Quicken is surely a great tool to track your expenses or finances and it offers some great features to the users. Though it is great software, it is common to face issues while using the application. In this article, we have talked about two different errors Quicken CC501 error and Quicken OL220A error. Quicken Cc501 is an update error whereas the OL 220A is a banking error. In this post, we have explained to you why you face these errors and how you can resolve them.
Error Descriptions
Quicken CC 501 Error
As we have mentioned, this is an update error that appears on the screen while you update the account on the system. It can also occur while downloading the latest transactions. You can face this issue because of different reasons. Such errors can also lead to other errors like Quicken won’t open or Quicken CC503 and others.
Quicken Error OL-220-A
Now, this is a bank-related error that you can face while using the Quicken application. This error usually occurs when the application is not able to get the information obtained from your bank. It simply means that the required information is no more present in the system. So, you will not be able to reach the bank website or get/share any information.
Reasons for facing Quicken Error CC 501 and OL 220 A
These errors can occur because of different reasons such as:
- The Quicken application that you have downloaded is corrupted.
- You may have not completed the installation process properly.
- There is some malware attack on the system.
- Next, there are chances that the Quicken records are corrupted or damaged.
Solutions to Fix the Errors
Solution 1: Refreshing Accounts
- To begin with, you will have to select the option for my account.
- Next, you need to press and hold the Alt, Ctrl, and U keys together.
- In the next window, you will have to type your credentials correctly.
- After this, you will have to choose the update now button.
Solution 2: Updating Quicken
If you have an outdated version of the Quicken application, you can come across different errors like Quicken OL 220 A, Quicken won’t open, Quicken CC 501, and many more. So, you need to make sure to update the application to the latest version. You can do it by clicking on the Help menu and then choose to check for the updates.
- For this, start the Quicken software on your system.
- In the application window, find the help option and click on it. from the menu, choose the option to check updates.
- When found, you will have to click on the update option and then install the same on the system.
- Now, a prompt will appear on the screen confirming the action. You need to click on the Yes button.
- The update process will then begin. Wait for it to complete. In the end, check if the error is resolved.
Solution 3: Changing CC Credentials
- First, you will have to click on the tool tab and then choose an online center option from the menu appearing on the screen.
- Next, you need to press and hold the Shift and Ctrl keys. Now, you need to reset the credentials.
- To complete the reset process, you will have to follow the instructions appearing on the screen.
- After resetting the credentials, you will have to open Quicken again and then use the new credentials to use the account.
Solution 4: Activating or Deactivating Account Showing Error
- To start with, click on the tools option and then click on the account list.
- Under this, you need to look for the account showing an error and then click on it to edit it.
- In the next prompt, you will have to click on the online services tab. Choose to deactivate.
- After this, you will have to click on the Yes option to confirm your actions.
- In the end, click on the OK button and then click on done.
When done, you will have to make sure that your Quicken files are secure.
- For this, you need to click on the File menu and then select file operations.
- Next, choose the repair and validate option.
- Now, make sure to tick the mark for Validate file and then click on the Ok option.
- When the process will complete, you can use the Data_LOG file.
- After this, hover to the tools tab and choose the Account lists option.
- Click on the edit option and then choose the online services option.
- Click on the setup option.
- Under this, you need to type the credentials of your bank.
- When done, click on the connect option.
Solution 5: Install Quicken Again
- For this, you need to open the Run window on the screen by pressing the Windows key and R key together.
- Next, you need to enter appwiz. cpl and hit the enter key.
- Now, the programs and features tab will open on the screen and you need to look for the Quicken application.
- You will now have to choose to uninstall it from the system.
- When done, follow all the instructions appearing on the screen to complete the process.
- When uninstalled, you need to install it again on the system from the official website or using a CD.
Final Words
So, these were some of the basic methods to resolve the Quicken CC 501 and Quicken OL 220 A errors. In case the errors persist, you can seek help from technical experts.
You may also read – Quickbooks File Doctor