Inside the Folder Settings, you can see -
Dropbox folder location for the Deals and Leads module. Click the “Edit Hierarchy Folder Settings” to create folders for the Deals and Leads module if you are an Admin or Super Admin.
A hierarchy of the Client’s folders will be generated alphabetically otherwise, this message will be shown if there is no folder -
“No Hierarchy Folders Created! Please Click on Edit to Start creating a Folder Hierarchy”
Also, you need to specify the Converted Lead Location like the following image, where the associated folders and files will be migrated.
The files and folders of the converted Deal can be found at -
Converted Lead Location (Your folder name) >> Archives
The same directory will be generated in Dropbox as well.