subfolders under the BEData folder

Can you have subfolders under the BEData folder? I would like to create subfolders under this folder and label the folders for each server that I'm backing up and directing the backup for that particualar server to it's respective folder name. Or are all the backup files stored in the BEData folder only? Such as: X:\BEData\ServerA and all of Server A's backup stored in this folder X:\BEData\ServerB and all of Server B's backup stored in this folder X:\BEData\ServerC and all of Server C's backup stored in this folder