This tip from GoKubi, is an oldie, but goody.

Salesforce reports are great ways to review your data, and get a current snapshot on your business.  But for your users responsible for updating the info in the reports, it can be a bit of a pain.  You can either create a view with the same report criteria and audit it.  Or you can right-click, open a new window, edit….

Adding action buttons to your report can save your users a few clicks and time.

Actionable Reports

Create a formula field [formula (text)] with the following:

HYPERLINK("/" & {!Id} & "/e", "Edit") & " | " & HYPERLINK("/setup/own/deleteredirect.jsp?delID=" & {!Id}, "Del")

Update your reports with this link, and you are all set.  (No need to add this to your page layouts)