After update to The Financial Edge 7.87.164, you will receive Error: Run-time Error '0' when deleting a column on existing financial report. Once you press Ok and re-open the report or any new ones you will receive Error: Active X component can't create object. This is affecting any reports created prior to the update.
Download and install the latest patch, which contains all fixes from previous patches. If you are running an older version, download and install the latest version and then the patch.