yes.  we should be able to set up multiple folders in  report "favorites".  I currently have 50 reports in my favorites and would like to break them into groups ex: monthly, year end , audit etc....

I got used to using tags to organize my reports in FE7. And I can still use existing tags to filter the reports in FENXT, but unfortunately there is not yet the capability to tag new reports created in FENXT... There is an Idea Post suggesting that option if this interests you.

This is a great idea, especially for the reports I only use at year end. I've been on FE for 4 months and my reports list is unmanageable.