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How to Fix QuickBooks Banking Error 102?

How to Fix QuickBooks Banking Error 102?

QuickBooks, the world’s leading accounting software is instrumental in putting small and mid-sized business owners, entrepreneurs and accountants close to their business goals. Though it’s an innovative software, it’s not entirely free from errors. One error that as a user you may receive is “QuickBooks Banking Error 102”.

This error may occur when your bank’s website has some technical glitches, website maintenance is going on, or a server has some issue in transferring data between website of the bank and QBO. If you are facing this error, these following tips may help you. If you want quick resolution of any QuickBooks Issue then you can contact our QuickBooks error support team that remains active 24/7. Give us a call at +1-844-499-6700, and get answers to all your queries immediately.

See Also: How to Fix QuickBooks Web Connector Error QBWC1085?

What is QuickBooks Banking Error 102?

QuickBooks banking error 102 is basically an error that can be seen when there is an issue in connecting to the bank’s website or if the bank’s server is undergoing some maintenance. Such an error further prevents QuickBooks from downloading or uploading transactions and can further be seen when you try to connect to the bank account from within QuickBooks. When such an error occurs, it displays a warning message on the screen stating: Online banking connection has been interrupted. It can be a bit annoying for the user to tackle. Thus, here in this article, we have tried to dig in the complete information related to the banking error 102.

What leads to QuickBooks banking error 102?

There are a couple of reasons triggering this banking error in QuickBooks. This include:

  • Issues in connecting to the internet.
  • Furthermore, any failure of the network equipment can trigger such an error.
  • Not just that, bank website undergoing maintenance can trigger such issue.
  • You can further experience similar issue if you are using outdated version of QuickBooks.
  • Or if the login credentials you entered in QuickBooks doesn’t match the information provided by the bank.

You can’t skip this: How to Fix QuickBooks Error Code 6123, 0?

Steps to Resolve QuickBooks Error code 102?

Here are some suggestions to resolve the banking error 102.

Tip 1: Check if Your QuickBooks Online Requires Account Updates

If there is no maintains sign on your bank’s or credit card’s site or any other issue you can find out, you should manually update your account details in QuickBooks Online. There will be an update button at the top right-hand corner. Click the button and it will provide you with more information with updates. You should try to run at least three manual updates at the hours that aren’t supposed to be busy for the bank website.

Manual updates:

Not all accounts are automatic. Some may demand manual updates. In such a case, you will be informed in connection interview. While, in case of an auto update, if you don’t see the current days details after an auto update, you will have to update your information manually.

  • Go to the “Menu” at the left corner of your screen and select “Banking.
  • Select “clear unwanted accounts” if you wish to update only selected accounts.
  • Choose “Update now.
  • Provide your “MFA (Multi-factor Authentication)” upon being prompted and select “Continue” to update the details.

One manual update will have you covered for 90 days. A new listing mentioned in those 90 days will be downloaded. Doing this will ensure that even if you require to leave the days between updates, despite you will get the most updated information even if your account is connected to your bank account.

Read Also: What is the Best Ways to Fix QuickBooks Error QBW32.exe?

Tip 2: Check if your Account Details are Accurate

Try to login to your bank’s account using the URL provided by your bank with online banking. In case you fail to connect to your bank, follow the given six steps. Check out the below mention details adding your bank accounts to download and fix transactions in QB Online – The banking error 102 might be caused because you are not able to connect to your bank.

Steps to connect to your bank account in QBO

Here is how you can connect to your bank Account in QuickBooks Online:

  • Go to the “Menu” at the left corner and select “Banking.
  • In case you are linking to a bank for the first time, go to “Search” and see if the name of your bank is there.
  • If you are already linked to a bank, click “Add Account” and find the name of your bank.
  • Choose your bank from the list.
  • For the website of your bank, put in your “User ID/Login ID” and Password
  • Click “Continue”.
  • If needed by your bank, furnish the added security verification steps, and click “Connect securely”.
  • Click on the symbol of the bank to the left of your account to connect it and from drop-down menu, select your bank type or credit card account. In case you do not have an existing account, you will find an option “Add + new” to make a new account.
  • After you join your account for the first time, QuickBooks software will download online transactions for last 90 days and also your banking and cc transactions overnight. Transactions can also be downloaded for less number of days.
  • Select “Connect”. It may take a couple of minutes or longer.
  • Once the download is complete, you will automatically go back to the banking page. Next, the “Review” tab will consist of transactions that were downloaded from your bank or financial institution. You can review, classify and accept the transaction in QuickBooks.

In case your bank is not listed, or you fail to connect or the data you require in older than 90 days, you will have contact your bank or download transaction from the site of your bank and then upload them to your QuickBooks.

Tip 3: Read all Account Information or Notifications

If you can login successfully, read messages, notifications or warning that you may have received from your bank. This may tell you what is not working properly. Furthermore, you should able to check your account summary, history, and transactions with ease.

Also see: Ways to troubleshoot QuickBooks error 6177

Tip 4: Let the bank take action

In case you are still receiving the error, you should wait for your bank to work on it. They may be trying to fix any probable issue with your server. Give your bank at least 24 hours to work on it.

Tip 5: Check if Your Account is New to the Bank

You may also get the banking error if you have recently opened your account, or that is new to the bank or credit card. Please note that some new accounts do not function with online banking. In this case, you should contact your bank/credit card provider for more details.

Tip 6: Set it to Update Itself Automatically

In case QuickBooks fails to update from a bank account, then it will try to perform the same update five additional times throughout the next five hours. You can monitor the updates using the steps below:

  • Access banking from the left sidebar.
  • After that, look for the option to update in the upper right corner.
  • You will then see the last updated time and date.
  • Now, perform a manual update.
  • Followed by, access banking again.
  • To only update the accounts you wish to, select clear unwanted accounts.
  • Select now available update option.
  • And further, enter your MFA info and head to the software upgrade by clicking on the continue tab.
  • For the next 90 days, you can count on your updates to be complete.

You may also read: How to Fix QuickBooks Error 1904?

Winding Up

If the error still exists, you can call our round the clock available QuickBooks online support team at +1-844-499-6700 and speak to our experts. We will fix the QuickBooks banking error 102 as well as any other QB related issue for you in the least possible time.

 

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FAQs Related to QuickBooks banking error 102

What is error 102 in QuickBooks?

QuickBooks banking error 102 indicates that there is some issue with the bank website, either it is a maintenance issue or some connectivity error. The server can have issues when transferring data between the bank and QBO application.

How do I fix a bank error in QuickBooks?

To fix a banking error in QuickBooks:
1. Go to bookkeeping and select transactions.
2. Choose bank transactions and select the title for the bank account.
3. You now have to choose edit icon.
4. And further select edit sign-in info.
5. Further, update your info when needed.

How do I fix error 102 in QuickBooks?

You can fix 102 error in QuickBooks by either manually updating the bank connection or by checking bank or credit card’s website and check if everything is working fine.

How to Fix QuickBooks Online Error 101 – Banking Connection Issue (Error 101)?

How to Fix QuickBooks Online Error 101 – Banking Connection Issue (Error 101)?

Experiencing QuickBooks online error 101? Well, this segment shares the quick fixes to this error, along with the factors that can trigger this issue. Talking about QuickBooks online error 101, it is a scripting error that often appears when windows is unable to complete the command required to run web-based applications. Windows applications such as .Net Framework, Java, and Flash should work properly for QuickBooks Online to function properly. Issues with these Windows components may impact QuickBooks Desktop and Online Service Center can lead to errors like QuickBooks Online Error 101.

If you receive this error, you may not be able to link your bank account or import banking transactions to QuickBooks Online. So, let’s proceed without wasting any time and learn “how to resolve QuickBooks online Error 101”. However, if you need any sort of technical guidance, then you can simply reach out to our team of professionals at +1-844-499-6700, and we will provide you with immediate support and guidance.

Also Read: QuickBooks Desktop 2024 Download, Pricing, and Features

What are the factors causing QuickBooks banking error 101?

The below factors can trigger such an error in QuickBooks.

  • In case the windows fail to run Flash, Java, .Net Framework, and ActiveX, then it can result in QuickBooks Error 101.
  • Or if the internet explorer settings are misconfigured, then they can restrict QuickBooks from connecting with the internet.
  • Outdated or blocked Windows components like Microsoft .Net Framework and ActiveX Controls hampers the display function in QuickBooks Online which further leads to QuickBooks Bank Feed Error 101.
  • Disabled Script Debugging can also cause a similar issue

Read Also: How to Solve QuickBooks Banking Error Code 105?

Solutions to Resolve QuickBooks Online Error 101

The following are enlisting steps to troubleshoot the QuickBooks online error 101. The QB users recommended following the resolution steps to fix this error code. However, you can take help from QuickBooks online support team to save your time and efforts.

Solution 1:

  • Go to the left menu, hit onto the “Banking” tab.
  • Hit onto the unwanted accounts to un-select.

Note: (In case, QuickBooks user wants to update some of the accounts. Blue indicates the selected bank whereas grey means unselected.)

  • At the upside right-hand corner, choose the “Update” icon.
  • Enter the Multi-Factor Authentication (MFA) credentials if QuickBooks requires doing that. 

Note: QuickBooks users are supposed to enter the Multi-Factor Authentication (MFA) credentials before it disappears. 

  • Select the “Continue Update” icon.
  • Once the update is completed, you will see a notification that updated successfully.
  • Finally, check that last update date & transaction must have changed too.

Read this also: How to Fix QuickBooks Error Code 3140?

Solution 2:

  • In the left menu, navigate & choose the “Banking” tab.
  • At the top right corner of the banking display, select the “Add Account” option.
  • Check the name of the financial institution with which bank account connected.
  • In the drop-down option, select the respective bank.
  • Finally, hit the link of the associated bank’s website.

Solution 3:

  • Go to the “Transactions” icon & choose the “Banking” option.
  • At the upper right corner, choose the “Add Account” option.
  • Choose the respective bank & connect the account by following the given instruction.

Read Also: How to Fix QuickBooks error code 404?

Solution 4:

Verify the internet connection setting on the computer.

  • Open the browser and try to open any website to check the internet connection.
  • In case, the website opens normally then internet connection is fine. If not, then it will notify that there is some problem with the internet connection.
  • Once there is proper internet connect, download the update from the Internet Explorer.
  • Ensure that Internet Explorer is set as the default browser.
Verifying internet connection

Reconfigure the QuickBooks Internet connection:

  • Go to the “Help” menu, select the “Internet Connection Setup” tab.
  • Choose the “Use my Computer’s Internet Connect Setting” option.
  • Choose the “Next” icon and later hit the “done” icon to start the process.
  • Finally, reset the QuickBooks updates.

Solution 5:

Enable TLS 1.2 and make changes to Encrypted Pages Settings

  • Go to the Advanced tab and scroll down to “TLS 1.2”.
  • See if TLS 1.2 is checked, if not, click and check the box in front of that.
  • Now look for “Do Not Save Encrypted Pages” to Disk and uncheck this option
  • Click on “Apply” and then hit “OK” to save the changes

Solution 6:

Download recent updates available for .Net Framework, Java, Adobe Flash Player on Windows.

Alternate Methods

If the above methods did not work for you, check out the alternates below.

Method 1: Ensuring to add intuit as a trusted website

  • The very first step is to open Internet Explorer in the first place.
  • Once done with that click on the Gear icon and go for Internet Options.
  • Now, head to the Security tab
  • The next step is to click on the Trusted Sites followed by Sites.
  • Now, enter https://*.intuit.com in the add website field.
  • And click on Add and follow the same steps to add https://*.QuickBooks.com. Then, click on Close.
  • Look for the Miscellaneous option under the Custom Level section.
  • Also, enable the Allow Cross-Domain Requests option
  • Hit ok tab
  • And also click on Apply followed by OK.
  • The user should then open the Internet Explorer once again and try to update the transaction again in QuickBooks Online.
Adding Intuit as trusted site

Method 2: Reset Internet Explorer’s Pop-up Settings

  • At first head to the Privacy tab and go for the Advanced option.
  • Once done with that mark the Override Automatic Cookie Handling checkbox.
  • Now, ensure to accept First Party and Third-Party Cookies in the browser settings.
  • The next step is to mark the Always Allow Session Cookies checkbox.
  • And click on OK to save the changes.

Method 3: Enable ActiveX Controls

  • The user needs to first head to the Security tab and go for the Internet option followed by Custom Level.
  • After that scroll down to ActiveX Controls and Plugins under the Internet Zone window.
  • And ensure to enable the Download Signed ActiveX controls, Binary and Script Behaviors, Script ActiveX Controls Marked Safe for Scripting and Run ActiveX Controls and Plugins options.
  • The next step is to click on OK and close the Internet Explorer.
  • Now, try to connect your bank account once again with QuickBooks.
enable activex controls

Method 4: Ensure to have a stable Internet Connection

  • The very first step is to open Internet Explorer and search for a safe website. (www.google.com)
  • If you are not able to connect, it indicates that you can fix the connectivity issue.
  • Check your internet connection and check if the issue persists

See Also: How to Fix QuickBooks Error Code 6147, 0?

Final Note…!

Hopefully, the manual solutions shown above are beneficial for users to resolve the QuickBooks Error Code 101 on their own. But if you still have any query or problem associated with this error code or any other QuickBooks problem – feel free to contact us at our QuickBooks payroll support number i.e. +1-844-499-6700. Our support team remains active 24/7.

 

Some other helpful articles you may like:

Fix Login Problems of QuickBooks Online on Chrome

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Some Common FAQs related to QuickBooks Online Error 101:

What is QuickBooks Online Error 101, and why does it occur?

QuickBooks Online Error 101 is a banking connection issue that occurs when QuickBooks Online is unable to establish a secure connection with your bank or financial institution. This can happen due to a variety of reasons, such as incorrect login credentials, outdated browser settings, or issues with the bank’s website or server. Error 101 can prevent you from downloading transactions or reconciling your bank account in QuickBooks Online.

How can I fix QuickBooks Online Error 101?

There are several steps you can take to fix QuickBooks Online Error 101, depending on the specific cause of the error. Some common solutions include verifying your bank login credentials, updating your browser settings or trying a different browser, clearing your browser cache and cookies, disabling pop-up blockers or anti-virus software temporarily, or contacting your bank to resolve any issues with their website or server. Additionally, you can try disconnecting and reconnecting your bank account in QuickBooks Online to refresh the connection.

How can I prevent QuickBooks Online Error 101 in the future?

To prevent QuickBooks Online Error 101 from occurring in the future, you can take several precautions. These include ensuring that your bank login credentials are up to date and accurate, using a supported and up-to-date browser, regularly clearing your browser cache and cookies, disabling pop-up blockers or anti-virus software temporarily, and keeping QuickBooks Online and your browser up to date. Additionally, it’s a good idea to check for any alerts or notifications from your bank regarding system updates or maintenance that may affect your connection.

QuickBooks Credit Card Processing

QuickBooks Credit Card Processing

QuickBooks Online lets you process and authorize all major debit and credit card transactions directly. Not only that, the payment information is automatically updated, so there is no need to enter the data twice. Talking about QuickBooks Payments, it lets you add links to invoices so that the customers can pay online. A customer can pay with PayPal, Venmo, credit card, or ACH bank transfer. The only thing that is required is to follow the link in the email. It is further possible to process payments in person or over the phone. In this segment, we will let you know the process of QuickBooks credit card processing, along with that you will get to understand how to process payments in QuickBooks online with QuickBooks payments. 

QuickBooks credit card processing

Thus, if you are interested in knowing more, make sure to stick around this segment carefully, or you can also connect with our technical support team for any kind of technical assistance. Give us a call at +1-844-499-6700, and get immediate assistance from certified professionals. 

Also Read: Deposit Payments into Undeposited Funds Account in QuickBooks 

How QuickBooks Credit Card Processing can help you? 

QuickBooks credit card processing

Well, accepting credit cards can help you in the following ways: 

  • Grow your business – You can make it easy for customers to make payments by offering them convenient payment options. 
  • Get paid faster- The approved funds can be deposited into the account in as few as two to three business days. 
  • Get paid automatically – You can set up recurring sales receipts and collect payments automatically so that customers do not have to be reminded to pay you. 
  • Save money – When you accept credit cards, there are no extra hardware, software, or phone lines needed. You can save around $1,000 or more in comparison to buying or leasing a terminal. 
  • Save time – QuickBooks online payments service is the only merchant account service that is fully integrated with QuickBooks online. When you process a transaction, the information is automatically entered in the QuickBooks online company file. The need to manually enter data is eliminated. 

It should be noted that QuickBooks online doesn’t currently integrate with a shopping cart. 

Furthermore, QuickBooks payments are an optional fee-based service. And application approval is required. Terms, conditions, features, pricing, and services are subject to change without notice. 

In order to apply for this service, you need to perform the following steps: 

  • Initially, you need to head to the settings tab and further go for account and settings 
  • The next step is to choose the payments tab 
  • And lastly, choose learn more

After the QuickBooks credit card processing is activated, you can process credit cards using recurring sales receipts. Note that, the clearance time for funds may vary depending upon the demand deposit account. 

You might find this helpful: Set up Landed Cost in QuickBooks Enterprise 

Steps to take and process payments in QuickBooks Online with QuickBooks Payments

You can check the QuickBooks payments website for the latest plans. The steps to take and process payments in QuickBooks Online with QuickBooks payments are described below: 

Step 1: Sign up or connect an existing QuickBooks payments account 

In case you haven’t already signed up for QuickBooks payments, perform the steps below. Or if you have, then connect your existing account to QuickBooks online. 

Step 2: Set up an account so customers can pay invoices online 

Set your company preferences. 

You need to first set up your account settings for invoice payments. 

  • At first, you need to head to the settings tab and further choose account and settings 
  • Once done with that, choose the sales tab 
  • Also, under invoice payments, go for edit and then go for the payment options you want. 
  • You can further enter payment instructions
  • This will show on all invoices irrespective of the template, when the payments are enabled.
  • The next step is to choose save 
  • Also, go for the done option. 

Set your payment options directly on the invoice 

You can select how to receive payment on each invoice you send. In case you change them on one invoice, then this will only impact the invoice you change and not the company preferences. 

Note that, your estimates or invoices will look different depending upon whether you have the old or new estimate and invoice experience. 

You can change the invoice payment options with new invoicing: 

  • Head to sales and then choose invoices 
  • Now, find the invoice you want to update, and then go for the edit 
  • The next step is to choose manage and then select payment options 
  • You are now required to turn the switches on or off for the payment method you want to use 
  • The last step is to choose save or save and close tabs respectively. 

Steps to change invoice payment options with old invoicing 

In order to change the payment options on an existing invoice, you need to perform the following: 

  • For this, you simply need to head to sales and further go for invoices 
  • The next step is to find the invoice you are planning to update and then go for edit 
  • The user is then required to select edit in the online payments section 
  • Furthermore, choose the payment options you want. 
  • And hit the ok tab. 
  • The last step is to choose save and close. 

Also Read: How to Create a Proforma Invoice in QuickBooks? 

Step 3: Process payments in QuickBooks Online 

After you are ready to get paid, you need to carry out the steps below on how you received the payment: 

Process payments for sales receipts: 

In case the customers come into your business, you do not have to send them an invoice. You can simply create a sales receipt. The steps involved here are: 

  • The very first step is to choose + New tab 
  • Then, choose sales receipt or make a sale, then enter the customer info
  • Also, add a product or service to sell. 
  • Now, from the payment method dropdown, choose credit card 
  • And furthermore, enter credit card details. 
  • The next step is to enter the credit card info or select swipe card 

It is not mandatory, but to save this customer’s credit card, you can choose use this credit card in the future. 

  • You need to choose save or use this info. 
  • Furthermore, choose Got it and select Save and Close or Save and New. 

In case you add the customer’s email address, then QuickBooks sends them a copy of the sales receipt. 

Process payments for invoices 

In case you sent a customer an invoice, but they wish to pay in person, then you simply have a few options. You can ask them to follow the link in the email and complete paying for the invoice online. Or process the payment for them and tally it with the existing invoice. 

  • The very first step is to choose +new 
  • The next step is to choose receive payment 
  • After that, enter the customer name and payment date 
  • Now, in the outstanding transactions section, choose an open invoice to apply the payment
  • And to take a partial payment, you can simply change what’s in the payment field. 
  • The next step is to select a credit card from the payment method dropdown 
  • Also, choose enter your credit card details 
  • Once done with that, enter the credit card info or select the swipe card 

To save the customer’s credit card, you can select the option use this credit card in the future tab 

  • Choose save or use this info 
  • The next step is to go for Got it icon and choose save and close or save and new. 

QuickBooks will send automated receipts to the registered email when an invoice is paid through QuickBooks online payments. You can also re-print a copy of the receipt from QuickBooks online payments. This can be done as follows: 

  • You need to first go to the invoice that was paid and then choose the payment 
  • The next step is to choose a transaction processed from the customer details; a copy will show up of the receipt that you can print. 

Process payments for invoices in QuickBooks Solopreneur 

  • Here you simply have to choose get paid and then go for invoices 
  • The next step is to find the invoice that you wish to record as fully or partially paid 
  • Now, under the action column, you need to choose record payment 
  • And then, in the deposit to dropdown, select the account to record the payment to 
  • The user is then required to fill out the remaining fields, like the amount paid and the payment date
  • After you are done, choose save

Step 4: Learn about deposit times for customer payments 

After processing payments, QuickBooks puts money into the bank account. It simply makes use of the bank account that is opted for when signing up for QuickBooks payments. The time taken for deposit depends upon the product and the type of payment. You can get more info about deposit times for QuickBooks payments. 

It should be noted, if you are new to payments, then your first payments might take a bit longer while QuickBooks set up the accounts. After the accounts are set up, customer payments will be processed faster. 

Disclaimer: QuickBooks payments account is subject to eligibility criteria, credit, and application approval. Money movement services are provided by Intuit Payments Inc., licensed as a money transmitter by the New York State Department of Financial Services. 

Also Read: How to merge accounts in QuickBooks? 

Conclusion! 

Toward the end of this segment, we believe that the reader might be able to understand how to take and process payments in QuickBooks Online with QuickBooks payments. Moreover, the above steps might help you in successfully understanding QuickBooks credit card processing in QuickBooks online. However, if you have any queries, or if you need any sort of technical guidance, then in that case, reach out to us at +1-844-499-6700, and our technically sound QuickBooks ProAdvisors will answer all your queries immediately. 

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