How to Fix QuickBooks is Unable to Verify the Financial Error

QuickBooks Unable to verify financial institution error usually happens when you try to download or import the transactions from your bank. 

What causes QuickBooks Unable to verify financial institution error?

  • Issue with the web connects. 
  • Files from the bank are incomplete. 
  • Bank files may be in the wrong format. 
  • There may be some issues at your bank’s end. 

Ways to fix the QuickBooks Unable to verify financial institution error? 

To fix this, you need to follow these steps: 

  1. First you have to download the web connect file by signing into the bank’s website. 

And then you have to download the .qbo file. 

  • You need to download the .qbo file from your bank and also change the way you see QuickBooks notification, so you need to keep a check with the notifications from the bank. 
  • You need to check your bank’s website for verification requests, for this bank may ask for your identity. 
  • Then you have to reach to the banking menu and then choose ‘Change Bank feeds mode’.

Now import the .qbo file. 

  • You have to create a test company file and then choose the Start Setup and fill the required fields and then import .qbo file for test file. 

If the transaction exists in the test company file. It means the original company file is having issues; you need to disconnect the account and then reconnect the account. 

Hopefully, the error is now fixed. If you feel that you need more help, you can reach out to QBSsolved at +1(888) 910 1619. 

Source: https://qbssolved.wordpress.com/2021/03/15/how-to-fix-quickbooks-is-unable-to-verify-the-financial-error/

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