Unable to Login to Financial Reporting (FR) Studio After Upgrading to 11.1.2.1, Error: "You are not authorized"

Unable to Login to Financial Reporting (FR) Studio After Upgrading to 11.1.2.1, Error: "You are not authorized" [ID 1321851.1]
Modified 27-MAY-2011 Type PROBLEM Status PUBLISHED
In this Document
Symptoms
Cause
Solution

Applies to:

Hyperion BI+ - Version: 11.1.2.1.000 and later [Release: 11.1 and later ]
Information in this document applies to any platform.
Symptoms

You are trying to login to Financial Reporting Studio 11.1.2.1 and get the following error:
"You are not authorized to use this functionality. Contact your administrator."
Cause

While installing 11.1.2.1, did not run the standalone.exe for Financial Reporting Studio present in the installation pack. FR Studio needs to be upgraded to the same version as the server(s).
Solution

1. Uninstall FR studio 11.1.2 through EPM uninstaller.

2. Update the FR studio, by running the standalone exe file present in the installation pack.