When the QuickBooks website and bank are communicating via the internet for some reason, or there is a maintenance issue on the website, the error 102 will appear. Whenever such errors occur, you risk the integrity of your work. A server issue with the Bank’s website could also be a possible cause of QuickBooks Online Error 102. Several banking functions are hampered, including the inability to download transaction data from QuickBooks online banking through a bank’s site. This blog post contains the best remedies for QuickBooks online error 102.
Causes for QuickBooks Error Code 102:
There are several technical reasons for QuickBooks error 102.
- Damaged network equipment may cause error message code 102 in QB
- A malfunctioning OS can be caused by problems with wireless networks
- An issue with the browser can cause this error
- It is not advisable to install too many browser extensions. The troubleshooting solution is to address each of the causes in turn after going through all the possible cause of Quickbooks error 102.
Solutions to Fix QuickBooks Error Code 102
Solution 1: Check Account updates in QBO
If the bank credit card website does not indicate maintenance, you must manually update the account in QuickBooks Online. Select the Update option at the top right corner. These updates are available both manually and automatically.
Automatic updates
A bank account update takes place on QuickBooks Online between 3 am and 6 am of each day. In the event that there is no updated information for a specific Online account, QuickBooks Online will automatically update five times within the next five hours. Based on our affiliations with banks and financial institutions, we are provided with information.
To determine when the update occurred, check:
- Choose ‘Banking’ from the left-hand menu
- Ensure that the information at the top right corner is up to date
- There is a column in the last updated section that shows the date/time last updated.
Manual Updates
Despite the fact that most accounts are automatically updated, there are some that must be updated manually
- You can find ‘Banking’ on the left side of the page
- To change accounts, click on ‘Unwanted’ accounts next, and then click on ‘Edit’
- Click ” to start
- If you are using multi-factor authentication (MFA), enter your credentials here.
Solution 2: Check the account info and the notifications
If there is a problem logging in, the bank would send SMS text messages, notifications, and alerts. Additionally, make sure you review the account summary, the account history & other transactions.
Solution 3: Wait for Bank Action
In the event that you cannot resolve error code 102 QuickBooks, you should wait for the bank to fix any issues related to your server. Retrying after one day would be a good idea.
Solution 4: Ensure that your Bank account is not new to the Bank.
If you are linking your Quickbooks Online account to a new bank account or credit card, then QuickBooks Online will display Error Code 102. Not all new accounts can be accessed via Online Banking. Any problems you encounter should be immediately reported to the bank.
Conclusion:
These solutions will not resolve QuickBooks Error Code 102. If you need expert assistance, you can reach QuickBooks 24/7 Support. Technical guidance and assistance should be sought if any further discrepancies arise.