Report deploy error

Hi All,

Im having an error while deploying ax reports after successful installation. below is the error despite having disabled UAC and assigning myself full administrator rights. I deploy using the AX powershell, see commands and their responses. Any help will be appreciated

*************Test-AXReportServerConfiguration*************
Is Microsoft Dynamics AX Application Object Server running: True
Is the current user an administrator on the Microsoft Dynamics AX Application Object Server: False
Is the current user an administrator on the report server: False
Is the report server manager URL accessible: True
Is the report server URL accessible: True
Is User Account Control (UAC) disabled on the Microsoft Dynamics AX Application Object Server: True
Is User Account Control (UAC) disabled on the report server: True

*************Publish-AXReport -ReportName CustTransList -SkipReportServerAdminCheck*************
Deploying reports and related artifacts.
AOSName                   : 01@FRED
ConfigurationId           : fred
Description               :
Default                   : True
ReportServerFolder        : DynamicsAX
ReportServerName          : FRED
ReportServerInstanceName  : OGOLLA
ReportServerManagerUrl    : http://fred/Reports_OGOLLA
ReportServerWebServiceUrl : fred/ReportServer_OGOLLA
SharePointIntegrated      : False
Output                    : Configuration ID: fred
                            Description:
                            Default: True
                            Report server name: FRED
                            Report server instance name: OGOLLA
                            Report server folder name: DynamicsAX
                            Report server manager URL:
                            http://fred/Reports_OGOLLA
                            Report server web service URL:
                            fred/ReportServer_OGOLLA
                            Application Object Server name: 01@FRED
                            SharePoint integrated: False


Publish-AXReport : The network location cannot be reached. For information
about network troubleshooting, see Windows Help.
At line:1 char:1
+ Publish-AXReport -ReportName CustTransList -SkipReportServerAdminCheck
+ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    + CategoryInfo          : OpenError: (Microsoft.Dynam...shReportCommand:Pu
   blishReportCommand) [Publish-AXReport], IOException
    + FullyQualifiedErrorId : The network location cannot be reached. For info
   rmation about network troubleshooting, see Windows Help.
,Microsoft.Dynamics.AX.Framework.Management.Reports.PublishReportCommand