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QuickBooks is an efficient tool for small and midsize businesses to keep up with their accounting and bookkeeping needs on a digital platform. All of the data collected and ran by the software is stored in the company file. It is the most important section of the accounting tool and often faces issues like QuickBooks Error H505. Let’s learn more about it and see if there are any troubleshooting methods available.
Resolving the data file errors like QuickBooks Error H505 is a bit tactical and requires expert supervision. To get immediate assistance on the line, call on our 1-(855)-856-0042 anytime.
The QuickBooks Desktop error code H505 belongs to a series of issues related to the hosting setup. The problem arises when the user tries to access the company file from a workstation. The error message reads - “You are trying to work with a company file that is located on another computer, but that computer needs additional installation and setup”. It could be instigated for a number of reasons stated below.
1. The network data file is not functional due to damage or corruption.
2. QBCFMonitor or QuickBookksDBXX services are not running in the background.
3. The host server’s IP address is incorrect or unreachable.
4. The hosting configuration is at fault.
5. The DNS setting is problematic.
6. The firewall settings are preventing any connection between the host and the workstation.
Yes, there are many solutions that you can try to fix the QuickBooks Error H505. Follow the given instructions step-by-step.
Solution- 1
1. Exit the QuickBooks on the host server and create a new folder for the QB data file.
2. Copy the .qbw file to the new folder and set permissions on the folder to share the company file.
3. Try to open the company file now.
Related Article:- QuickBooks not responding when opening company file | Be Alerted when it Appears
Solution- 2
1. Open the Run window and type cmd in the search box.
2. Press Enter and type ipconfig/all in the command prompt window.
3. Copy the Host name and IP address of the system externally and repeat the same process on all the systems connected with the multi-user setup.
4. Now shut down your system and Press the Windows key.
5. Open My Computer and follow the given address: C:\Windows\System32\Drivers\Etc or C:\Windows\Syswow64\Drivers\Etc.
6. Select the view tab and click n Hidden items to show the hidden folders.
7. Right-click on the hosts file and open it in Notepad.
8. Now, add the IP address and the computer name and use the Tab key instead of the space bar while putting space between the characters.
9. Save the changes and open QB in multi-user mode to see if the error is gone.
At this point, we would like to conclude our blog on the ways to resolve QuickBooks error H505. We hope that the information given above will help you in overcoming the problem. On a different note, if you need any external help on the issue, call on our 1-(855)-856-0042 anytime 24/7 effectively?
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Updated on April 12, 2023
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