Quickbooks Learn & Support Online

106: Why am I getting an error 106 when I attempt to download transactions from Silicon Valley Bank?

Silicon Valley Bank is returning a 106 error when customers are attempting to update their accounts from Quickbooks Online. Our engineers are working closely with the Financial Institution to resolve this issue quickly.

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Resolution for '106 issue: 'Why am I getting an error 106 when I attempt to download transactions from Silicon Valley Bank?' available: Yes.

The 106 issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the 106 issue yourself by looking for a resolution described in the article. If it is a complex 106 issue or you are unable to solve the issue, you may contact us by clicking here or by using other 106 support options.

For more information about resolving issues related to 106 in Quickbooks/QBO or to get support for the issue 'Why am I getting an error 106 when I attempt to download transactions from Silicon Valley Bank?', click the link below:

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106: How do I record write off of the payable account for the shareholder? Shareholder gave up initial investment to the company.

Money owed to a shareholder that is written off is often credited to an Equity Account called something like Contributed Surplus. Writing it off to income raises the question as to whether it is taxable, and/or the effect on tax losses carried forward. Contributed Surplus has other potential implications for […]

Resolution for '106 issue: 'How do I record write off of the payable account for the shareholder? Shareholder gave up initial investment to the company.' available: Yes.

For more information about resolving issues related to 106 in Quickbooks/QBO or to get support for the issue 'How do I record write off of the payable account for the shareholder? Shareholder gave up initial investment to the company.', click the link below:

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