A user with a custom role needs to create a new financial report. When the user navigates to Reports > New Financial Report, the user gets Notice: You do not have permission to perform this operation.
The role already has the permissions for Financial Statements set to View and Report Customization set to Full under Permissions tab > Reports on the role.
For the user to be able to create a new financial report:
1. As Administrator navigate to Setup > Users/Roles > Manage Roles > Edit/Customize the target role.
2. Under Permissions tab > Setup subtab > Add Financial Statement Layouts with Full Access Level.