Easy Way to Resolve QuickBooks Error Code OL-334 Easilyby Devil Devis Certified Public Accountant
The Error OL-334 additionally referred to as ‘bank feed error code OL-334’, is encountered while updating bank accounts using online services. The QuickBooks Error OL-334 may also occur while performing banking transactions online and entering an incorrect pin for a transaction beyond the permitted limit. Through this article, you’ll be familiarized with the varied causes resulting in this error and also with the assorted avenues for resolving the error persisting in QuickBooks Desktop.
In this context, it’s highly recommended that you navigate through this article very carefully till the very end. We guarantee you a viable fix to this technical snag. So, let’s proceed ahead!
Causes resulting in QuickBooks Error Code OL-334
Several causes would possibly lead to the QuickBooks Error Code OL-334. These include:
Server issues at your financial institution/Bank.
Poor internet connectivity.
Conforming to an outdated Windows O/S.
QuickBooks Desktop not updated to the most recent version.
Some issues persist with the company file.
Accidental deletion of essential QuickBooks files.
Erroneous configuration of online account in QuickBooks Desktop package.
Invalid login credentials.
Using inactive account.
How to ward off QuickBooks banking error 334?
To fix QuickBooks error 334, you need to implement a number of solutions mentioned in the article below. This will surely facilitate you getting rid of the O.L. error QuickBooks 334. So, follow the steps below sequentially:
Method 1: Configure I.E., Settings (Enable TLS 1.2)
From the Internet Options, you’ll find the TLS and confirm that TLS 1.2 is enabled, and TLS 1.0 is disabled.
To enable TLS 1.2, follow the steps below:
Access the most recent version of, I.E., 11.
Navigate to the Internet Options and click on the ‘Advanced Tab’ option.
Go to ‘security’ and identify the ‘TLS 1.0’.
Use ‘TLS 1.2’.
Uncheck the ‘USE 1.0’ and check ‘USE TLS 1.2.’
Apply all the changes
Reboot the system.
After enabling TLS 1.2, check if the issue got fixed. If it doesn’t, check out the subsequent solution.
Method 2: Perform the Bank feeds deactivation and reactivation process
In this method, we recommend you deactivate and then reactivate the Bank feeds. This is possible through the Chart of Accounts menu within the QuickBooks account.
To deactivate, adopt the subsequent steps:
Identify the list and then click on ‘Chart of Accounts.’
Right-click on the option named account associated with the error.
Click on ‘Edit Account.’
Click on the ‘Bank feed settings’ option.
Select ‘Deactivate all services.’
To reactivate, implement the steps mentioned below:
Discover Chart of Accounts within the list option.
Click on the account linked with QuickBooks error code OL-334, and that click on ‘Edit Account.’
Choose ‘Set up Bank Feeds’ and click on ‘Yes.’
Enter the mandatory details and click on the ‘proceed’ option.
Click on the ‘connect’ option.
The software will display entire bank account details. Explore it and then link it with an existing account.
Click on the ‘Next’ option.
Once you are done reactivating the Bank feeds, log in to the banking website and verify if you still encounter QuickBooks error 334.
Method 3: Creation of a new company file
By creating the new test company in QuickBooks, you can add your bank account to that. Then, you can download the new bank feed transactions. This will help in verifying your bank account.
Proceed to the QuickBooks Company file menu.
Look for the ‘New Company’ tab.
Click on it and select the ‘Express Start’ option.
Now, add the bank account facing the issue.
On the recently created company file, set up the account for bank feeds.
Download the bank feed transactions in order to verify this account.
This is a viable fix for the QuickBooks error 334. Verify if the error got resolved. However, even if it still persists, follow the next solution.
Method 4: Turn off All Accounts with Online Services
To deactivate all accounts with online services, follow the below points:
Select the ‘Chart of Accounts’ option.
Choose the ‘Include Inactive’ checkbox and then click on ‘deactivate Bank Feeds.’
Once the Bank Feeds got deactivated successfully, exit the window.
Again, open the file and set up each account for the Bank feeds.
That’s it! We hope that any of the following methods helped you get rid of the QuickBooks OL 334 error.
The QuickBooks banking error 334 is a frequent connection error that can be fixed by adopting the methods mentioned above.We hope that this article served your purpose and apprised you with all the information you need regarding Error Code 334. For any further assistance, connect to our 24/7 QuickBooks technical support team via 1-800-615-2347.
Created on Apr 28th 2022 05:27. Viewed 92 times.