A bank connection error appears on your screen when you connect your QuickBooks account with your bank or the credit card server, and then you will face the QuickBooks error 350 on your desktop.
You also get an error message, “Error 350: Verify ToC: Verify has failed due to an error under Transfer of Credits related to Invoice.”
It may occur when your old system doesn’t work or when you're unable to set up a new connection. Proceed to this blog to know about its root cause and the rectifying steps.
Specific Instances When You Encounter the QuickBooks Error 350 on Your Desktop
In this section, you will understand why you get QuickBooks error 350 while connecting to your bank account.
Take a look at the list below:
While creating invoices or processing, you may get interruptions or issues
Might the Wells Fargo Account connection not work, and the security questions don’t match
While creating invoices or processing payments, you get an interruption
There might be an issue in connecting to your bank server
Note:- QuickBooks Error H202 stops multi-user access by blocking server communication, and resolving network conflicts restores smooth company file sharing across workstations.
2 Recommended Resolutions to Eliminate QuickBooks Enterprise Error 350
Fix error code 350 related to the bank connection by first resolving your bank account's connection.
Follow the steps discussed here:
Step 1: Reconnect the bank or credit card account
First, you have to move to the Bookkeeping tab > followed by Transactions > select the Banking section
Hit the Bank Accounts option
Then mark the blue square box next to the bank account you need to reconnect
Click on the Sign in link > and enter your login credentials that you utilise to log in to your bank’s website
Now, select the accounts from where you wish QB to download transactions and click Continue
After this, as you’re ready, click the Update option > get the latest transactions under your bank directly into the application
Step 2: Find the transactions, followed by deleting or recreating them
Locate the transaction that is creating the issue
Move to the Reports segment, which you will find at the top
Then, go to the Customer & Receivables option and click on the Transaction List by Customer
Now, click on the Customize option
Then, in the Display window, move to the Filters
In the Filter box, type the word Transactions Type and hit OK
Then, locate the invoice and click twice on the transaction and open it
At the end, click the Delete button
The Invoice should be recreated
There are two steps to create an invoice, as discussed below:
(i) Generate an invoice from Scratch
First, you need to go to the Home screen or the Customers menu > hit Create Invoices
Then, under the Customer menu, click Job page, then select the customer or customer job option
If you do not locate the customer or job option on the list, then hit the Add New option
You must fill in all the required information in the form, such as Date, Invoice #, Bill to/Sold to, and Terms
At the end, in the detail area, select the item or items
(ii) Generate an invoice for a sales order
Under the Sales Orders window, click on the Create Invoice option
When a new prompt pops up on the screen, you need to select:
Pick the Create invoice for each of the sales order(s) and add all the items from the sales order to the invoice
Then, choose the Create invoice for selected items option, in case you want to add only some of the items to the invoice
Now, make the required modifications in the Invoice, and then Save and Close
Discover more:- Windows Firewall connection sharing not allowed appears when blocked permissions restrict network access, and adjusting security settings restores seamless system connectivity instantly.
Conclusion
The QuickBooks Enterprise error 350 makes the process difficult to connect your bank to the application, but we hope that with this blog and the troubleshooting procedures, you will be able to rectify this. If not, dial +1(855)-510-6487, connect with our QB tech team, and they will listen and resolve your queries.
QuickBooks Error 350 FAQ
What causes QuickBooks Error 350
QuickBooks Error 350 occurs when QuickBooks cannot sync with your financial institution due to outdated login details, bank-side maintenance, expired connection tokens, or security verification issues. The disruption prevents the software from downloading or refreshing your latest banking transactions.
How does outdated banking information trigger QuickBooks Error 350
Outdated credentials stop QuickBooks from gaining secure access to your account, and the system responds by showing Error 350 because it cannot authenticate the connection. Updating your bank ID and password is often required to restore smooth syncing.
Can bank maintenance cause QuickBooks Error 350
System maintenance or temporary outages at your financial institution can cause a sync interruption, leading QuickBooks to display Error 350. Once the bank completes its updates or restores its servers, the connection typically becomes stable again.
Why does QuickBooks stop downloading bank transactions
QuickBooks stops pulling new transactions when it detects a failed connection between the software and your online banking. Error 350 appears when the platform cannot verify login details or when the bank blocks access due to a security mismatch.
How does reconnecting the bank account help with QuickBooks Error 350
Reconnecting the account forces QuickBooks to refresh the link with updated authentication, which removes outdated tokens causing the error. This action reestablishes communication and restores smooth transaction downloads.
Is QuickBooks Error 350 related to security verification
Security updates from your bank can sometimes require additional verification steps, and if QuickBooks does not receive the required confirmation, Error 350 appears. Completing bank-level security prompts often resolves the issue instantly.
Can multi-factor authentication trigger QuickBooks Error 350
Multi-factor authentication can delay or block data syncing if QuickBooks does not receive the verification code in time. When this happens, the error appears until a fresh authentication cycle is completed successfully.
Does changing online banking passwords cause QuickBooks Error 350
Changing your banking password can break the existing link with QuickBooks, leading the software to display Error 350 until the new credentials are entered. Once updated, QuickBooks can restore access to your transaction feed.
Can outdated QuickBooks versions cause Error 350
Older QuickBooks versions may struggle with bank compatibility and fail to maintain stable connections, causing Error 350 to appear more often. Updating the software ensures the connection protocols align with banking security standards.
Why do some users see QuickBooks Error 350 repeatedly
Repeated encounters with Error 350 often show that the banking connection expires frequently, the institution requires frequent verification, or outdated sync data remains cached. Refreshing the banking link usually stops the recurring loop.
Does bank-side security enhancement trigger QuickBooks Error 350
Bank security enhancements sometimes block automated connections until the user confirms identity or accepts updated terms, leading QuickBooks to show Error 350. Completing required verification normally restores the connection.
How can incorrect account mapping contribute to QuickBooks Error 350
If an account is incorrectly mapped or connected to the wrong financial feed, QuickBooks cannot pull the correct data and displays Error 350. Verifying the account mapping ensures the right feed connects to the correct QuickBooks register.
