Causes of error
If your tenant admin has enabled multifactor authentication (MFA), where you have to double verification either through SMS on your phone or MS authenticator app and you try to access or connect to SharePoint online or any office 365 application from a desktop application like
- Outlook
- InfoPath Form Designer
- SharePoint Designer
- Windows PowerShell
- Power BI Desktop
Then there are high chances that you get an error "There is problem with your account, please try again later" as shown below
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Solution
You must generate an app password for your account. You can use same app password for any application mentioned above.
Navigate to below URL to generate app password.
https://account.activedirectory.windowsazure.com/AppPasswords.aspx
Copy generate password and keep it safe somewhere because you won’t be able to retrieve it later. If you forget or miss this then the only option is to generate a new one.
Use this password as your account password while using above applications, so enter your email address as username and this password as your account password.
That should work and resolve the issue.
Thanks for reading!