New Folder Page (Report Manager)
Use the New Folder page to create a new folder in the report server folder hierarchy. The folder that you create is a virtual folder that is stored in a report server database. The folder is not created in the file system of your computer.
A folder is created in-place, as a subfolder of the folder that is currently selected. Before creating a folder, you should navigate to the location where you want to create the folder.
After you create a folder, you can modify its name and description through the General properties page of the folder.
To open this page, on the Contents page, click New Folder.