QuickBooks Error 3371 Status Code 11118: Causes & Fixes

QuickBooks error 3371 occurs when the software fails to initialize license properties. The status code 11118 indicates a severe licensing issue that usually arises when activating or reinstalling QuickBooks Desktop. This error message typically appears as: "Could not initialize license properties. Error 3371: QuickBooks could not load the license data. This may be caused by missing or damaged files."