CSTRINVR - Inventory Valuation Report Errors with MSG-00999 and REP-1419

Issue :
When running the Inventory Value Report (CSTRINVR), you get the following

errors:
    MSG-00999 1: user defined exception
    MSG-00999 cstrinvr > X 30-Jun-1997 ...
    REP-1419 'beforereport : pl/sql program aborted.

Answer : 

Complete the following steps:

    1. Login to System Administrator responsibility.
    2. Navigate to Profile/System.
    3. Display User profiles.
    4. Change 'CST:View Cost Privilege' profile option = YES.
If the profile option is set to No, the Inventory Value report will complete 
with error because of Insufficient Cost View Privileges.
Explaination : 
By changing 'CST:View Cost Privilege' profile option to YES, this error does
not occur.