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Is Precalculation Server mandatory to be ON for creation of a new Broadcast Setting?

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I am facing an error while trying to create a broadcast on top of a new formatted report designed using Bex Report Designer.

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The broadcasts are up and running for the existing reports and also I can create new broadcasts for the existing reports.

 

I face this issue only when i am trying to create a new broadcast setting for a fresh report.

So do we need to have the precalculation server ON  for creation of Broadcast Setting for a fresh report?

 

Thanks for your input and advice.


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