I’m slightly late in posting this one but I figure it might still be a useful post to make.
On 30th April 2012 Microsoft released Rollup 1 for Management Reporter 2012 for Microsoft Dynamics ERP which includes an updated Migration Wizard [PDF] which was missing from Management Reporter 2012 until now.
Rollup 1 can be downloaded here (PartnerSource or CustomerSource login required).
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Hey Ian Grieve, you are not late, I got the help to your post, thanks