How to Fix QuickBooks Online Error 101- Ask Accountings

What is the meaning of QuickBooks Error Code 101?

When connecting to QuickBooks Online banking, you may get error 101. It is a scripting error that implies harm to critical Windows components such as ActiveX,.NET Framework, Java, and Flash Player. The issue occurs when Windows fails to execute the command required to launch the web-based apps. The error message that accompanies this code states, “We are repairing our connection to this bank as soon as possible.” “Please reconnect in a moment.”Another QuickBooks 101 warning message may say, “It appears that the connection to this bank-Business Online Banking is currently unavailable.” “Please return in a few hours (101).” This message indicates a problem with the bank’s system, and the only solution you can do is wait. Because the error disrupts your job, you need effective troubleshooting to tackle the issue as quickly as feasible.

What may be causing QuickBooks Online Error 101?

All of the possible causes of QuickBooks Error 101 are listed here. This is most noticeable when linking the bank account and downloading the bank feeds. Check the list of causes below.

  • When you are not able to start the.NET framework, ActiveX, Flash, or Java due to a Windows malfunction, you may see error 101.
  • Because of out-of-date Windows components like ActiveX controls and the Microsoft.Net framework.
  • You may also get QuickBooks Online Banking Error 101 if script debugging is disabled.
  • A bad internet connection might also produce the same problem.

What Causes Error Code 101 in QuickBooks Online

QuickBooks displays Error Code 101 for a variety of reasons, including errors in Windows settings. If there are defects in the Windows or QuickBooks settings, you will see the error message “We are fixing our connection to this bank as soon as possible.” “Please try again tomorrow.” That can be fixed right now. If QuickBooks shows “Looks like the connection to the bank – Business Online Banking isn’t available right now,” proceed with the procedures below. Please again in a few hours.

How Do You Handle QuickBooks Online Error 101?

One of the strategies listed below will undoubtedly assist you in fixing QuickBooks error 101. You can contact our QuickBooks professionals for further details. Now you can try the following procedures in order.

Method 1: Enable TLS 1.2 and Change Encrypted Page Settings

  • The first step is to choose the Advanced tab and then the TLS 1.2 checkbox.
  • Following that, you must mark TLS 1.2.
  • Untick the ‘Do not save encrypted pages’ checkbox.
  • Finally, select the Apply option before clicking Ok to save the most recent modifications.

Method 2: Examine the Internet connection on your computer.

  • To begin, start the browser beside the webpage.
  • After that, check to see if the internet connection is reliable. If not, you will be informed.
  • After testing your internet connection, you must upgrade to Internet Explorer.
  • Check that Internet Explorer is configured as the default browser.
  • After testing the internet connection, you must adjust it. Here are the procedures to follow if you want to do the same.
  • To begin, select the Help menu and then the Internet Connection Setup option.
  • Then choose “Use my Computer’s Internet Connect Setting” from the drop-down menu.
  • To begin the operation, click Next and then Done.
  • Finally, you must reset QuickBooks updates.

Method 3: Double-check your financial institution.

  • First, choose the “Banking” tab.
  • Following that, you must pick the Add Account option.
  • Check that the financial institution’s name is linked to the bank account.
  • Then select the appropriate bank.
  • Finally, select the link to the relevant bank’s website choice.
  • Method 4: Register and connect your bank account
  • The initial step is to choose Transaction.
  • Then, select the Banking option.
  • Select “Add Account” from the menu.
  • Choose your bank and then follow the on-screen steps to link the account.
  • Finally, determine whether QuickBooks Banking Connection Error 101 is present.

Method 5: Change the Date and Transaction

  • To begin, select the Banking tab and then uncheck the superfluous accounts.
  • Then, choose Update and provide your Multi-Factor Authentication (MFA) credentials.
  • Select the Continue Update option.
  • After the update is complete, a notification will appear on the screen.
  • Finally, confirm that you have successfully altered the date and transaction.


Positively, the post contains all of the simple and quick remedies for QuickBooks Online Error 101. If you have tried all of the methods listed above and are still experiencing problems, it is recommended that you contact one of  QuickBooks specialists. 

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