How to Tackle QuickBooks Error 1402
While installing QuickBooks Desktop or opening it after installation you may face QuickBooks error 1402.
This error mainly arise due to missing components which are required for QuickBooks to work properly.
The error message you receive when this error appears is: “Error 1402: Could not open key.”
This error must be fixed immediately as it can prevent you from accessing QuickBooks and can delay your
work. In this blog, we will discuss the responsible reasons and the fixes needs to be implemented for the
quick resolution of error.
Reasons For Error Code 1402 in QuickBooks
Error 1402 is an installation error and may arise due to the following reasons:
1. Missing/damaged Windows components such as the .NET framework.
2. Incomplete or improper installation of QuickBooks.
How to Fix QuickBooks Error 1402
QuickBooks error 1402 is a complex error and quite tedious to fix. However, the solutions mentioned
below can help rectify it.
Solution 1: Run the QB Install Diagnostic Tool
Running the QuickBooks Install Diagnostic tool will help you resolve installation errors. You can access
this tool from QB Tool Hub.
Dealing With QuickBooks Online Error 324
Resolving QuickBooks Online Error 324 is crucial as it reinstates seamless banking connections, ensuring accurate financial
records and uninterrupted access to vital transaction data for effective business management.
Solution 1: Manage Multiple Bank Accounts
If you possess multiple bank accounts with identical names, it's crucial to differentiate them in QuickBooks Online or
QuickBooks Self-Employed. Following these steps in either QuickBooks Online or QuickBooks Self-Employed ensures clarity
and accuracy in tracking your various bank accounts.
1. In QuickBooks Online, start by navigating to the ‘Bookkeeping' section, then click on ‘Transactions.'
2. Locate the specific bank account requiring a name change, and click the pencil icon to edit.
3. Choose ‘Edit account info,' modify the account name in the ‘Name' field, and save the changes.
: 4. For QuickBooks Self-Employed, access ‘Settings,' then select ‘Manage accounts' under the ‘Transactions' column.
5. Find the account needing renaming and click the pencil icon. Input the new account name and save the alterations.
Step 1: Accessing QB Tool Hub
1. Close QuickBooks and download the most recent version QuickBooks Tool Hub and save the file at an
easily accessible location such as Downloads folder or your Windows desktop.
2. Open the file (QuickBooksToolHub.exe).
3. Follow the on-screen steps.
4. Agree to the terms and conditions.
5. Complete the installation.
6. Access the tool hub by double-clicking on its icon.
Step 2: Utilizing QuickBooks Install Diagnostic Tool
1. Open the QuickBooks Tool Hub.
2. Select Installation Issues.
3. Select QuickBooks Install Diagnostic Tool.
4. Let the tool run and wait.
5. When done, restart your computer.
Solution 2:Update Windows
Updating Windows can help resolve system-related issues that might trigger this error in your QB
program. Here’s how to update Windows:
1. Open the Start menu and choose Settings.
2. Click on Update & Security.
3. Navigate to the Windows Update section.
4. Click on Check for Updates.
5. When the updates are available, download and install it.
6. Restart your computer.
7. Check for the error.
Solution 3: Manually Fix the Windows Component
Certain components are required for QuickBooks to run efficiently. If they are missing or corrupted, it can
lead to errors in the software.
1. Manually repair Microsoft .Net framework.
2. Press Windows+R and go to Control Panel.
3. Move to the Programs and Features.
4. Select Uninstall a Program.
5. Select Turn Windows features on/off.
6. Find .NET Framework and change the settings for both .NET Framework 4.5 and .NET Framework 3.5
SP1.
7. If the checkbox next to .NET Framework 4.5 and 3.5 SP1 is unchecked, then tick it, and if it's checked,
unmark it.
8. Restart your computer.
Solution 3: Manually Fix the Windows Component
After following the above steps, you should be able to fix the QuickBooks error 1402 successfully. This
guide includes the necessary information required for fixing this error. Hopefully, you have resolved the
error easily and are now able to access QuickBooks without interruptions.
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