Fixing QuickBooks Error PS060:

QuickBooks is a powerful accounting software that helps businesses manage their financial transactions efficiently. However, like any other software, QuickBooks is not immune to errors. One common error that users encounter is QuickBooks Error PS060. This error can be frustrating, but fear not; we’re here to guide you through the process of fixing it.

Understanding QuickBooks Error PS060

Before we dive into the solutions, let’s first understand what QuickBooks Error PS060 is and what causes it. Error PS060 typically occurs when you try to update your payroll tax tables. It can be triggered by various factors, including:

1. Payroll Tax Table Out of Date

If your QuickBooks payroll tax table is not up to date, it can lead to Error PS060. QuickBooks requires regular updates to ensure accurate tax calculations.

2. Damaged Company File

A damaged company file can also be the culprit behind this error. It’s essential to maintain a healthy company file to prevent such issues.

3. Issues with the QuickBooks Desktop Installation

If there are problems with your QuickBooks Desktop installation, it can result in Error PS060. This may include missing or corrupted files.

4. Administrative Privileges

Insufficient administrative privileges can prevent QuickBooks from performing necessary updates, causing the error to occur.

Now that we have a better understanding of what causes QuickBooks Error PS060, let’s explore the steps to fix it.

Fixing QuickBooks Error PS060

Step 1: Update QuickBooks

The first and most crucial step is to ensure that your QuickBooks software is up to date. Follow these steps:

1. Open QuickBooks.
2. Go to the “Help” menu and select “Update QuickBooks.”
3. Click on “Update Now” and wait for the process to complete.

Step 2: Check Your Payroll Subscription

Ensure that your payroll subscription is active and up to date. Follow these steps:

1. Go to the “Employees” menu and select “My Payroll Service.”
2. Click on “Manage Service Key.”
3. Check the status of your service key. If it’s not active, click on “Add” and enter your service key.

Step 3: Verify Company File

To check for a damaged company file, follow these steps:

1. Close QuickBooks.
2. Reopen QuickBooks while holding down the “Ctrl” key.
3. Keep holding “Ctrl” until you see the “No Company Open” window.
4. Click on “Open or restore an existing company” and select your company file.
5. Click on “Open.”

QuickBooks will then run a verification process to identify and repair any issues with the company file.

Step 4: Repair QuickBooks Installation

If you suspect issues with your QuickBooks Desktop installation, repair it using these steps:

1. Close QuickBooks.
2. Go to the Windows Control Panel and select “Programs and Features.”
3. Locate QuickBooks in the list of installed programs, right-click on it, and select “Repair.”

Step 5: Check Administrative Privileges

Ensure that you have the necessary administrative privileges to perform updates. You can do this by:

1. Right-clicking on the QuickBooks Desktop icon.
2. Selecting “Run as administrator.”

Now that you’ve followed these steps, QuickBooks Error PS060 should be resolved. Remember to restart your computer after completing the process for the changes to take effect.

Conclusion

QuickBooks Error PS060 can be a hindrance to your accounting workflow, but with the right steps, it can be easily resolved. Keep your software up to date, verify your company file, and ensure proper administrative privileges to avoid encountering this error in the future.

FAQs

1. What is QuickBooks Error PS060? QuickBooks Error PS060 is an error that occurs when updating payroll tax tables. It can be caused by various factors, including outdated tax tables and damaged company files.
2. How do I update QuickBooks? To update QuickBooks, go to the “Help” menu, select “Update QuickBooks,” and click on “Update Now.”
3. Why is my payroll subscription not active? Your payroll subscription may not be active if you haven’t entered the service key. You can activate it by going to the “Employees” menu and selecting “My Payroll Service.”
4. What should I do if my company file is damaged? To check for a damaged company file, close QuickBooks, reopen it while holding “Ctrl,” and select your company file. QuickBooks will run a verification process to repair any issues.
5. Do I need administrative privileges to fix QuickBooks Error PS060? Yes, you need administrative privileges to perform updates and resolve QuickBooks Error PS060. Right-click on the QuickBooks Desktop icon and select “Run as administrator” to ensure you have the necessary permissions.