In a medium sauce pan melt the butter. Cook over medium heat until the butter turn a deep brown.
Remove from the heat.
Heat oven to 350 degrees. In a mixing bowl add the butter, pecans, cherries, sugar and vanilla; beat well. Reduce speed to low and gradually beat in flour until dough forms.
Roll dough into 1 inch size balls, place on baking sheets lined with parchment paper or a non stick cooking mat.
Bake about 12 minutes or until cookies are light golden brown. Remove cookies from oven and cool 1 to 2 minutes.
Place 1 cup of powdered sugar in a bowl. Roll the cookies in the powdered sugar and then on a rack to cool.