Financial Services

QuickBooks users who use Direct Deposit for payroll must update their account information according to new Federal Compliance Rules after the maintenance release. This includes updating the Principal Officer, Address, Physical Address, SSN, and other business info before a specified date. A warning message will appear in the Payroll Center prompting users to update their account info.

If users encounter QuickBooks Error Code 40001, they will need to follow troubleshooting solutions before submitting the updated account info to Intuit due to technical issues. You might see the following error message on your desktop screen:

What may Causes of QuickBooks Error 40001?

There are several reasons why QuickBooks error code 40001 occurs. Some of the most common causes include:

●        To activate or run payroll in QuickBooks, you must have admin rights.

●        Issues with running or activating payroll may also be caused by corruption in the company file since payroll data is saved there.

●        QuickBooks Desktop's Company Realm ID may not match what Intuit has on their end due to technical glitches between the program and the Intuit server.

●        This error may occur if the installation of QuickBooks Desktop has been tampered with, such as through accidental deletion of program files or interference from other programs.

●        The same error can occur if your QuickBooks Desktop or payroll tax table is not up to date with the latest updates.

●       If Internet Explorer is not set as the default browser on your Windows operating system, you may also get the error.

Method 1: Update Payroll Updates and QuickBooks Desktop

●        Launch QuickBooks Desktop with administrator privileges and navigate to the Help tab.

●       From the Help tab, choose the option to Update QuickBooks Desktop.

●        In the Update QuickBooks window, click on the Update Now tab.

●       Click on the Get Updates button and wait for the download process to complete.

●        After the download finishes, restart QuickBooks.

●        Next, select the Install Updates option and go to the Employees tab.

●       From the Employees tab, choose the Get Payroll Updates option from the drop-down menu.

●        Select the Download Latest Updates option and wait for the download to complete.

●       Once both QuickBooks Desktop and Payroll are updated to the latest version, try activating direct deposit again to see if the QuickBooks error 40001 is resolved.

Summing up!

If none of the previous troubleshooting solutions works for QuickBooks Error 40001, then the issue may be related to problems with the Realm ID. To get help with this process, you can call us at 1-800-615-2347. Our QuickBooks desktop error support will be happy to assist you.

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