Thanks Srini but I don't see that menu. I believe that FR is not registered with shared services as it does not appear in shared services product list.
I want to find a way around that.
Have you tried reconfiguring only the Financial Reporting part from the Configuration tool again? You could try this and check.
If you still get issue then please raise a service request with Oracle to troubleshoot the issue.
Then what you see in that Menu? Did you check FR in registry ??
Try once in other browser also for cross checking.