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QuickBooks Error H505 typically occurs when a user tries to access a company file that is located on another computer and QuickBooks cannot reach it. This error indicates issues with network connectivity, firewall settings, or incorrect configuration of QuickBooks services. To resolve, ensure all computers hosting company files are configured correctly for multi-user access, verify network settings, and adjust firewall permissions. QuickBooks File Doctor tool can also diagnose and fix network-related errors effectively. For persistent issues, consult QuickBooks support or a certified professional for assistance at 1.855.409.2300.