How to fix QuickBooks is unable to verify the financial institution issue?

 

Looking for the steps to fix QuickBooks is unable to verify the financial institution issues? If yes, then your search ends here. This particular error can be seen if the bank ID inside QuickBooks isn’t feed properly or if the program isn’t able to recognize the ID code. Moreover, it can also be seen on the screen with a warning message that states “QuickBooks is unable to verify the financial institution information for this download. Please try again later.” You can experience this issue when trying either to import or download transactions from the bank. To learn further about this issue, make sure to read this post till the end. Or you can also connect with our tech team at 1-888-351-0999.

What triggers QuickBooks is unable to verify the financial institution error?

The below stated factors can trigger this issue in QuickBooks. Let us have a look:

·         One of the basic reasons can be if you are using QuickBooks which hasn’t been upgraded to the latest version and it isn’t supporting import of QBO files

·         Another possible trigger can be if the QuickBooks isn’t permitting the user to integrate with the bank

·         Also, if the QBO file hasn’t been downloaded properly or it might not be compatible with the existing QuickBooks version.

Steps to fix the QuickBooks unable to verify the financial institution error

The user can perform the below stated steps to get rid of the error successfully. Let us have a look:

·         The user needs to first take the cursor on the file and locate the company file

·         After that, select express start

·         One done with that, add the word TEST to the respective company file’s name so that it becomes easy for you to recognize

·         The next step is to import the QBO file again with the transaction into the bank account on which you are facing issues with the company file

·         The user will then have to check if you can import the file

·         Once done with that, check if it is possible to view the transactions in the company files

·         If yes, then there must be some issue with the settings

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Towards the end of this post, we believe that the user might be able to fix the QuickBooks unable to verify financial institution issue. However, in case of any queries, you can give us a call at 1-888-351-0999 and we will provide you with immediate QuickBooks premier support services. We are a team of certified QuickBooks professionals who work round the clock to provide immediate support services.