QuickBooks Error OL 203 is one of the commonly occurring online banking setup and connection errors encountered by the users of QuickBooks accounting software.
Banks usually need identity confirmation before retrieving data from any accounting or financial management software such as QuickBooks. Before trying to fix QuickBooks Error Code OL 203, in order to meet the security requirements of your bank, you should first login into your bank account and check if you have any notifications in your message center. But you should take into consideration that you should log in into your bank account not from your QuickBooks but from outside it.
If there is some notification, you should contact your bank directly for getting the information and instructions. Usually, you will receive an identity confirmation request when you install a new QB version or when you update your current QuickBooks version.
A QuickBooks user may receive Error OL 203 because of one of the following –
To fix QuickBooks Error OL 203, you should perform the steps given below in the same order as shown here. After each step, check for OL 203 error, if it is not resolved, you should move to the next step.
You have to follow the steps given below to activate TLS 1.2 in your Internet Explorer web browser –
Now, check for QuickBooks Error Code OL 203. If it is not resolved, move to next step.
By doing this step, a QB user can determine if the bank or its servers are causing the QuickBooks Error OL 203.
If the connection with your bank is incomplete or unsuccessful, follow the steps given below steps to recover. If the Lightning bolt is activated, i.e., it is displayed on the Chart of Accounts, follow these steps –
If in case, QuickBooks Error Code OL 203 does not pop up, it implies that you have successfully troubleshot the Internet connection with your financial institution or bank. Troubleshooting can be stopped as transactions have got successfully downloaded.
If in case, QuickBooks Error OL 203 is flashing on the screen, it implies that this method cannot rectify the problem. You should move to the next step, i.e., merge accounts step.
If the Lightning bolt is not activated, i.e., you are unable to see the Lightning bolt or Bank Feed settings tab on the account, follow these steps –
If in case, QuickBooks Error OL 203 does not appear, it implies that you have successfully fixed the problem in the Internet connection with your financial institution or bank. Troubleshooting can be stopped as the transactions have got successfully downloaded.
If in case, the error is still not fixed, it implies that this method cannot troubleshoot the problem. You should move to the next step, i.e., merge accounts step to resolve the error.
It may be the case that QuickBooks Error OL 203 is occurring because of some issue with the account being set up or to which you are downloading transactions.
Before creating and merging accounts, if there are some pending transactions, you should clear them. If you have downloaded transactions previously but they are unmatched, you should match them.
In this step, you have to make a new account. After this, you have to merge the accounts and set up the account for bank feeds. To this newly merged account, you have to download the transactions.
If above the steps failed to resolve QuickBooks Error OL 203, then you should contact your bank or financial institution. Banks that support QuickBooks online banking have a support channel. You can contact your financial institution or bank and follow an escalation path to the QuickBooks developer’s online connectivity group.
If you are unable to apply any of the solutions mentioned above, or if QuickBooks Error OL 203 fails to get fixed, call us now at our toll-free QuickBooks Customer Support Number 1-855-365-6O12 to get the best solution.