Custom Reports Deprecation: Cornerstone will be deprecating the legacy reporting solution "Custom Reports" in 2022. For more information, see the announcement in the February '21 release notes.
The report folder drop-down displays the custom reports folder hierarchy and enables you to move reports into a designated folder. By default, the Custom Reports folder displays in the drop-down.
To move a report to a specific folder, click the report folder drop-down. This opens a list of available folders. Click the folder name. This adds the report to the folder.