Payroll services which can be supplied by QuickBooks are now actually very beneficial to all the companies that utilize it. This makes it very easy for those who own small and medium-sized business to pay for their workers without the need to get into much hassle. A fundamental and simply customized and user-friendly payroll module combined with accounting software is sold with various useful options. QuickBooks may show some error every so often. Certainly one of such errors is QuickBooks Error ps033. It's mainly caused when there is a damaged file in CPS folder. Because of which, one cannot download the newest payroll updates and is unable to open the company file either. Let us now get into the many grounds for such an error.