Fix QuickBooks Error 101

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Fix QuickBooks Error 101
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Introduction
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QuickBooks

• It is an online accounting software that comes
  need in small business owner, accountant,
  self-employed and people who starting a business.
  
• This billing software helps in -
• Manage GST
• Inventory report
• Staff and payroll
• Keep track of money through online banking
• Create GST invoice effortlessly
• All these activities are done on fingertips
  through this software. Quickbook online is a
  simple and easy to use for our accounting that
  give powers our business.

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Benefits of QuickBook Software

• GAIN TIME FOR BUSINESS WITH QUICKBOOK FEATURES
  
  It save time
  in data entry and eliminate reconciliation errors
  as it automatically download transactions from
  indian bank. It also learn your expense
  categories and classify the transactions. As this
  software do all work by itself so have get lot of
  time to run your business easily that save your
  time,money and manpower. Through this app you can
  easily email invoice, do payments, reconcile
  transaction and do lot more just in one click.
• POWERFUL YOU INVOICES AND SAVE TAXES
  
  
  It help you create and send professional
  invoices online.You can even know when your
  customer see the invoice, you can send overdues
  remainder to your customer. Quickbook invoice
  feature create GST INVOICES that further help in
  GST RETURNS as it tracks the inward and outward
  supplies.It helps you in tax saving by keeping
  the receipt at one place without any missing.
  

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Drawback of QuickBook software

• Maintaining and adding feature is expensive.
• No built-up and backup function.
• You dont know when upgrade occur.
• Giving a bit of control over your data.
• Changes of getting virus in it.
• Lack of industry specific feature.
• Bank and credit card feed goes back 90 days.

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HOW TO FIX QUICKBOOKS ERROR 101
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What is QuickBooks Error 101 ??

• When you try to import your banking transactions
  into Quickbooks Online, then QuickBooks Online
  Error Code 101 may appear. Though such an error
  code 101 is also be called as banking error and
  can arise anytime while adding your bank
  account to QuickBooks Online App.

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Reason for Quickbooks Online Error 101

• When Banking Server is down.
• Faulty Windows Configuration may lead to this
  problem.
• Inappropriate settings of Internet Explorer.

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Solution 1- Updating Banking in QuickBooks
Desktop

1. Open QuickBooks Desktop on your system and go to
   the Banking section from the left panel.
2. If you want only some of your accounts to update,
   then click to unselect the unwanted account.Blue
   check indicates the selected bank and grey check
   indicates it is not selected for updates.
3. Now, once you choose the account that you want to
   update, click Update button from top-right
   corner of screen.
4. If prompted, you need to enter your Multi-Factor
   Authentication(MFA) and click on Continue
   Update.
5. When the update is successfully done, you will
   receive a notification and also notice that the
   date of the last update and total number of
   transaction has been changed.

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Solution 2

1. Click on the Banking option from left of the
   device.
2. Next, choose Add Account tab , which can be
   found at the top -right corner of the Banking
   screen.
3. Look at the name of your financial institute.
4. Click on the bank once you find it.
5. At the top of window, tap on banks website link.

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Solution 3

1. Go to the navigation bar there click on the
   Transaction and select Banking Option.
2. Click on Add Account that is in upper right
   corner.
3. In order to select your bank and account to
   connect, you simply have to follow the prompted
   on screen instruction.

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Conclusion

• In these slide, we learn what is QuickBooks and
  how QuickBooks error 101 occur. We also learn how
  to solve this 101 Error in 3 solution.
• We have to import our banking transaction in
  QuickBooks very carefully so our data not catches
  any error and for more information about
  Quickbooks error 101 you can contact Quickbooks
  support.