The deployment of refreshable Excel Reports has been simplified with GP 2010 R2. The setup is still in Microsoft Dynamics GP - Tools - Setup - Reporting Tools Setup.
You can choose to deploy to a Network location, either a network share or Sharepoint, including Sharepoint online or you can deploy to a single user location.
As before, checkboxes exist to deploy reports for muliple company. The page is familiar but it has a much cleaner look.