3723825 - Error executing SAC Model in Analysis Office: "Error during initialization of query view:\nMessage 42771"

You get error below when executing SAC models in the classic Analysis Office client tool:

Executing the same SAC Model in SAP Analytics Cloud Story works.

In the AO Trace file, you can see one of the errors below:

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ERROR  |AoPlugin | Error during initialization of query view:\nMessage 42771
Not authorized, reason: : DataSource :/\$\$StructureMembers\$\$::[COLUMN] isn't authorized #
ERROR  |AoPlugin | Data source <SAC_MODEL> was not found in system <SAC_SYSTEM> #
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"Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental". 

• SAP Analysis for Microsoft Office
• SAP Analysis for Microsoft Office, edition for SAP Analytics Cloud

KBA , BI-RA-AO-XLA , Excel Addin , Problem