How to Fix QuickBooks Error OL-334?

Published by David Miller, Last Updated On :

quickbooks-error-ol-334

QuickBooks Error OL-334 is a common banking setup and connection error may occur due to poor internet connection. In case, your bank or financial institution might have rolled-out for some improvements to their administrative offerings such as Web Connect or Direct Connect, then also the same error code appears. However, fixing this issue in QuickBooks on your own may quite be difficult, that’s why we have discussed in this blog-post. So, once you feast your eyes here, you got the most relevant troubleshooting guides.

quickbooks-error-ol-334

Causes of QuickBooks Error OL-334

There are several causes of facing error OL-334 in QuickBooks. Few of them are listed below:

  1. You may get such error when you check your bank or financial institution for rolled-out some improvements
  2. You may have an inactive bank account authorized for QuickBooks Online Banking system
  3. There might be have an issue with the Bank Servers
  4. If there is issue in any of the records in the organization document
  5. Having an issue with arranging the download or import
  6. Due to discontinued adaption of Windows

Pre-requisites The Following Statements:

  1. Check your internet connection whether it is active or not. If already connected properly, then verify the firewall and internet security settings to continue
  2. Make sure, you are using a supported version of QuickBooks and Web Browser
  3. Make sure that QuickBooks Desktop application is updated to the newest release
  4. Contact you bank organization to verify the account information and the bank is not facing any outages at that moment

Solutions to Fix QuickBooks Error OL-334

Here are different possible solutions listed below to annihilate QuickBooks Error OL-334 problem effortlessly. So, let’s have a glance at noted points and perform the same:

Solution 1: Enable TLS 1.2 Security Protocol If Available

To do so, follow the given instructions:

  1. First, open the Internet Explorer and ensure that the latest version is installed
  2. Now, go to the upper-right section of browser’s window and then tap on “Gear” icon which is the Settings button
  3. After that, go to the Internet Options and tap “Advanced” tab
  4. In the security section, scroll down until you find Use TLS 1.0, Use TLS 1.1 or Use TLS 1.2
  5. Now, un-check the option “Use TLS 1.0 and give a tick mark on Use TLS 1.2
  6. After that, click on “Apply” and then hit “OK”
  7. Now, close all the open programs and restart your computer

If the same error code still persists, proceed to the next solution.

Solution 2: Create a New Test Company File

The next step you should take to resolve QuickBooks Error OL-334 is to create a new test QuickBooks Company File. Follow the below points to do this:

  1. First, navigate to the “QuickBooks company file” menu and tap “New Company”
  2. Now click on “Express Start”
  3. And then add the bank account, the one with the issues in the newly created test company and set up the account for Bank Feeds
  4. After setting up, you need to download Bank Feed transactions to test the account
  5. If you receive the same error message, then there is an error with the bank so, contact your Bank to fix it otherwise go ahead with the next solution

Solution 3: Run the Account Setup with Ctrl Key Suppressed

  1. First, you are required to create a backup of the QuickBooks company file
  2. And then, you should check for Inactive Accounts that still has the Lightning Bolt
  3. Now, deactivate the account for online services
  4. Now, you need to run the Bank Feeds set up again and require press and hold the Ctrl key each time you click a command
  5. The Ctrl key should be held throughout the process unless you enter the bank information

Solution 4: Deactivate All Accounts with Online Services

To do this, follow the below points:

  1. At the bottom of the window, you will see an option “Chart of Accounts”
  2. Select the Include Inactive checkbox and then tap on “deactivate Bank Feeds”
  3. Once the Bank Feeds deactivated completely, close the window
  4. Now reopen the file and set up each account for the bank feeds

Get QuickBooks Technical Help for Exterminating QuickBooks Error OL-334

No required to waste your quality time if you still experiencing QuickBooks Error OL-334 issue. Give an instant call on helpline number and stay tuned with tech-savvy to get reliable QuickBooks Technical Help to cope-up such problem.