CRM 2011: You cannot complete this action for this component because of the configuration of its managed properties
When deleting a report which is a managed report we get above error in Microsoft Dynamics CRM 2011.
To fix this issue need to update ReportBase table and after that we should be able to delete report.
1) Look for report in the table
select * from ReportBase where IsCustomReport = 0
2) Run update query
update ReportBase set IsCustomReport = 1, IsManaged = 0 where IsCustomReport = 0 and ReportIdUnique=’8E0E45E8-6565-4371-B6CD-061C347BA75C’
Now go back to Settings>Customization> Solutions>Select required report and delete it.