When you go to resolve the quickbooks error code ol 232, make sure you create a backup of your QuickBooks company file. Match the pending downloaded transactions. Log in to your bank website through the web browser (outside of QuickBooks) and make sure you don’t have any pending alerts. Also, make sure that the Windows firewall does not block the connection to QuickBooks. Check your QuickBooks version. If it is unsupported then upgrade your version. Update the Internet Explorer to the latest version. Also, check if you receive an error in Bank Feeds Classic Mode. If not then it indicates the file from the bank is working best in Classic Mode. However, if you receive the error then you can repair the error. Fix banking errors using effective methods such as check the bank file compatibility, configuring the internet settings, reactivate the bank account, check pending updates, and download bank transactions in a new test file. Furthermore, you can merge your bank account with the old one, refresh your bank connection, set up online banking for other accounts, and use verify and rebuild utilities. By using verify and rebuilt utilities, updating the Financial Institution Directory, repairing QuickBooks, editing preferences in the fifir.txt file, or checking the hidden account.
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Fix 1: Check If Bank File is Compatible with QuickBooks
A compatible bank file should be used to ensure that QuickBooks is able to work as usual. Since you may be using a file that is incompatible, the error OL 232 may be seen in the software. QuickBooks is supportive of the .qbo file format. Files following this format can enable you in viewing the downloaded transaction files. Other file formats may not be well-suited for the software. However, changing the format of your files can help in accessing them without seeing the error code OL 232. You can change it from the website of your bank.
Log in to your bank’s website.
Locate the bank transaction to download it in the “.qbo” file.
Now, import the bank transaction to the “QuickBooks” program.
Fix 2: Enable TLS 1.2 in the Internet Properties
The disabling of TLS 1.2 can give rise to some faults in the internet settings. These faults can hinder the operations of QB and lead to the OL 232 error. Therefore, you should check the security protocol that is being used. Using Run, you can find the Internet Properties. In Security, the protocol can be checked. The option mentioning Use TLS 1.2 can be selected. The user will have to apply the changes made for saving the internet settings.
Push the keys shown here in one go:
“Windows” + “R” Keys
Type “INETCPL.CPL” in “Run”.
In the window of “Internet Properties”, select the “Advanced” tab.
Scroll down to the “Security” section.
Place a checkmark for “Use TLS 1.2”.
Click on the “Apply” button.
Press “Ok”.
The internet settings will be adjusted now. Restart your computer.
Open “QuickBooks” after restarting your system.
More info: Cloud Based QuickBooks | Convert Quickbooks Online to Desktop
Regards,
Bruce