Resolve Bank Account Issue: QuickBooks Error 103

 

QuickBooks Error 103

Rather than entering bank details manually, you are trying to connect a bank account with QuickBooks desktop. But you aren't able to do that and end up with an error 103 on your screen. Let's get familiar with this error and why it appeared.

QuickBooks error 103 encounters your screen when your entered credentials in QuickBooks don't match with what your bank has. It can happen when you have entered your credentials incorrectly or are using an outdated version of  QuickBooks.

In case you are not able to understand this guide, but solving bank account issues is necessary, dial 1-855-856-0042. And get instant guidance from the QuickBooks experts itself

Know Why Error Code 103 Appeared in QuickBook

After seeing error code 103, you must try to fix it. But before moving to the solutions, you must ask why this error occurred. Here’s why error 103 appeared:

  1. You have entered the wrong credentials while connecting to your bank account for the first time. 
  2. If you are already connected but updated the bank credentials but forgot to update your QuickBooks. 
  3. The selected financial Institution is incorrect. 

Troubleshooting Solutions to Fix Error 103 in QuickBooks

You must be making many efforts to fix QuickBooks bank error 103 in. To help you in the same, we are here with solutions to this issue. Let’s move to these solutions: 
Before you follow the below-mentioned troubleshooting steps, make sure your QuickBooks is updated to its latest version:

Solution 1: Confirm Your Credentials are Incorrect

To confirm your have entered your credentials correctly:
  1. Go to a very fresh tab and open the official website of the bank you are using. 
  2. Now, check the website address and make a note on it. 
  3. To check your credentials sign in, in your bank with user id and password. 
  4. If you have successfully signed in, the entered credentials are correct. But in case your entered credentials are shown incorrect then you need to restore your password. 
  5. To recreate your password, tap on the forgotten password and follow the bank guidelines. 
  6. Once it’s done make use of your user id and password and try again to link your bank account with QuickBooks. And you are good to go.

Solution 2:  Enter Your Bank Sign-in Info in QuickBooks Correctly

If you already have an existing account and are not able to link your bank account, we would suggest you update QuickBooks.

For a new connection:

  1. Click Bookkeeping, then Transaction, and again from the drop-down menu, go to Banking.  
  2. Here, make sure whether you are a new connection.
  3. In the search field, enter your bank’s official name and select your bank from the list shown. 
  4. But, if there are multiple bank options on the same name, select the type of account, like a business account, and set ‘Business.’ 
  5. Now the credential fill-up can auto-fill; if that happens, clear the already entered details and add them manually.  
  6. Now make sure you enter the correct details and tap on continue. 
  7. And you have completed the process to connect your bank with QuickBooks.
Have you followed the complete guide on troubleshooting solutions to fix QuickBooks Error 103 but still have some queries. To get guidance and discuss these queries with experts, give us a call on 1-855-856-0042.

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