Best Methods To Deal With QuickBooks Error 103
                     Roots of QuickBooks error 
103 and doable fixes
QuickBooks helps users monitor and record the ongoing transactions in their 
business. The software utilizes the user’s bank account to register the payments 
and carry out monetary processes. Users can also download recent transactions 
or use online banking in the software. But under unfortunate circumstances, the 
software sometimes fails to run according to user instructions. QuickBooks error 
103 emerges when the software fails to establish a connection with the bank 
servers. If you also get troubled by this bank error, give this blog a read to learn 
about the reasons for its development and the methods to rectify it from your 
PC.
Let a team of QB professionals handle this matter by contacting them 
at 1-855-856-0042.

Reasons
This bank error stops you from accessing the recent transactions due to the 
reasons mentioned below-
1. You used incorrect credentials to sign in to your bank account, or the changes 
you made in your login info aren’t updated in QuickBooks.
2. The bank selected in QuickBooks is incorrect.
3. The bank file you use in QuickBooks has been damaged and develops an error 
whenever you try to process it.
Solutions
The methods you can use to counter this bank error in QuickBooks are given 
below-
Solution 1- Verify that the credentials used while signing in to 
your bank account are correct
This error emerges and stops you from online banking if you enter incorrect credentials 
while signing in to your bank account. This can happen if you change your username or 
password but don’t update it in QuickBooks. You’ll be stopped from accessing your 
bank data, and error codes will fill up the screen whenever you try. The method to 
resolve this error begins by ensuring the user info entered is correct. Follow these 
steps-
1. Visit your bank’s official website in a web browser outside of your QuickBooks. Enter 
the same credentials you entered in QuickBooks and try signing in.
2. If you are able to log in, then it can be possible that the bank file is damaged.
3. If an error develops, click the Forgot Password option to recover your account.
4. You must have the registered E-mail and phone number to reset your password.
5. Once the password is reset, open your bank account, and download the bank file 
in .qbo format.
If the error develops again while online banking in QuickBooks, try the next method.
Solution 2- Enter the correct bank in QuickBooks
This error can also develop if you have selected an incorrect bank in QuickBooks. 
You must use the following steps to ensure you are entering the credentials for 
the correct bank-
1. Open QuickBooks and click on the Banking option on the left menu.
2. Go to the search field and accurately enter your bank’s name (you can also 
use the bank’s URL).
3. Select the correct bank from the list of multiple banks displayed. Remove any 
auto-filled information and enter your bank account details.
The error will be rectified, and you won’t face problems accessing your bank 
data.
Conclusion
This is the completion of our blog that describes the causes of 
QuickBooks error 103 that appears while accessing a bank account in 
QuickBooks. You now know the countermeasures you need to fix this error, and 
we hope you’ll use them to rectify the QuickBooks error from your PC.
If you need assistance with troubleshooting, contact a QB support 
team at 1-855-856-0042.