefully insert the login credentials of your bank account and next tap on “Continue.”
- After selecting the “Securely Connect” button, head over to the “Bank” option to add the bank account.
- Select your bank account and account type (credit card or bank account) in the next window.
- In the last step, tap on the “Add New” and then on the “Connect” option to conclude the QuickBooks bank error troubleshooting.
6. Wipe Off Redundant Files From Your System
- From the Windows Start option, tap on the Windows and R keys to get to the Run window.
- Now, on the search dialogue box of Windows Run, enter and search for “cleanmgr” with the file extension .exe.
- Click on the OK button to get access to the Windows Disk Cleanup tool.
- On the Windows Disk Cleanup program, choose the option to “Erase junk files.”
- Tap on Ok and you will be directed to the files saved in your system.
- Choose the redundant files you want to wipe off from your system and tap on OK.
- Tap the option to Delete to do away with junk and redundant system files.
Connect With Accounting Assist 24 For More Expert Assistance
Get in touch with our certified and proficient QuickBooks experts to troubleshoot the “QuickBooks Online Banking Error Code 103”. Our QuickBooks professionals will help you get rid of the QB banking error in the shortest time with the help of advanced troubleshooting steps.
Book an appointment with our team of QuickBooks experts at Accounting Assist24
Frequently Asked Questions
1. How do I check if my business bank account is successfully connected to the QuickBooks account?
To confirm the successful connection of your bank account to the QuickBooks software account, look for the tile of your financial institution on the top section of the accounting program. If the bank account tile is not present, your bank account has been successfully linked to the QuickBooks online program.
2. How do I allow bank feeds of my connected bank account in QuickBooks online?
- Go to the Banking option in the QuickBooks online software and then select your bank account.
- After choosing your connected bank account in QuickBooks Online, tap on the Update option.
- Now, insert the login credentials of your bank account correctly to enable live feeds.
- In the last step, tap on Continue Update to successfully allow live feeds of your connected bank account.
Comments are closed.