Did you encounter an error message like the following:
"Could not initialize license properties. Error 3371: QuickBooks could not load the license data. This may be caused by missing or damaged files."
"Could not initialize license properties. [Error 3371, Status Code -11118] QuickBooks could not load the license data. This may be caused by missing or damaged files."
The "3371 could not initialize licence properties" error messages mentioned above appear when you open or register QuickBooks. The most common reason for the occurrence of the error is the damage to the registration files. The error can be easily fixed by updating QuickBooks to the latest release by Intuit of the QuickBooks version. For this click on the 'Help' button and then click on 'Update QuickBooks' and then on the 'Update Now' button.
If the "Quickbooks error 3371 status code 11118" error persists then you need to follow the steps given below to use the 3371 Wizard:
- Open QuickBooks support page and go to 'Solution 1-Download and Run the 3371 Wizard for Windows'. Now click on the blue letters and on the 'Save' on the desktop when the process is done.
- Now double click on the icon that is created after the installation. Follow the prompts that are displayed.
- Close QuickBooks and then reopen it to check whether the error is fixed or not.
If the error is still not fixed then you need to repair the installation of the application. For this click on 'START' and open the 'Control Panel'. Now go to 'Add or Remove Programs' and locate QuickBooks from there. Click on 'Next', 'Repair and then the 'OK' button to get rid of the error.
You could also go for the uninstallation and then the reinstallation of the QuickBooks files. However, all the aforementioned steps could also lead to data loss situation which is a cause of concern. In such a situation you can use a reliable third party QuickBooks data recovery tool that can efficiently recover all the missing or inaccessible files from QuickBooks application.


