QuickBooks error OL-301 is an online banking error that takes place when you download or try to access your transactions. Reconciling QuickBooks with your bank or credit card accounts can help you to track your income, expenses, and other expenses without making a double entry. It will help you detect any discrepancies that you will come across in your transactions and get better insights for your business. This blog will provide you with some of the effective resolution methods that can help you fix the error code at the earliest.

How to Fix QuickBooks Bank Connection Error OL 301?

Follow the below-given steps to eliminate QuickBooks Error OL-301.

Step 1- Detect Cause of Error by Creating a Test Company File

By making a test file, you can come to know if the error has taken place due to a bank or QuickBooks issue.

• Go to the File menu and select New Company option.
• Now, select Express Start to proceed.
• Provide the Setup window with all the required information and then select Create Company.
• At last, check for the error status.

If Intuit QB Error Message Code OL-301 persists, then it signifies that there is an erroneous connection from your bank. If you have recently installed QuickBooks, then check if you have received any security notification from your financial institution.

Steps 2: Re-establish Connection to Your Bank

If the QuickBooks Error OL-301 still occurs, then you must check your bank connection and reset it if it is not intact. To perform the task, you have to turn off and turn on your bank feed. This action will refresh the QuickBooks connection to your bank.

Step 3: Perform Step 2 for All Banking Connections

If resetting the connection to a single account doesn’t help then refresh the networks for all accounts including those which are dormant or hidden from the Chart of Accounts.

• Open the QuickBooks application and select the Chart of Accounts option.
• After that, go to the bottom of the list and select Include inactive.
• Now, turn off bank feeds for all the accounts including the ones that are inactive.
• Next, turn on bank feeds for all the selected accounts.

If QuickBooks error OL-301 continues to occur, then proceed to the next step.

Step 4: Check Issues with Your Company Data

Before you proceed, make sure to check if the QuickBooks error code OL-301 has taken place due to damaged or corrupted company data. To know, you have to download and run the Rebuild tool twice. It can fix all the major issues related to the company data.

Step 5: Get In Touch With Your Financial Institution:

If none of the above-given steps resolved QuickBooks online banking error OL-301, then you must reach out to your bank immediately. Tell them all your issues related to your account with the QuickBooks Online Banking.

Summing It Up!

We hope the resolution steps mentioned in this blog would have helped you fix QuickBooks Error OL-301 without any hassle. If you are stuck and couldn’t proceed with the given steps, in such a situation, feel free to give us a call on our Toll-Free Number +1(855)-856-0053.