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Failed to execute SQL Agent Job- Error authenticating proxy {proxy name}, system error, username or password is incorrect

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I have created a credential for a user who is the domain admin and listed under Logins list of SQL Server and has sysadmin privileges.

With the above mentioned created credential , I have created a proxy and then created a SQL server agent job, by specifying

the proxy account.  But my job execution is failing saying that "Error authenticating proxy {proxy name}, system error, username or password is incorrect".

I have properly verified my credentials and both the username and password is correct only.

Note :- When I modify my sql job to run as with "SQL Server Agent Service Account", the the job executes perfectly fine.

pl help to identify what's going wrong with the proxy which I have created.

~Ashish



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