How to Resolve QuickBooks Error Code 1016 (A Bank Feed Error)?

Are you facing QuickBooks error code 1016? If yes, then reading this post till the end would surely be of some help to you. QuickBooks error code 1016 is a bank feed error. It is an OL and OLSU bank fee form-related issue that might take the most of time when trying to access the form. To find out the fixes to the QuickBooks error code 1016, we recommend the user to go through this post till the end. Moreover, the user can also contact our tech support team for any sort of further tech assistance.

 

What are the factors causing QuickBooks error code 1016?

The user can end up in QuickBooks bank feed error 1016 due to the below stated factors:

·         One of the most common factors can be if there is any issue with the bank

o   May be the bank has altered service offerings, web connect or direct connect

o   Or if the user isn’t able to change the name of the bank due to the bank merger. This requires the user to refresh QuickBooks

o   The account turned on to be used for online banking could be inactive

o   Also, if the servers of the bank aren’t reachable

·         In case there is any issue with the internet connection

·         Another cause can be if there is corrupted download or import format

·         The user can end up in such an error if he/she is using an obsolete version of either windows OS or QuickBooks desktop

 

Steps to fix the QuickBooks error code 1016

The user can try fixing the QuickBooks error code 1016 by turning on the TLS 1.2 protocol on internet explorer. The steps to be followed here are as follows:

·         The very first step is to move to the internet explorer and update it to the latest version if needed

·         After that the user will see gear icon in the upper-right section of the internet explorer and click on the same

·         The user should now run internet options and then tap on the advanced tab

·         The next step is to move to security option on the list

·         And also the user will see two options there: USE TLS 1.0 (uncheck it) and USE TLS 1.2, which the user should checkmark



·         The user will then have to go for apply and ok tab

·         Also, close any program running and also reboot the system

·         Lastly, the user should check if QuickBooks error 1016 is resolved or not

 

Getting rid of the QuickBooks error code 1016 can become a little easy with the steps we have tried to mention in this post. However, if the error continues to appear, then in that case the user can contact our QuickBooks premier support team directly at 1-844-405-0906, and ask them to perform the required steps on your behalf. 

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