QuickBooks error OL 301 is a bank error that arises when a user tries to connect to the financial institution or download transactions in QuickBooks. The user might encounter the error with a message from bank that says: It might be because of your account info changed or they haven’t turned on a service, like online bill pay. Error code: OL -301. The error often occurs because of several communication issues between QuickBooks and the bank. This blog is all about acquainting users with QuickBooks bank connection error OL 301, its causes ad solutions, so read carefully until the end.
If you are fed up of dealing with QuickBooks error OL 301, get technical assistance from the certified QuickBooks expert’s team by calling us on our helpline number +1-800-417-5147
Reasons behind the occurrence of QuickBooks Online banking error OL 301
Read the causes listed below that prompt the error before proceeding to the solutions:
You have entered incorrect bank account information in QuickBooks.
The QuickBooks company file you’re trying to open is damaged or corrupted.
There are some communication issues between QuickBooks and the bank.
 Follow the complete blog for quick troubleshooting solutions to resolve the error.
Methods to Troubleshoot & Fix QuickBooks bank error OL 301 
Method 1. Fix bank error 301 by creating a test company file
By creating a test company file, you’ll get to know if the error is triggered because of a problem with the bank or something in QuickBooks:
Open QuickBooks, go to the File menu, and choose New Company.
Click Express Start or Start Setup.
Within the Setup window, fill all the required fields and then select Create Company.
Next, select Start Working.
If the same error recurs, it indicates there is some problem with the bank connection. It usually happens if you recently installed QuickBooks, and the bank needs to confirm your identity before using their online services. Log in to your bank account, check for any security notifications. If there are none, contact your bank directly.
If you don’t get any error, the problem is with QuickBooks. Continue with troubleshooting methods.
You may also Read : QuickBooks error 6209
Method 2. Refreshing online banking connection
The process includes turning Bank Feeds on and off. You need to do this often if your bank didn’t get any update for online banking service.
Turn the Bank Feeds off for the account you’re having a problem with.
Now, turn on the bank feeds to refresh QuickBooks’ connection with the bank.
Try to download transactions again. If you still get the error, proceed to the next method.
Method 3. Try to reset online banking connections for all accounts 
The following steps will help you refresh connection for all accounts, including inactive ones:
Open QuickBooks, choose the Lists menu, and select Chart of Accounts.
From the bottom menu, choose Include Inactive.
Turn off the bank feeds for active as well as inactive accounts.
Open QuickBooks again.
Now, turn on the bank feeds for all accounts.
If you still get QuickBooks error OL 301 after following all the troubleshooting methods above, connect with the QuickBooks technical support team by dialing our toll-free number +1-800-417-5147.
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