How to Fix QuickBooks Banking Error 102?

 

One issue that you as a user might experience is "QuickBooks Banking Error 102." This error may appear when there are technical difficulties with your bank's website, when website maintenance is underway, or when a server encounters issues when sending data between the bank's website and QBO. Therefore, the purpose of this article is to increase your understanding of this error code, and how to fix it. So read this blog all the way through.

Causes of QuickBooks Error 102

We've listed some of the main causes of QuickBooks Bank account error 102 below: 


  • Whenever there is a problem on your Bank's end, such as website maintenance or a server failure. 

  • QuickBooks Error 102 can be brought on by any OS-related network connection issue. 

  • This problem may be caused by incorrect bank account login information. 

  • If you have a new bank account and you haven't yet activated online banking, you may also experience QuickBooks banking error 102.

Signs and Symptoms of QuickBooks Error 102

The following are a few things that help you identify QuickBooks banking error 102 when using the online or self-employed versions: 


  • When using QuickBooks, an error message displaying the error code 102 appears on your screen. 

  • If your QuickBooks cannot update or download your financial transactions. 

  • QuickBooks is not able to connect with financial institution.

Some Methods To Fix QuickBooks Error Code 102

Method 1: Manually update your bank connection

If you encounter a QuickBooks error 102, you should be aware that the bank itself won't respond right away. It follows that you must wait for a minimum of  24 hours. You can attempt to manually update QuickBooks' online bank connection during this period.

Manually updating Bank Account in QuickBooks Online

  • You must first log into QuickBooks Online. 

  • Following that, select the Banking or Transactions menu. 

  • Then select Update.

Manually updating Bank Account in QuickBooks Self-Employed

  • You must first log into QuickBooks Self-Employed. 

  • Next, select the profile icon, then select Bank accounts. 

  • Continue by selecting Refresh All. 


Although QuickBooks updated the bank account automatically at 3 am, if you still see QuickBooks Online Banking Error Code 102 after manually updating the accounts, wait for two to three hours and try refreshing the accounts again.

Method 2: Continue checking the website for your bank or credit card 

To ensure that everything is running smoothly on the bank's end or to learn about any latest update regarding the maintenance, you must visit the bank's and credit card's websites to determine whether they have informed you of any updates or ongoing issues at their end. 


  • To begin with, launch your browser and log in to the website of your bank or credit card. 

  • You must contact your bank or credit card operator to find an alternate solution if you are unable to sign in. 

  • Look for notifications, alerts, and messages on the bank's official website. Knowing that it is caused by a bank issue or a QuickBooks-related issue will be helpful. 

  • You should also double-check your account history, account pages, and transaction history. There may have been a connectivity issue if you are unable to use these.

Method 3: Verify your bank login details 

QuickBooks error 102 can sometimes be brought on by incorrect bank login information. Try connecting into your bank or credit card website first to troubleshoot and confirm that the information is accurate. After successfully logging into the bank website, take the following steps:


Verify Your Bank Details


  • If you haven't linked a bank to your QuickBooks, try searching for the name of your financial institution. 

  • If you have linked it, select Add Account from the menu option present in the top right corner of the screen. After that, browse the names of your financial institutions. 

  • Select your financial institution's name from the list. 

  • Select proceed after entering your credentials. 

  • Choose the option to connect securely after doing any additional verification steps that are required. 

  • Choose the bank icon that is present to the left of the account you wish to connect. 

  • Additionally, select the bank type or credit card account from the drop-down option before selecting the account type. 

  • After you've connected your accounts, QuickBooks will retrieve all of your recent 90-day online transactions. Additionally, it will download credit card and banking transactions. 

  • Next, select Connect. Furthermore, it needs some time to start working. 

  • After the download is finished, you will be taken back to the banking page. 

  • Finally, you need to look over the tab with the transactions that were retrieved from your financial institution.

Method 5: Make sure your bank account isn't new

If your bank or credit card account is new, you might run into this problem. Online banking doesn't work well with some new accounts. So, if you have a problem like this, you should talk to your bank. 


You might have easily fixed QuickBooks error code 102 by using the techniques given above. But, if you still have trouble with it for any reason, we advise you to call our QuickBooks specialists at +1-800-615-2347.
Location: Texas, USA

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