I was able to fix the issues by changing the MYSQL mode by following instructions given by palenholik at forums.fengoffice.com/index.php?topic=14907.0
I resolved the issue by changing MYSQL mode in my.ini (located in program files under mysql folder), like this.
1. Open my.ini and find "sql-mode"
2. Comment current settings by putting # key in fornt
3. Set new mode "sql-mode=MYSQL40"
4. Save and Restart MYSQL server,
5. finish Feng Office installation and return previous MYSQL mode.