How to get rid of Quickbooks error OLSU-1014?

 Quickbooks error OLSU-1014 is an error of OLSU bank feed errors in Quickbooks. Occurrence of this error does not let you use the bank feed feature in.Quickbooks error OLSU-1014 comes up with the message “An error occurred [OLSU error -1014]. Please restart the online setup wizard”.

 

What causes  Quickbooks error OLSU-1014 to occur?

• Information related to financial institutions is not updated.
• Damaged company file data.
• Use of classic mode instead of express mode.
• Bank info is not updated in Quickbooks.
• Problem with the server.
• Problem with the internet connection.
• Notifications from the bank are ignored.
• Banks have changed their direct or web connect services.
• Quickbooks is not supported.

 

Before fixing Quickbooks error OLSU-1014, you must take care of these things:

• Create backup of the company file.

 

• Check if the error comes up in the classic mode.
• Update the Quickbooks.

 

 

How to resolve Quickbooks error OLSU-1014?

Solution 1: Switch to Express mode.

• Open Quickbooks’ edit menu.
• Move to the preferences tab.
• Choose ‘Move to the company Preferences’ option.
• Choose the Express mode in the bank mode.

 

Solution 2: Specify the default account.

• To begin, login to the company file.
• Switch to single user mode.
• Reach the preferences tab.
• Now, from the edit option, select Checking.
• Go to my preferences.
• Select Default account for all the four options.
• From the company preferences option, you must select the default account for creating paychecks and also for pay payroll liabilities.
• Click OK.

 

Solution 3: Refresh the bank connection.

Turn off the inactive account to fix Quickbooks error OLSU-1014, to do so:

• After checking for all inactive bank accounts, go to the option “Move to the company”.
• Select Chart of Accounts.

 

• Select Inactive account box.
• You need to right click the inactive account followed by selecting Bank feed settings.
• Moving ahead, select Deactivate all online services.
• Click Ok.
• Setup the bank feeds for inactive accounts.

 

Solution 4: Configure internet security.

• Open Internet Explorer.
• Go to tools.
• From the advanced tab scroll down to the security section.
• Check the TLS1.2 box.

 

I believe Quickbooks error OLSU-1014 is fixed now!! If the Quickbooks error OLSU-1014 still persists, reach out to QBSsolved at +1(888) 910 1619  . Our error expert team will help you to get rid of Quickbooks error OLSU-1014.