3642097 - Error: "Access to item is not permitted. Verify and try again" despite User having correct Access Restrictions

When trying to access and Account or other object, an error "Access to item is not permitted. Verify and try again" is shown despite the user having the correct access rights configured.

SAP Sales Cloud Version 2

The Access Control Entries in the backend were not defined correctly upon creation of the Account or other object.

After verifying that the user has the correct access configured, make a dummy change to any access related field on the Account or object (e.g. Owner, Sales Data etc).  The Access Control Entries should now be defined and the user should be able to access the object.

Create Business Roles and Assign a Business User on SAP Help Portal

Access to item is not permitted, access restrictions, account access , KBA , CEC-CRM-ACC , Account for SAP Sales/Service Cloud , Problem