Error 61686 when installing QuickBooks

Hi guys,
Yesterday I was trying to install QuickBooks on my system but I couldn’t succeed as it ended up in an error on my screen.
The screenshot is attached below:

The error says:
The installer encountered an error when running “C:UsersOwnerAppdataLocalTempPremierqbook”/quite/norestart INSTALLDIR=”C:Program FilesIntuitQuickBooks 2011” QB LICENSENUM=XXXX-XXXX-XXXX-XXX
I don’t have the slightest of idea how to get rid of this error and install QuickBooks successfully.
Any help in this regard will be highly appreciated.
Waiting for your replies.
Kindest regards.
