Unable to view Value Set Values in Oracle EBS R12.

2
Issue Summary
Oracle E-Business Suite (EBS) value sets do not appear in the List of Values
(LOV) in the Values form FNDFFMSV after upgrading to Oracle E-Business
Suite 12.2.2 or higher.
Users are not able to insert or update any independent or dependent value
set values after the upgrade.
Investigation Done
Release 12.2.2 includes a new security feature, flexfield value set security, to
control who can create or modify flexfield values in the Flexfield Values setup form
(FNDFFMSV). Because this is a security feature, it is enabled by default.
After the upgrade, users will not be able to create or modify any independent or
dependent value sets in the Flexfield Values setup form (FNDFFMSV) until access is
specifically granted to that user by setting up the feature.

1. Release 12.2 onwards Oracle has introduced a new feature of 'Flexfield value set
security'.
2. This features controls who can view, insert, or update values for a particular
value set (by flexfield, report, or value set) in the Segment Values form (FNDFFMSV).
Flexfield value set security affects independent and dependent value sets for
flexfields and report parameters, including Independent, Translatable Independent,
Dependent, and Translatable Dependent value set types. Flexfield value set security
also affects parent values for Table Validated value sets where the "Allow Parent
Values" flag is checked for the value set.
3. The effect of flexfield value set security is that a user of the Segment Values
form will only be able to view those value sets for which the user has been granted
access. Further, the user will be able to insert or update/disable values in that value
set if the user has been granted privileges to do so.
Solution
1. You can have to create value set specific "Roles" and then grant those roles to
your specific users. Once done, the users will be able to view or modify those
specific value sets. This has to be done via 'User Management' responsibility.
2. As an alternate, Oracle has given the option of backword compatibility, which is
a feature like releases prior to R12.2, wherein users could view all value sets and
have the access to update them. To this this take the following steps:

2.1. Login as SYSADMIN and navigate to 'User Management' responsibility.

2.2. Query the user that you want to grant access to all value sets > and grant the
following role
Role = Flexfield Value Set Security: All privileges
Code = UMX|FND_FLEX_VSET_ALL_PRIVS_ROLE
2.3 This role provides view, insert and update privileges for the values of all
independent and dependent value sets for flexfields and report parameters. This
role should ONLY be assigned to users for backwards compatibility. The result of
having this role is that if the user has access to the Values form (Key Flexfield,
Descriptive Flexfield, and Validation) on a menu, the user can modify all values for
all flexfields and report parameters.