Dynamics AX 2012 Reports services extension components installation-failed

While installing the Reporting Services extensions of Dynamics AX 2012 we're experiencing below errors.
An error occurred during setup of Reporting Services extensions.
Reason: A call to the Microsoft Dynamics AX SRSFrameworkService service failed. The target principal name is incorrect.

Steps to resolve the issue

1.Generate full IL

open AOT and register the following services:

SRSFrameworkService

SSASFrameworkService

go to Services Group node and auto deploy the following service groups:

BIServices

UserSessionService