How to Resolve QuickBooks error code 1016 successfully?

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Resolve QuickBooks Error Code 1016

Trying to get rid of the QuickBooks error code 1016, but unable to find the right set of steps to do so. Well, if that is the case, then reading this post will help. This error might occur when the user tries to connect to the bank account in QuickBooks. It is basically an online banking error, which is a common QuickBooks desktop banking setup error. It is also a bank feed error that might be caused as a result of an inactive bank account. The user might also experience this issue when the bank is unable to authenticate the QuickBooks connection to the bank. To learn more about bank feed errors in QuickBooks, make sure to read the post till the end.

What leads to QuickBooks error 1016?

One might experience the following error due to the below factors:

  • One of the most common reasons can be if there is any issue with the bank
  • Another possible trigger can be if the bank has altered their service offering, web connect or direct connect
  • Also, if the user is unable to change the name of the bank due to the bank merger, then experiencing this issue is common
  • The user can also end up in such an error if the account turned on to be used for online banking could be inactive
  • Moreover, if the servers of the bank aren’t reachable
  • Another possible trigger for the same can be if there is any internet connection issue
  • Or if there is an error in the accounts registered in the company file
  • Any corrupted download/import format can also trigger such an error in QuickBooks
  • Using an old windows or QuickBooks version can also trigger such an error in QuickBooks

Steps to fix the error

The user can try to perform the steps to create a new sample company file in order to fix the QuickBooks error code 1016. The steps involved are as follows:

  • The very first step is to open QuickBooks and navigate to the file menu
  • Once done with that choose the new company
  • The next step is to click on the express start
  • Followed by adding the bank account that was creating the issue in the new company test. And then set up the account for the bank feeds
  • At last, test the account and download the bank feed transaction.
  • If the same message appears on the screen, then the user needs to contact the bank.

You may also visit: How to Troubleshoot the QuickBooks Error 6144 (A User’s Guide)

This error might occur when the user tries to connect to the bank account in QuickBooks. It is basically an online banking error, which is a common QuickBooks desktop banking setup error. It is also a bank feed error that might be caused as a result of an inactive bank account. The user might also experience this issue when the bank is unable to authenticate the QuickBooks connection to the bank. To learn more about bank feed errors in QuickBooks, make sure to read the post till the end.

What leads to QuickBooks error 1016?

One might experience the following error due to the below factors:

  • One of the most common reasons can be if there is any issue with the bank
  • Another possible trigger can be if the bank has altered their service offering, web connect or direct connect
  • Also, if the user is unable to change the name of the bank due to the bank merger, then experiencing this issue is common
  • The user can also end up in such an error if the account turned on to be used for online banking could be inactive
  • Moreover, if the servers of the bank aren’t reachable
  • Another possible trigger for the same can be if there is any internet connection issue
  • Or if there is an error in the accounts registered in the company file
  • Any corrupted download/import format can also trigger such an error in QuickBooks
  • Using an old windows or QuickBooks version can also trigger such an error in QuickBooks

Steps to fix the error

The user can try to perform the steps to create a new sample company file in order to fix the QuickBooks error code 1016. The steps involved are as follows:

  • The very first step is to open QuickBooks and navigate to the file menu
  • Once done with that choose the new company
  • The next step is to click on the express start
  • Followed by adding the bank account that was creating the issue in the new company test. And then set up the account for the bank feeds
  • At last, test the account and download the bank feed transaction.
  • If the same message appears on the screen, then the user needs to contact the bank.
  • The user can try to perform the steps to update QuickBooks Desktop to the latest release and get rid of such an error in QuickBooks. Below are the steps involved in this process:
  • The very first step is to close the company file and QuickBooks.
  • Once done with that head to your Windows Start Menu.
  • Now look for QuickBooks Desktop and hit a click on the icon
  • After that right-click and select Run as Administrator.
  • If you’re on the screen that says No Company Open screen, then go to the Help menu and then choose “Update QuickBooks Desktop“.
  • The user should then click on your Option tab.
  • And go for “Mark All” and then click on the Save option.
  • Once done with that click on the Update Now tab and choose Reset Update checkbox.
  • Now select the option to Get Updates
  • In case of the software is not installed properly or some file was not loaded properly at the time of installation, then such an error can be experienced
  • Moreover, if an error occurred in updating the software
  • Another reason can be if there is any system configuration issue or any sort of technical error, the user could end up in the error code 7010.

Possible steps to fix the issue:

The below set of steps can help the user in eliminating the error code permanently. Let us have a look:

  • At first, the user needs to press F2 key to verify the company file.
  • Now head to the Intuit Sync manager, and navigate to the right and also click on the company file
  • After that go for the company file area to check the location of the company file in the adjust supervisor.
  • The user needs to make sure that the file location is similar to both the windows.
  • In case the locations are not the same, then the user needs to close the company file in QuickBooks and also open the company file in the remedy area.
  • Now, reset the sync manager and also try to integrate the company file again.
  • At the end check if the issue is resolved and try to access the file again

With this, we come to the end of this blog, where we have tried to list the complete set of steps that can be followed to fix the QuickBooks error code 15221. We hope that the reader might be able to eliminate the issue using the set of steps listed above.

By the end of the post, we expect that the reader might be able to eliminate the QuickBooks error code 1016 successfully. However, if the error continues for some reason even after performing the steps listed above, then in that case reaching out to our tech team is recommended. We are a team of certified QuickBooks premier support professionals who work round the clock in providing immediate support and assistance. You can give us a call at +1-888-351-0999 and our team will provide you with instant support and assistance.

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