QuickBooks Payroll Error PS033 helps businesses in streamlining their payroll process. This helps the companies to pay salaries to their employees on time and in a correct manner.
Also, it reduces your hassle and makes the process easy,quick and accurate. But QuickBooks payroll also faces some errors and one of these errors is Error PS033, which is generally caused when a CPS folder has a damaged file. When this error arises, it becomes difficult for the user to download the latest payroll updates, as a result you are unable to open the company file.
What is QuickBooks payroll Update Error PS033?
While downloading the payroll update or while opening the company file, you might receive a message: ‘QuickBooks can’t read your payroll setup field.[Error PS033]’. Error PS033 is caused by a damaged file in the CPS folder.
What triggers Error PS033?
· This error is caused by one if the following reasons:
· Payroll subscription is not activated.
· Inactive direct deposit agreement is having more than one active payroll.
· QuickBooks desktop file is damaged.
· Damaged QuickBooks data.
· QuickBooks is not updated to the latest version.
· The Payroll Service key is incorrect.
· Employer identification Number (EIN) is either invalid or is not correct.
· Company file PSID is not correct.
· QuickBooks desktop and current version should be compatible with each other.
· Status on QuickBooks desktop appears as an invalid number.