It took no time for Quicken to become a household name. This ace financial manager has everything one can ask for. It runs well on every platform, including mobile screens. Moreover, its features are tailor-made to function perfectly in every scenario. It also has a very effective UI that makes functioning all the easier. However, there are minor issues that happen during its time. The best example of it would be the Quicken Error OL-294-A.

 

What is the Quicken Error OL-294-A?

The Error OL-294-A pops up when you proceed to update an account using Quicken’s online services. The main reason behind it is that the application did not receive a response from the server. It can be due to issues on the bank’s side as well.. Let us list out the causes in a nutshell:

  • The server gives an unforeseen response
  • You are using an outdated or incorrect combination of username & Password
  • There is a server outage (probably temporary) on the bank’s end.

 

Before we proceed to the fixes there are a few things to take care of. Let us mention them.

 

First, Make a Backup of the Data File

This is more like a safety net. You should always have a backup, even if there is no error. This helps you in case of any mishap.

  1. First, you need to launch Quicken.
  2. After that, go to “Backup and Restore”, and then opt for “Backup Quicken File…”
  3. Finally, you need to click on “Backup Now”.

 

Second, Switch off Automatic Download Transactions into Register

This step prevents duplication. To do this:

  1. Launch Quicken, and after that go to “Edit > Preferences…”
  2. Now, go to Downloaded Transactions. Next, you have to unmark the Automatically add to banking registers.
  3. Finally, hit OK.

 

Easy Ways to Resolve the Quicken Error OL-294-A

You now have a fair enough idea of the Error OL-294-A. It happens mainly due to connectivity issues. However, there can be a possibility that something is wrong at your end. In this section, we will cover the various techniques to fix it. Let us proceed to the main section.

 

First Fix: Update Quicken

  1. First, you need to launch the software. 
  2. After that, reach out for Help > Check for Updates.
  3. If an update is available then proceed to download it.
  4. Finally, install the downloaded update.

 

Second Fix: Refresh Online Account Details

  1. First, you need to navigate to the Account.
  2. Next, you need to wait for the account register to open.
  3. After that, navigate to the gear icon on the top-right. Click on it and a drop-down menu pops up.
  4. Next, click “Update Now” (or hit Ctrl+Alt+U).
  5. After that, the screen asks you to enter a vault or bank password.
  6. Next, you need to click Update Now
  7. Finally, check the accounts again.

 

Third Fix: Wait for a Business Day

This would be helpful if the issue is at the bank’s end. If the bank’s server is facing an outage, there is a chance that it gets fixed in a day. If it does not, then either wait for another day. Or you can get in touch and ask the bank about the same.

 

Fourth Fix: Verify Account Information and Password

  1. To check information, go to Tools > Account List.
  2. After that, click on Edit to the account that is in question.
  3. Next, you have to select the General tab. After this, verify your account info. This includes account number, customer id, etc.

 

To change the password, you need to

  1. Navigate to the option Tools > One Step Update…;
  2. After this, you need to uncheck all the other banks. Just keep a tick on the problematic one.
  3. Finally, you need to enter the password and hit Update Now.

 

To conclude, the Quicken Error Code OL-294-A is fairly simple to resolve. It needs just a bit of patience. It might even resolve by itself if you give it some time. If there is no issue at the bank’s end, use the fixes present in this blog. However, please make sure that you keep a backup ready for worst-case scenarios.

 

Source Url- https://quicken-support-help.mystrikingly.com/blog/troubleshooting-the-quicken-error-ol-294-a-with-simple-steps