peter johnson
- Jul 12, 2023
- 2 min read

Ways to Quickly Address QuickBooks Error PS058

QuickBooks payroll is one of the most important features of the QuickBooks Desktop application. The payroll function allows users to store employee information, process paychecks, and use the direct deposit feature. But sometimes, there can be issues while running QuickBooks payroll, which can lead to a PS058 error in QuickBooks Desktop. This error code can arise when the payroll service key is incorrect or missing. You can eliminate QuickBooks error PS058 by following the solutions provided in this article.

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What are the Main Reasons for the QuickBooks Desktop Error PS058?

QuickBooks error code PS058 can arise due to the following common factors –

The service key required to run the payroll function correctly is either missing or incorrect.
The system is unable to read your payroll setup file, or the CPS folder is damaged.
You have not updated your QuickBooks Desktop to the latest release, which is causing issues while running payroll.
Your payroll account information is not updated, or it is incorrect, which is preventing you from accessing payroll.
The payroll tax tables in your QuickBooks Desktop have become obsolete, and you need to update them to the latest release.

Steps to Terminate the QuickBooks Payroll Error PS058

QuickBooks error message PS058 can be reliably resolved by using the steps given below –

Step 1 – Activate the Payroll Service Key by Accessing the Employee Menu

You need to activate the service key to fix the issues leading to the QuickBooks payroll update error PS058.

Open your QuickBooks Desktop and go to the Employees menu to select the Payroll tab.
Select the Enter your Service Key option, and if you have an existing subscription, specify if you want to add the particular file to your subscription.
To add the file, select Add file and go to the Service Key window by selecting the Skip button.
Tap Add and enter the service key, followed by clicking on Next.
Once the confirmation message appears, hit Finish to end the activation process and check the status of the PS058 error.

Step 2 – Upgrade QuickBooks and Download the Latest Tax Table Updates

To fix the minor glitches leading to payroll issues in the application, you need to run the updates.

Open QuickBooks to go to the Help menu and hit the Update QuickBooks Desktop option to see the latest updates.
From the Update Now tab, select Get Updates and click on Reset Updates to initiate the download process.
Once downloaded, install the QB updates and download the latest payroll tax table from the Employees menu.
Sort the list and use the Verify and Rebuild Data utility to fix the data issues leading to the PS058 error.

Conclusion

The QuickBooks error PS058 can be effectively addressed by using the steps given above. If the issue persists, you can call us at +1-855-948-3646 to get assistance from our team of QB professionals.