One can experience such an error when he/she tries to connect to the bank account in QuickBooks. This is an online banking error, which is a common QuickBooks desktop banking setup error. Moreover, it is a bank feed error that might be seen due to an inactive bank account. There can be various factors causing QuickBooks error code 1016, which we will be discussing later in this post. Thus, if you are interested in knowing what those factors and fixes are, make sure to read the post till the end or you can also get in touch with our experts at +1-888-351-0999and we will provide you with instant support services.

 

Why QuickBooks error 1016 occurs?

Below reasons can trigger such an error in QuickBooks:

·         In case there is any issue with the bank

·         Or the bank could have altered their service offering, web connect or direct connect

·         If you are unable to change the name of the bank due to the bank merger.

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

·         Another reason can be if the servers of the bank aren’t reachable

·         Or if there is an issue with the internet connection

·         In case accounts registered in the company file are causing issue

 

Steps to fix QuickBooks error code 1016

Below steps can help the user in fixing the issue successfully:

Create a new sample company file

Creating a new sample company file helps in knowing if the issue is with the bank or their server. The step to be followed are:

·         The very first step is to open QuickBooks and navigate to the File menu

·         And then, select the new company

·         Now, click on the express start

·         After that, in the new company test, the user needs to add the bank account that was creating the issue.

·         Also set up the account for the bank feeds

·         At the end, 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.

 

By the end of the post, we expect that the reader might be able to eliminate QuickBooks error code 1016. However, if for some reason the error continues, then getting in touch with our QuickBooks premier support professionals at +1-888-351-0999 is recommended. We are a team of technically sound professionals who work round the clock to come up with immediate support services.