How to Get Rid of QuickBooks Error 88888 in 4 Steps

 QuickBooks error 88888 may appear when you attempt to connect to Capital One for the first time. This can prevent you from downloading your bank transactions. You could see the following error message on your screen:


“Sorry, we’ve run into a problem. QuickBooks is having trouble connecting to Capital One Credit Cards.

Your Options:

-Try again later: This is a temporary issue and will be resolved in a day or two. Try to set up your Capital One Credit Cards then.

– 88888 accounts associated with this customer ID have been synced with QuickBooks’ bank feeds. If otherwise, contact your financial institution.”



 When downloading transactions from Bank of America, a similar error message may appear, as shown below.


“You’re no longer connected to Capital One – Credit Cards. Set up your connection again to continue using bank feeds.”      


If you want to disable the bank feed for the account to rejoin it, you may see error warnings similar to the one below.

“Your attempt to deactivate the account failed. Try again after some time. If this error persists, contact your administrator.”



The good news is that basic methods can be used to fix these error messages successfully. Let's read the text further to understand the many causes of this problem and find pertinent answers.



You can contact an experienced QuickBooks specialist by dialing TFN (855)-955-1942 if you require prompt assistance in fixing the QuickBooks error code 88888.




Why Does QuickBooks Desktop Give You Error Code 88888? 


The following are all of the leading causes of QuickBooks error 88888: 


  • QuickBooks Desktop is no longer up to date

  • The QuickBooks company file may be corrupt

  • The installation of QuickBooks may be faulty or lacking

  • There is a problem with QuickBooks and Windows OS not working together

  • There is a slow or erratic network connection

  • We will go on to the next section to identify suitable fixes for the mistake now that you are aware of its leading causes



2 Tested Methods to Fix the QuickBooks Error 88888

Let's promptly put all of the remedies listed below into practice in the appropriate order:


Method 1: Create a New Account for Bank Feeds

The easiest method to resolve QuickBooks issue 88888 is to deactivate the bank feeds account and make a new one. Here's how to accomplish that: 


  1. Turn off the bank feed account

The procedures to deactivate the bank feed account are as follows: 


  • Select the Chart of Accounts option from the Lists menu

  • Click Edit Account after performing a right-click on the account you want to disable

  • Press the Bank Settings button

  • Select Deactivate all online services, then OK

  • Click Save & Close at this point



  1. Create New Bank Account

  • To set up a new bank feed account, follow these steps: 

  • Go to Lists >> Chart of Accounts

  • Right-click anywhere on the Chart of Accounts window and click New

  • Choose Bank in the Account Type field

  • Fill in the account name of that bank in the Account Name field

  • Click on Save & Close when finished



  1. Combine both bank accounts

As explained below, you can combine the two accounts by giving the old bank account the name of the new account. 


  • Select Edit with a right-click on the previous account

  • In the Account Name field, enter the new account's actual name

  • Select Yes when the merging warning dialog box appears

  • Transactions in the new bank feed account are now available for download. If you continue to get QuickBooks problem 88888, you should try the following fix



Method 2: Manually Close the Previous Bank Feeds Account 

In QuickBooks, the 88888 error number can be easily fixed by manually deactivating the previous bank feeds account. You must export the chart of accounts to Excel, make changes to the file there, and then import it back to make these changes. This is how to achieve it:


  1. Chart of accounts for export

The chart of accounts can be exported to an IIF file in the following manner:


  • First of all, make sure to quickly switch to single-user mode if QuickBooks is currently running in multi-user mode

  • Now select the Utilities tab from the window's File menu

  • After selecting Export, select Lists to IIF Files

  • After choosing the Chart of Accounts, click OK

  • Browse the IIF file and select the location where you want to store it

  • Enter the filename. Choose Save now

 


  1. Modify the Excel IIF file

Let's move forward and make the following changes to the IIF file in Microsoft Excel: 


  • Open the File menu in Microsoft Excel

  • After selecting Open, navigate to the IIF file's saved location. Select All Files from the File type dropdown if you are unable to find the IIF file

  • Click on the IIF file now, then select Open

  • Select Next and Finish as necessary when the Text Import Wizard appears

  • To find QB ONLINE, scroll down

  • Change Y to N in each of the following columns:

    • OLBANKING

    • OLBILLPAY

    • OLENABLED

    • OLTAB

  • Select Save from the File menu. You can continue to use the current format by clicking Yes

  • Lastly, shut down Microsoft Excel


  1. IIF file import into QuickBooks

Finally, you must import the IIF file into QuickBooks Desktop using the steps outlined below: 


  • Open QuickBooks Desktop

  • Select Import from the File menu

  • Choose the export from IIF files option now

  • Open the folder in which the IIF file was stored

  • After selecting the appropriate IIF file, click Open

  • Lastly, when you receive a confirmation stating that the import was successful, press OK. Verify that the lightning bolt or blue circle has disappeared to confirm that the bank account has been deactivated. Chart of Accounts, then Open Lists


Do you want to know about the QuickBooks Error 15240? Then visit this blog

Winding Up

Talk to our QuickBooks cloud hosting providers at TFN (855)-955-1942 to easily troubleshoot bank feeds, web connect import issues, and errors, and learn cost-effective troubleshooting techniques for your company. We can be reached by phone.





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