Report Painter Characteristic Ledger does not exist

Hi Experts,
I am trying to create a report GRR1 and for Plan Budget Report in Rows i have given SALES, REVENUE,COST and TOTAL and when i have defined the Columns with period 1,2,3,4,5,6..12 I got the following message when executing the Report.
Characteristic Ledger does not exist and  Characteristic Record Type does not exist
Characteristic Ledger does not exist
Message no. GR655
Diagnosis
The characteristic must (message type E) or should (message type W) be addressed in the report definition. This means that a set must/should exist for the characteristic in the definition of the report rows, report columns, or report selection.
For performance reasons, it is important that you limit the value ranges of those key fields located at the start of the database key as much as possible.
Procedure
Define a set for this characteristic in the report.
Note
In Controlling (Table CCSS), different characteristics (cost center, order, project, etc.) are portrayed internally with a common technical characteristic, "Object". In reports, either a specific characteristic such as cost center must be used, or the characteristic "Object" must be used directly. If this is not the case, an error message appears saying that the "Object" characteristic is missing.
Also i would like to know how do i define the selection criteria for executing the report
Please advice a solution for the same
Regards
Rahul

The reason could be having (1)  invalid characteristics value or (2) have not properly defined the General Data Section, most likely (1) in this case.
Either way, go to t-code GRR2 to change the report.
In the report row or column, is there an Element (the labels in red color) that does not make sense?
It could still have the correct label names, but double-click and go into "Record Types (from your error message)".  Be sure to have the correctly define values attached to each Characteristics.
If all above seems okay, try (From top bar, select) Edit --> General Data Section.  Think of this section as the "header data" of the report.
Good luck
AY

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    Hello,
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    blog:My Blog/
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    Loading localization resources from directory [D:\SMS_SRSRP\SrsResources.dll]
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    Registry change
    Waiting for changes for 1 minutes
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    Hi guys, cheers for the swift response.
    Garth, i can access SSRS in IE from the SCCM box and it looks a-ok.
    Paul, nope can't say I've done any configuration of reporting services - the whole thing has been set up by the database team. Having had a trundle through Reporting Services Configuration Manager, it seems the Database team have set up SSRS in line with
    the walkthrough you posted.
    Since i'm not seeing the ConfigMgr_XXX folder appear in SSRS I'm wondering if there's something preventing SCCM from being able to create it. The message
    "Microsoft.ReportingServices.Diagnostics.Utilities.AccessDeniedException: The permissions
    granted to user 'NT AUTHORITY\SYSTEM' are insufficient for performing this operation" sounds like the account SCCM is leveraging to perform the install might not have the right permissions in SSRS. Do i need to delegate specific rights to the NT
    AUTHORITY\SYSTEM account in SRS perhaps?

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    Thanks for your reply.
    The solution given by you is to transport the report library from Dev Client. But our client does not transaport the reports in production system.
    Is ther any other solution to retrieve the library.
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    Varsha

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