The QuickBooks Error 3371 Status Code 11118 may be caused by missing or damaged files. It cannot initialize license properties.
Solution 1: Steps are given below:
1. In QuickBooks tool hub, choose installation issues
2. After that choose 3371 error fix
3. After that choose ok
4. After that start QuickBooks desktop & open your data file.
Solution 2: Perform clean installation of QuickBooks desktop
After trying solution 1, you still see the error you should process clean installation of your QuickBooks. In case you face some issue, you can contact a professional expert to fix the issue.