In order to convert a Folder object into a Module object, you can use the Convert to module option.
Note: It's not possible to turn a Folder into a Module if the folder contains Win type objects.
- Right-click the Folder object you want to convert into a Module.
- Select the Convert to module from the contextual menu.
When the conversion process is a new Module with the same Name property as the selected Folder will be created containing all the Folder' Objects and the Folder will be deleted.