If you’ve encountered OL and OLSU Bank Feeds errors while using financial software like QuickBooks, you’re not alone. These errors are common and often result in disrupted online banking services. Fortunately, the issue can be resolved with a few steps. In this blog post, we’ll explain how we fixed OL and OLSU Bank Feeds errors, what caused them, and how you can avoid them in the future.
What Are OL OL Errors and OLSU Bank Feeds Errors?
QuickBooks OL and OLSU errors are errors that usually arise when QuickBooks Desktop is not able to connect with your bank server. The error messages may include codes such as OL-222, OL-232, OLSU-1011, or OLSU-1024.
Why You Want to Correct These Mistakes
OL and OLSU errors may also be the cause your financial transaction won’t download correctly. That means your books are not going to be current there either, and reconciling your bank statements is going to be a pain.
How We Fixed OL and OLSU Bank Feed Errors
Here’s how we fixed OL and OLSU Bank Feeds errors:
Update QuickBooks Desktop.
Today’s troubleshooting was all about making sure QuickBooks Desktop was fully updated. Old software usually doesn’t work well with banks.
Verify Internet Connection and Security Settings
We confirmed that the internet connection was working fine and that security software hadn’t prevented QuickBooks from communicating with the bank’s servers.
Revalidate Bank Credentials
Invalid or outdated login details were re-entered and successfully confirmed with the bank. We had to call up the bank in some instances to ask them to reset or reactivate the online banking service.
Deactivate and Renew Bank Feeds
Deactivating and then reactivating the account for online banking may, for some users, resolve the issue by resetting the connection.
Use QuickBooks File Doctor.
We repair damaged company files that could be resulting in the errors by using the inbuilt QuickBooks File Doctor.
How to stop OL and OLSU Bank Feeds Errors from occurring in the future
In order to prevent making these mistakes again, you should:
Update your QuickBooks software on a regular basis.
Maintain accurate bank login information.
Do not manually adjust your bank feed setup without going through the right steps.
Final Thoughts
It is a frustrating experience to have OL and OLSU errors when you are so dependent on QuickBooks for all daily financial work. But as we have seen, things can be turned around in short order. We were able to resolve OL and OLSU Bank Feeds errors, and full online banking functionality was restored by completing the steps mentioned above.
Read: Quicken Remote Support
