There are some problems that QuickBooks users may encounter while using the banking service of QuickBooks. There might be some error that appears while downloading the bank transaction or while working with one.
In this article, we will discuss QuickBooks Error 1016.
QuickBooks Error 1016 is an online banking error. It is a common QuickBooks Desktop banking setup error. It is a bank feed error that might be caused due to an inactive bank account.
Here are a few possible causes for QuickBooks Error 1016 to occur:
Steps to resolve the bank feed error are given below. Follow these steps in order.
Step 1: Enabling TLS 1.2 security protocol
TLS 1.2 is the latest security protocol in the internet explorer. here are the steps to enable TLS 1.2. Before performing the steps make sure that it is latest internet explorer version i.e IE 11.
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Step 2: Creating a new test company
This process helps in knowing if the issue is with the bank or their server.
If the same error message appears again it means the issue is with the bank. Contact the bank in order to solve the issue.
Step 3: Run account set up with ctrl key
It helps to recover the incomplete connection with the bank by bypassing the previously failed connection. Backup the data before performing the steps.
Hold Ctrl until the message the transaction has been downloaded appears.
If the error message appears it means that the problem cannot be bypassed using this method.
These were a few fixes to the problem. Hope this would help in resolving QuickBooks Error 1016 and give the users a smooth functioning of QuickBooks. If unable to resolve the issue, immediately contact at QuickBooks Error Support phone number 1-877-263-2742.
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