MS CRM 2011: ‘Publish report for external use’ functionality brakes subreports

Today I faced with this issue. I published standard ‘Quote’ report for external use tried it and it didn’t worked. I got following message once I tried to run a report:

I understood that Parent report was not able to find proper Subreport. Following steps shows how to fix this issue:

Once I’ve done mentioned changes and tried report it worked without any issues: