QuickBooks is prone to a wide variety of errors, including inconsistencies and malfunctions in its functionality. Because of these errors, a wide variety of the software's features and capabilities are being negatively impacted. QuickBooks Error code 15240is one of them that users can encounter at times.
It is possible that it will show up on your screen anytime you attempt to update the software and in the middle of this process. In addition to this, you will receive a warning informing you that "Error 15240: The Payroll Update did not complete correctly."