Today, QuickBooks Desktop is a famous name in the accounting world. From tracking inventory to bills & taxes, QuickBooks Desktop can handle all the bookkeeping needs of a business. However, just like other accounting software, QuickBooks lacks full-proof defense mechanisms to provide its users with flawless functioning. Many users have encountered QuickBooks error 40001 while updating their payroll account information in QuickBooks Desktop. By going through this blog, we aim to discuss why Payroll Account error 40001 occurs and the methods that can be applied to resolve it.
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Why does Payroll Account error 40001 take place?
It is seen Payroll Account error 40001 often gets triggered when QuickBooks Desktop lacks the required Windows permissions. Nonetheless, there are several reasons too that can cause it, such as:
1. The company file is somewhat corrupted.
2. There is some QuickBooks Desktop program issue.
Recommended to read: QuickBooks Error H505
How can you fix QuickBooks error 40001?
Solution 1) Run QuickBooks Desktop with Windows admin permissions
1. Go to QuickBooks Desktop and right-click on its icon.
2. From the list of options, select Run as administrator.
3. In QuickBooks Desktop, see whether you can update the payroll account information now.
If QuickBooks error 40001 pops up again, proceed to the next solution.
Solution 2) Diagnose and fix your company file using the Verify/ Rebuild tools
1. In QuickBooks Desktop, open the File menu.
2. Click on the Utilities option.
3. From the set of options, select Verify Data.
4. Wait until the diagnosis of your company file is finished.
5. If you find data damage in the company file, proceed further.
6. Tap the File menu,
7. Select the Utilities option again.
8. From the set of options, select Rebuild Data.
9. After that, click on the OK button.
10. Follow the instructions displayed on-screen to finish the rebuilding process of your company file.
11. Thenceforth, try to update the payroll account information.
If QuickBooks error 40001 shows up this time, follow the next solution.
Solution 3) Fix your QuickBooks Desktop for Windows
1. Download QuickBooks Tool Hub of the latest version available (currently 1.5.0.0) and save it on the Windows Desktop.
2. Open the QuickBooksToolHub.exe file (the setup file).
3. Go through the instructions mentioned on your screen, and thenceforth, accept the terms and conditions.
4. In QuickBooks Tool Hub, move to the Installation Issues tab.
5. Click QuickBooks Install Diagnostic Tool. Let the tool run.
6. Fixing the QuickBooks program files can take up to 20 minutes. So please wait until it is over.
7. After that, restart the computer.
8. Start QuickBooks Desktop and then open your company file.
9. At last, try to update the payroll account information and see if you face any QuickBooks errors this time.
Conclusion
Suppose you fail to rectify QuickBooks error 40001 even after applying the troubleshooting solutions mentioned in the above blog. In that case, our suggestion is to get additional support removing it from our QuickBooks Data Recovery Services professionals at 1-855-856-0042.
Read more: Rectify the QuickBooks error 6069 with these fixes