One of the many QuickBooks features is QuickBooks Multi-User Mode, which enables many users to access the same company file from various workstations connected to a network. It's just as easy to access the company file in a shared network as it is on your PC. However, an issue occurs when QuickBooks cannot open the company file for any reason and displays the QuickBooks error H507. If you're receiving an error message with the Error Code H505, read the entire article for thorough troubleshooting tips.
Solution 1: Install the most recent version of QuickBooks Desktop
Solution 2: Make a New Company File Folder
Solution 3: Set appropriate hosting on computers
Solution 4: Check to see if the workstation and file hosting server can communicate
Since network problems are the cause of QuickBooks Error H505, it's possible that you'll get the error again or that it won't go away even if you follow all the troubleshooting methods. For assistance and better support in these circumstances, we advise users to call us at 800 761 1787.