What causes QuickBooks error -3371, status code 11118?

Is your QuickBooks saying error 3371 – could not initialize license Properties? Whenever the entitlement.exe file gets damaged or corrupted, it results in QuickBooks error 3371 status code 11118. The entitlement file contains license properties required for QuickBooks to run it successfully, and hence it becomes essential to restore these files. Apart from this, there could also be a possibility of a damaged QBregistration.DAT file or corrupted MSXML Microsoft component, and it could be due to a