QuickBooks Error code cC-501 [Fixed]


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QuickBooks provides a lot of advanced features like Online banking & reconciliation, keeping track of employees, and inventory management. But, while updating an account with the inline services you might face an issue as it will not update and show you a QuickBooks Error Code CC-501 on your screen. Many users find it a very confusing error and can’t find the right solution to fix it. Well, you are on the right page as after reading our instructions you can eliminate QuickBooks error cc-501 in seconds. Let’s start.

What is QuickBooks Error Code CC-501?

QuickBooks Error Code CC-501 prevails when you are trying to update your bank account using online services or it might arise due to issues in your script. You see this error mainly in OS 7,8, and XP Windows. It is not a common error and users find it a little confusing. But, you don’t need to panic as we will provide the best and the easiest methods.

What Causes QuickBooks Error Code CC-501?

To know how error code CC-501 arises. Let’s see the causes of QuickBooks error cc-501:

Attacked by malware

  • The system is attacked by any virus.
  • Due to disposable junk files, your PC starts working slowly.
  • You are not using the latest version of QuickBooks.
  • In case, you are using declined bank credentials.
  • The partial installation of QBs software.

Before looking at the methods you should look for some points. These include keeping a backup of your company file and upgrading QBs desktop. First, we will see the steps for creating the Backup of the company file. If you keep a backup of your company file, it becomes a wise decision for the future.

Backup of the company file

  • Firstly, choose Open or Restore Company from the File option.
  • Click on Restore a backup copy and then tap on Local Backup.
  • Now, search for your company file and choose a folder where you will store it.

After this, you can upgrade your QBs desktop. For that look at the procedure given below:

upgrade your QBs desktop

  • Hit on Help and choose Update QuickBooks Desktop.
  • Choose Update Now, and then click on Get Updates.
  • Once the update process finishes, try to open QBs again.
  • When they ask you to download the update, press Yes.
  • Lastly, restart your PC.

Troubleshooting Methods to Fix QuickBooks Error Code CC-501

As we know the error code CC-501 and the factors behind it. It’s time to look at the methods to fix QuickBooks error cc-501. So, let’s have a look at them:

Method 1: Validate QBs Data Files

If you validate QuickBooks data files then it will find out the most frequent data issues. It will help to resolve the error. Here are the steps that you need to look at:

Validate QBs Data Files

  • Firstly, shift to File & File operations.
  • Tap on Validate & repair and then click on Validate tab.
  • It will validate your data file and it will depend on the size of the file when it will complete the process.
Read More - How to Reset the Password using QuickBooks Password Reset Tool?

Method 2: Update your QBs Account

When you forget to update your QBs account then it might be possible that you will encounter QuickBooks Error Code CC-501. If you want to work smoothly try to update your account by following the instructions:

  • You need to sign in to every account by opening QuickBooks.
  • Then refresh your Bank a/c activity and tap on the Downward error icon.
  • After that, hold Ctrl + Alt + U or you can click on the Update Now option.
  • Write down your QBs ID & Password and follow the directions that are appearing on your screen.
  • Click on Update now and if you are asked to modify QBs password.
  • Type a new password and place it the proper way.

Method 3: Deactivate & Reactivate QBs Account

To fix QuickBooks Error Code CC-501 you need to deactivate your account and then reactivate it. For that go through the steps below:

Deactivate & Reactivate QBs Account

  1. Steps to Deactivate QBs account
  • You need to go to the Tool option and then select the Account list.
  • Verify your Specific a/c that results in issuing several Lists of accounts.
  • Tap on the Online server and then click on the Deactivate menu.
  • Now, press Yes to approve the deactivation.
 2. Steps to Reactivate QBs account
  • Just follow the first three steps that we have mentioned above.
  • Then write your Username and Password.
  • Make sure the password that you have entered has been saved.
  • After that select Connect and if you can find out the account link it with the present a/c.
Read More - How to Fix QuickBooks Restore Backup Failed Error?

Method 4: Reset Credit Card Credentials

QuickBooks asked you to reset your CC credentials because it is possible that the credentials that you are using are wrong or may be used by some other person. To reset, follow the instructions:

  • Select the Tools menu and Online center then hold Shift and tap to Open present CC credentials.
  • Just go through the ongoing commands to Reset CC.
  • At last, start QuickBooks and open your account.

Final Say

Based on our deep research and many trials, we present to you a handful of these well-working solutions. There are several tested solutions listed here that worked for us. We hope that you can resolve QuickBooks Error Code CC-501 in your system to your satisfaction. Moreover, you can ask questions about QuickBooks at any time. We are happy to help.

Frequently Asked Questions (FAQs)

Q1. What is QuickBooks error c47?

Answer – QuickBooks error c47 appears when QBs is not able to record any changes that you have made in the transaction. You can easily resolve it by closing and then opening QBs again. 

Q2. How do I fix QuickBooks unexpected error 5?

  • Allow access for Sharing File.
  • Reinstall QuickBooks.
  • Turn off UAC.
  • Recreate User File.

Q3. Are Quicken and QuickBooks the same?

Answer – Small businesses use QuickBooks, while individuals use Quicken for personal finances.

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