What is QuickBooks Error OLSU 1024? Reasons & Solution

QuickBooks Error OLSU 1024 is an online banking error that occurs when the QB is not able to create a bank account to sync bank feeds. However, there are few more causes to this same error.

To get rid of this error, you must read all the solution steps mentioned in this article. However, there are numerous technical barriers you may face with the QB online banking feature, and QuickBooks error OLSU 1024 is one of them.

Don’t waste your time if you need quick guideline; feel free to connect Toll-Free Number +1(800) 280-5969; our support representative is available with clear guidelines.

Why Error Code OLSU 1024 Trigger?

While opening online banking system, it requires access to FIDir.txt file that keeps the details about your financial association. Therefore, QuickBooks update error OLSU 1024 occurs due to the old version or missing FiDir.txt File. An error message pop-up on your display as:-

(An error occurred while updating the branding files! Please restart the Online Banking Setup Wizard to provoke the update process again.)

The Causes for Message OLSU-1024 Mentioned in Detail

There are several causes that lead to QB error message code OLSU-1024. To know these causes follow the below-listed reasons:

• Malicious viruses and malware infecting the QB company file are common causes for this error.
• If your QB software is not updated to its latest release, then it occurs error OLSU_1024
• FIDIR is not stored in the recommended place.
• It can be your Financial Institution Directory (FIDIR), which is unable to record your bank’s information.
• Due to Windows corruption, the QB error OLSU-1024 may also occur.

How to Fix error OLSU-1024?

There are many more troubleshooting steps to get rid of this error, by going through the below-mentioned solution you can fix this error quickly.

Solution 1- Repair QuickBooks

If you repair QuickBooks, then it means there will be no damage or no corrupt company files in the accounting software that can cause OLSU 1024 error.

• First of all, press Windows and E keys on your keyboard.
• Then, click Uninstall or Change a program.
• Now, select QuickBooks and then proceed additional to click Uninstall or Change.
• On the QB installation window, you can see another window.
• After that, on the new window, tap Next and then repair the company files by selecting the Repair option.
• At last, follow the given series of selections- Next> Repair>Finish, and it is completed.

Uninstall The QB Desktop

• In your Windows desktop
• Firstly, please move to the Start menu, and then click on Control Panel to open it
• In the window of Control Panel
• Click on Programs and features
• Then from the list of programs, select QuickBooks
• After that, right-click on it and click on Uninstall/Change
• Then select the option Uninstall
• Follow the steps to uninstall the program properly from your Computer
• At last, you are done with Uninstall QuickBooks desktop correctly.

Reinstall The QuickBooks Desktop

• If you have the downloaded .exe file of the QB
  • Then go to that file location
• If you don’t downloaded.exe File of QB
  • Then download it from the browser
  • Please save it to your required location
  • After that, go to that downloaded .exe File of QuickBooks
• Now, double-click on the .exe file to start the installation process
• In the installation wizard, follow the steps shown by clicking on Recommended installation type
• Follow all steps and then finish the installation
• At last, you are done installing the QB Desktop program into your Computer.

Solution 2: Update The Financial Institution Directory. 

• First of all, access the files through path C:\ProgramData\Intuit\QuickBooks 20XX\Components\OLB\branding\files.
• Then, rename the fidir.txt to fidir.old
• Now, right-click on QuickBooks, and then select Save Link As
• After that, you have to save files on your Desktop.
• First, copy the fidir.txt that you had downloaded and paste it into the first folder.
• Now, you will have to right-click on the fidir.txt, copy it, and then press the Windows key with E. This will open the Computer. In the first folder, paste the File.
• At last, you should set up the account by opening QB desktop.

Solution 3: Clean Install of QuickBooks Desktop

QuickBooks clean install tool is one of the best tools regarding the common errors of QB. Basically, it helps to clear junk files and save you from the upcoming common mistakes, so follow the steps:

• When none of the above mentions methods work to resolve the bug, obtaining a clean install of the QB Desktop might work.
•  The QB users can take help from QuickBooks Clean Install Tool to fix the issue.
•  After this process, the User needs to rename the installation folder and reinstall the software.

Suggest you install an antivirus and a malware removal tool to remove any infections present on Windows.

Solution 4- Update your QuickBooks Desktop Application

If your QuickBooks software is updated, then it can stop a wide range of technical loopholes at the basin. So, follow the below-mentioned step to know the instructions for Update:

• First of all, verify the latest version of the QB software by dwelling the Update to the Latest update page.
• Now, your QB product should be picked automatically on the update page. If not, then choose it manually by tapping the Change button.
• You will be asked to select between the two methods to update the QB. Make the proper selection and move to the next step.
• At last, wait for the update to be fully complete. 
• After that, restart the QuickBooks application.
• Examine whether QuickBooks error OLSU-1024 is fixed or move to the next solution.

Solution 5 – At Last, Edit Preferences for fidir.txt File

To resolve this error, OLSU 1024 follows the final solution. To know how to use this solution, follow the below-mentioned step:

• At first, Reach fidir.txt File by pursuing the given path-
• Now, follow C:\ Program Data\ Intuit\ QuickBooks 20XX\ Components\ OLB\ branding\ files.
• After that, find the File and right-click on it to open the drop-down list.
• From the drop-down, choose Properties.
• Then, checkmark the checkbox against read-only and apply the changes.
• In the end, after saving the changes, set up your online bank account in QuickBooks to examine the status of error Code OLSU-1024.

Solution 6 – Run the QuickBooks Install Diagnostic Tool in QuickBooks tool Hub

• First of all, download the latest QuickBooks Tool Hub.
• Then install the downloaded File.
• After that, open the Tool Hub and select the Installation issues tab.
• Click the QuickBooks Install Diagnostic Tool option.
• Wait for the Tool to repair the installation issues.
• At last, exit the window, reboot the Desktop, and reopen QuickBooks.

Conclusion

Hello QB users, we have discussed all the effective solutions in the above-mentioned article. However, the most essential point is to Repair and update the QuickBooks desktop. After trying all the solutions, if you are still struggling to fix the OLSU 1024 error message, then connect with given TFN number +1(800) 280-5969 and get a quick assistance with QuickBooks ProAdvisors.