QuickBooks is an accounting software that is extensively used by small as well as medium business organizations to manage their large financial records and financial bookkeeping. It has been gaining popularity amongst business organizations because of its ability to keep track of all expenses and also prepares financial statement with the invoice facility. However, sometimes you may encounter QuickBooks error code 7151 and an error message like the following:
"Unrecoverable Error: QuickBooks has experienced a problem and must be shut down. We apologize for the inconvenience. If you choose, you can report the error you have just experienced to the Intuit Product Development team to help us investigate and eliminate the problem. Code: 7151"
The aforementioned error appears when you delete an account and try to open the QuickBooks company file. Because of the error the QuickBooks application behaves absurdly and does not obey your commands. After several minutes of continued unresponsiveness the error message appears on the screen.
The most common reason for the occurrence of the error is a type of data damage that has been caused. When any account gets marked for deletion, the QuickBooks application determines the number of times the account has been reconciled. Due to the data damage, the function returns a value which is greater than 50 million.
To get rid of the error you need to update the application and get the latest release of the version of QuickBooks that you are using. However, the issue can also be resolved with the help of a valid and updated backup of the data. Alternatively, create a backup of the company file, then create a new bank account and then replace the old bank account name with the new one. Now merge the two accounts when you are prompted to do so.
If the aforementioned steps do not help you and the application is still unresponsive then you need to use an efficient and reliable third party QuickBooks data recovery tool to access all the data stored in QuickBooks.