QuickBooks is accounting software used by small businesses to manage and keep track of all the company’s income and expenditure. This software is used for creating invoices, paying bills, preparing tax reports, and much more. QuickBooks is available for desktop as well as online.
5 Ways Businesses use QuickBooks
- Create and track Invoices for customers
- Tracking income and expenses
- Financial statements for businesses
- Tracking inventory
- Scanning Receipts
Businesses prefer using the desktop version of QuickBooks because it has many features that are not available in the other versions. The only disadvantage of using the desktop version of this software is that it is prone to errors—the main reason for these errors in the configuration settings. But do not worry, these errors can be resolved. H505 QuickBooks error is the most commonly occurred error in the QuickBook desktop version.
This blog will discuss the reasons for the Quickbooks H505 error, symptoms, and how to resolve this error.
Reasons for QuickBooks H505 Error
this error mainly occurs when the user switches from single-user to multi-user on QuickBooks Desktop and cannot establish a connection with the server.
The other reasons for the H505 QuickBooks error are:
- ND file is incorrect or damaged
- You cannot find the IP address
- No proper hosting configuration
- Firewall configuration
- DNS setting
How to identify QuickBooks H505 Error?
The most common way to find the H505 error is with the help of a pop-up message box. The other ways to find out the H505 bug is when
- You are not able to work on multi-user mode
- Cannot open QuickBooks company file on the server
- Application crashes frequently
- None of the input methods work, and the application becomes unresponsive
- The application becomes very slow and takes a lot of time to load
Here is a list of things you need to remember before you start to fix H505
- Make sure your QuickBooks is appropriately installed on your desktop.
- It is important to install QuickBooks on the server because it helps to use the QuickBooks multi-user feature.
- Make sure you download the desktop version from the official website only to make sure the software works properly.
Steps before you start with Error H505 fixation
- Create a host file backup to keep all the data safe.
- Check if there are any updates available for the desktop version.
- Run QuickBooks Database server manager to make sure everything is all right with the server.
QuickBooks H505 Error Fix
Here are some of the ways to resolve the H505 error
Way 1: Set up your Firewall
Step 1: Click Start, and click on Control Panel.
Step 2: Click on the Firewall setting in the Control Panel.
Step 3: Once you are on the Firewall settings page, click on “Allow a program through the firewall.”
Step 4: Click on Add Program, and add QuickBooks 20xx to the exception list.
Step 5: Once you are done, restart your computer, it helps to apply the changes.
Way 2: Check the QuickBooks Hosting Settings
Step 1: Open the application on both the computers you are using.
Step 2: Click on “File” available on the top corner. Then go to “utilities” and click on “stop hosting multi-user configuration.”
Step 3: Then turn on the hosting by going to file > utilities > host multi-user configuration on some computer.
Step 4: Once you are done, restart the application on both the system to ensure it is working correctly without any error.
Way 3: Check and Change the QuickBooks Folder Location
Step 1: Create a folder on your computer, share it, and set windows access permissions to share your company files.
If you cannot access your file server, take help from an IT professional.
Step 2: Once you have created a folder, copy the .qbw file to the newly created folder.
Step 3: Once you are done, open your company file with the multi-user mode.
QuickBooks is the most recommended software for analyzing your company’s income and expenses, creating invoices and financial statements. You need to make sure you work out the steps mentioned above and methods to eliminate the errors that occur in the software.
Read Also: QuickBooks Refresher Tools – Download, Installation, Benefits, and How to Use