Nero format?

I just changed from Roxio to Nero 6 Ultra Edition.

I was able to backup my Quicken files to a CD-RW using Roxio Direct CD from Quicken.

There is supposed to be an option for "Format/Prepare Rewritable CD" in Nero StartSmart which does not show up as an option.

I assume I have to format a new CD-RW so it will except data.

Any ideas?