Fix QuickBooks Error Code 102

QuickBooks is known for its great efficiency in handling accounts-related services. It has its reputation because of the assortment of functions it offers to make accounting easy and reliable. However, sometimes errors occur and hinder the working of the program for good. These errors, i.e. QuickBooks error 102, can be handled without much hassle. The accounting Errors help the team to resolve this error in this article.

At times when you try to access your bank’s website or payrolls, an error pops up on your computer screen, which reads something like this: ‘Error 102: Can’t access the bank website. Contact customer care.’

Signs and symptoms of QuickBooks Banking Error 102

The signs listed below will help you figure out whether QuickBooks banking problem 102 has occurred:

• The computer’s response to mouse and keyboard inputs is sluggish.
• Occasionally, the system will crash.
• The blue screen of death may appear in front of your eyes.
• One of the possible signs for this error is a problem with startup or shutdown.
• Indicator of program lock-ups.
• During the installation procedure, several obstacles need to be overcome.

QuickBooks Error 102 can be recognized if you have certain technical difficulties while working with QB.

Similar Issue: QuickBooks Online Error 101

Resolving QuickBooks Error Code 102

There are several methods through which this issue can be resolved easily. We will follow a few of them to troubleshoot this issue in the right manner. Follow them one by one as only one could be enough for the issue:

Solution 1: Update Data Online

See other steps below to resolve QuickBooks error 102:

• Using the website URL provided by the bank, see if it is possible to log in there.
• Once you have logged in, carry on your activity to see if any kind of error appears on the screen.
• The account’s History, Transaction, and Summary should be without any missing or corrupt data.
• Wait for one day before proceeding to the next option. Sometimes the error occurs because you are a new customer to the Bank/Credit Card Company. It takes them time to update your data online.
• Once you ensure that there is no problem with the bank’s side. Try to update your QuickBooks Desktop.
• If the issue is still not resolved. Contact your Bank or Credit Card Company.

Solution 2: Manually Update your bank connection 

Don’t fret, when you encounter this banking error. One more thing to keep in mind: these troubleshooting steps will not provide you with an instant result; Error 102 is usually resolved within 24 hours. You can update the online bank connection in QuickBooks manually throughout this period.

A. Manual Updates

Some accounts necessitate manual updates; if this is the case, you will be informed during the connection interview. The majority of accounts should be able to receive updates automatically. You may need to manually update if you aren’t seeing today’s information after an automatic update.

If the bank connection does not update automatically then below are the steps to update manually:

• From the left menu, go to the Banking section 
• Next, click to clear unwanted accounts, if you want to update only some of your accounts 
• And then select the option “Update Now”
• Enter the Multi-Factor Authentication (MFA) details, if asked, and then to update, click “Continue”.

B. Verify the exact time of the update with the help of the below steps:

• From the left side menu, select the Banking section 
• On the top right corner, press the update button 
• At last, you can see the date/time of the last update listed within the last updated column. 

Solution 3: Verify your Login information

Check that you can access your bank’s website using the URL provided by the bank for online banking. If you can’t connect to your bank, see the procedures below to add your bank accounts to QuickBooks and download and debug transactions: It’s possible that you won’t be able to join your bank.

Steps to connect your bank accounts in QuickBooks

• From the left menu, select the Banking tab 
• Search the name of your financial institution, if you haven’t linked to any bank before 
• In case, you previously linked to a bank then choose the option “Add Account” at the top right corner 
• After that, look for the names of your financial institutions 
• From the list, select an appropriate “Financial Institution”
• Enter the User ID or Login ID and then the password for the Financial Institution and then select “Continue”
• Complete all the additional security verification steps, if your financial institution needs them, and then select the option “Connect Securely” 
• Choose the bank symbol to the left of the account that you want to connect
• From the account type drop-down menu, select the bank type or credit card account 
• Make sure you either choose a bank account or a credit card account 
• If you don’t have an account then you can add +New to create a new account 
• Now, QuickBooks download online transactions over the last 90 days, when you first join your account
• It will automatically download the banking and credit card transactions overnight for a short period, you need a short date range
• Once you click “Connect”, it takes a few minutes to connect 
• After the download is successfully done then you’ll be taken back to the banking page 
• The review tab includes the transactions downloaded from the Financial Institution which you can easily review, classify, and then accept the QuickBooks.

Solution 4: Check your Bank or Credit Card’s website

Go to the bank’s and credit card’s websites to see whether everything is fine on their end, or if there are any updates on the maintenance or any issues they are experiencing.

• To begin, open your browser and go to the website of your bank or credit card. If you are unable to sign in, contact your bank or credit card issuer immediately; they will assist you in finding a solution.
• Look for messages, notifications, or alerts on the official bank website. These may assist you in determining whether the problem is due to a bank or QuickBooks issue.
• Examine your account pages, transaction history, and account history. If you can’t view them, it’s likely due to a problem with your internet connection.

Solution 5: Wait for the Bank Action

You can also wait a day for the bank; they may be trying to problems related to the server. Give your bank at least 24 hours before you make another attempt to download your transactions. 

Solution 6: Make sure that your account is not new to the bank

This issue can also occur if your bank account or credit card is new to them. To see if this is a problem, contact the bank or credit card provider with which you have an account.

Conclusion

If you need any help regarding the solutions, or if you are facing any other QuickBooks-related problem, you can call our QuickBooks experts team. They have an excellent QuickBooks helpdesk consisting of talented experts who have been serving in the industry for years.

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