Моя ошибка !!! ДИКО ИЗВИНЯЮСЬ !!!
вот вырезка из Implementation Guide
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The Microsoft Dynamics CRM Connector for Microsoft SQL Server Reporting Services is a service that connects the Microsoft Dynamics CRM Server computer to the Microsoft SQL Server Report Server computer. The Microsoft Dynamics CRM 4.0 Connector for SQL Server Reporting Services eliminates the Kerberos double-hop authentication that was required for Microsoft Dynamics CRM 3.0 deployments when SQL Server Reporting Services was installed on a separate computer. The Microsoft Dynamics CRM 4.0 Connector for SQL Server Reporting Services is installed as a separate component.
Если CRM и RS установленны на различных компах, то необхродимо использовать The Microsoft Dynamics CRM Connector for Microsoft SQL Server Reporting Services