I keep receiving the QuickBooks error 106 message whenever I try to connect to my bank account. Can someone help me resolve this issue?

I love working on QuickBooks Online and I like the flexibility and availability of data. The most important thing is that I can access it from anywhere. I have to attend meetings almost every day of the week and moderate a lot of presentations as well. This is where QuickBooks Online comes in handy. However, for past few days, I keep receiving the QuickBooks error 106 message as soon as I enter my credentials. I have a paid subscription with my bank and I wanted to directly update my QuickBooks with the latest bank transaction, but this error is not going anywhere. I need to fix this issue as soon as possible to get back on track.

Asked on October 4, 2019 in Banking.
1 Answer(s)

Greetings, thank you for bringing this issue to our attention. I am glad to hear that you like working on QuickBooks Online. If you are receiving the QuickBooks error 106 while connecting to your bank account, it could be because of syncing issue. Also, the communication between the bank and QuickBooks Online might not be taking place in a proper manner.

There could be many reasons for the occurrence of QuickBooks error 106, However a few major ones are:

    • The main reason of this error is that QuickBooks Online is unable to locate your Financial Institution (FI) or Bank.

 

    • Another reason could be that the bank account you want to connect is closed for some reason.

 

    • As it is a two-way communication issue it could be possible that the server that handles the query in bank is not responding or has retained some sort of damage.

 

The above reasons will be enough to get a fair idea about QuickBooks error 106.

Now, to know the steps that are involved in resolving this error, you will need to read the following article: What are the methods to fix QuickBooks Error 106?

However if you still have any queries regarding this topic, please contact the ProAdvisor support.

Answered on October 7, 2019.

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