Getting ANT_HOME is set incorrectly or ant could not be located. Please set ANT_HOME. Error while run Financial Reporting Batch Scheduler

Hi,
I am running Financial Report batch file via command line i am getting below error.
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin>ant -q -f "D:
\Oracle\MIDDLE~1\EPMSYS~1\products\FINANC~2\bin\BatchAdmin.xml" batch.schedule
ANT_HOME is set incorrectly or ant could not be located. Please set ANT_HOME.
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin>
Already i have ANT_HOME =D:\Oracle\Middleware\modules\org.apache.ant_1.7.1 and added to ANT_HOME to the PATH variable. I restarted the system but still i am getting same error.
Please help me on this.
Thanks,
Naresh

Hi Celvin,
Thanks for the reply.
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin>BatchName
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin>ScheduleBatch
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin\BatchName.xml ht
tp://localhost:19000
D:\Oracle\Middleware\EPMSystem11R1\products\financialreporting\bin>ant -q -f "D:
\Oracle\MIDDLE~1\EPMSYS~1\products\FINANC~2\bin\BatchAdmin.xml" batch.schedule
Unable to locate tools.jar. Expected to find it in C:\Program Files\Java\jre7\li
b\tools.jar
     [echo] Batch accepted for scheduling: D:\Oracle\MIDDLE~1\EPMSYS~1\products\
FINANC~2\bin\Sch-1.xml
Now i am getting below information when i ran the scheduled batch.
Why i am getting
Unable to locate tools.jar. Expected to find it in C:\Program Files\Java\jre7\li
b\tools.jar
error.How to rectify this problem. How to make to point it to JDK path ? where i need to update ?
I have already set JAVA_HOME setting to JDK path and updated in the "PATH" variable.
Thanks,
Naresh Mopala.

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