How to Fix QuickBooks Error 3371: Status Code 11118?

Learn what to do if you see Error 3371: Could not initialize license properties.

Sometimes, when you activate or open QuickBooks Desktop, you might see one of these error messages:

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.