As per Microsoft: "The computer running the Windows Time service client cannot locate the time source peer in Domain Name System (DNS). Confirm that the local computer can correctly resolve the name of the time source peer. Ensure that there are no typographical errors or name resolution errors. Resolve issues as necessary on the DNS Server service, and then resynchronize the client with the time source peer. Perform the following procedure on the computer that is logging the event to be resolved.
To resynchronize the client with time source peer:
- Open a command prompt as an administrator. To open a command prompt as an administrator, click Start. In Start Search, type Command Prompt. At the top of the Start menu, right-click Command Prompt, and then click Run as administrator. If the User Account Control dialog box appears, confirm that the action it displays is what you want, and then click Continue.
- At the command prompt, type w32tm /resync, and then press ENTER. The command output indicates whether the synchronization was successful". See the link to "TechNet Event ID 134 - Manual Time Source Acquisition" for more details on this event.