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QuickBooks Bank Feeds | Fix QuickBooks Bank Feeds Not Working Issue

Complete-Guide-of-Resolving-QuickBooks-Bank-Feeds-Not-Working-Issue

 

With the amount of attention that QuickBooks has received in recent times, it will become the crowned ruler of financial managers in no time. Credit for it goes to their commitment to ace service. This includes ace customization features, user-friendly UI, lots of budget plans, immediate support, and smooth functioning. It has many useful functions with which you can keep your accounts updated. QuickBooks bank feeds are one of these useful features which we referred to in the last line.

What are the QuickBooks Bank Feeds?

The QuickBooks online bank feeds are an efficient online characteristic that enables you to connect with your financial organization, along with access to download the transactions and utilize other services. It is quite useful since it assists in collaborating expenses and income. This not only includes deposits and withdrawals, it includes the data on credit card transactions and bank data as well.

 

How to Set Up Bank Feeds on QuickBooks Desktop?

This feature comes inbuilt, but it needs to be provided with certain information to start functioning. In this section, we will cover the procedure of setting this up.

quickbooks- banking-tab

  • Launch QuickBooks, then go to Banking and choose the impacted bank account.
  • After this, click on Edit > Edit account Info. the Account box opens. Now you have to scroll till the end, and 
  • Put a check on the “Disconnect this account on save”. Finally, Save and Close the changes.

This feature is quite popular because of its utility. It makes keeping books all the easier. Whether it be a business or a household, perfectly synced data from the bank is necessary. However, this feature is susceptible to a few issues. The QuickBooks bank feeds not working issue is one of them.

 

Also Read: How Can You Use QuickBooks Clean Install Tool for Windows?

 

The process to Change the QuickBooks Desktop Bank Feeds Data

Once you have launched QuickBooks, follow the steps mentioned below.

  • The first step is to switch between the available banking modes.
  • Now go to the QuickBooks Edit menu, and click on the option Preferences.
  • You will find that on the left pane, there is an option Checking. Click on it, then go to the Company Preferences tab.
  • In the Bank Feeds section, opt for the Advanced Mode. This utilizes the Transactions List window to add or verify transactions.
  • Finally, click on OK.

 

 

The process to Deactivate QuickBooks Bank Feeds

This feature has been built for convenience. This goes for the majority, but not for everyone. If you find that the QuickBooks desktop bank feeds feature is not suitable for you, then you can deactivate it. The process would be

  • Launch QuickBooks, then proceed to Lists > Chart of Accounts.
  • After this, you need to right-click the account you want to deactivate.
  • From the pop-up menu, click on Edit Account.
  • Once you reach the Bank Settings tab, click on Deactivate all online services, after this clock OK to confirm your choice.
  • Exit the window by clicking on Save & Close.

 

What is the QuickBooks Bank Feeds Not Working Error?

The QuickBooks desktop bank feeds issue arises when your account fails to retrieve the latest transaction data on its own. In this blog, we will cover the resolutions of the QuickBooks bank feeds not working issue.

 

Causes of QuickBooks Online Bank Feeds Errors

There can be a large number of reasons why errors like these occur. We will outline a few major causes here.

  • The bank uses QuickBooks to stop, and the user has an account within it. This application blocks access to the third-party application from retrieving the bank data.
  • The data required predates the 90 days threshold. We would like to point out that the data of the past 90 days are automatically synced with QuickBooks, hence if the data goes past that time then issues occur.
  • Although the chances are quite slim, it is possible that there is a sync error between the QuickBooks desktop bank feeds and the bank. This is a temporary issue and gets fixed after some time.
  • The bank server that you have fed to QuickBooks is non-functional at that moment in time. The reasons include excess traffic, ongoing maintenance of the server, or crashing of the website due to bugs.

 

Time to Solve the QuickBooks Bank Feeds Not Working Issue

We have now provided ample data about the QuickBooks online bank feeds feature. But it sometimes malfunctions. Let us provide a way to resolve this issue.

 

Method 1: Clear out the Cache

  • Visit the website of the bank where you have opened up your QuickBooks connected account.
  • Login using the correct credentials. Please ensure that you enter the correct details
  • Now you need to look for the transitions, and also check if there are any pending alert notifications. If there are any notifications, then deal with them accordingly and proceed.
  • Once done, log out of your profile. Now you should also clear the browser history and cache.
  • Exit the browser once done with all these steps.

 

Method 2: Reconnect the Problematic Bank Account

Part one, Disconnecting the account

  • First, you need to launch QuickBooks, and then reach for the Banking tab.
  • Now you need to opt for the problematic Bank account.
  • Click Edit, and then go to the option Edit Account Information.
  • Now go to the Account Box, then click on Disconnect this Account > Save
  • Close the window once you are done saving the updates.

Part two, Reconnecting the account

  • To proceed, visit the bank’s website again and log in with your ID and Password.
  • In the next window, go to the address bar and press Ctrl + C.
  • Launch QuickBooks, then go to the Banking Tab.
  • Click on Add Account, and put the cursor on the blank field that asks for your account. In that area, press Ctrl + V.
  • Now tap on the Enter button.

 

Also Read: Fix QuickBooks Error H303 by Using the Best Measures

 

Method 3: Update your Login Details of the Bank

This issue comes to light when you update the login details of your bank account, but forget to update it on QuickBooks. This leads to the discrepancy, and ultimately the QuickBooks bank feeds not working error. To resolve this.

  • Launch QuickBooks on your Computer.
  • Now go to the Banking Tab, and select the problematic bank account.
  • After reaching out to the affected bank account, find the Edit option.
  • Click on the Edit Sign-In information button. Now you can update your login ID and Password.
  • Once done, click on the Update Sign-In information button.
  • You will get the pop-up that reads “Credentials have been updated successfully”.
  • Finally, click on the “I Am Done” option to end the process.

 

To sum it all up, the QuickBooks bank feeds are an immensely useful feature that adds a new dimension of convenience to financial management. We have provided you with all relevant data regarding the process to set up bank feeds in QuickBooks desktop, modification, and deactivation of the aforementioned feature. We have also covered the issue of QuickBooks bank feeds not working. If you are looking for more information on QuickBooks, feel free to check out our blogs. Our experts have covered useful topics that make your work easier.