> For the complete documentation index, see [llms.txt](https://docs.securemetrics.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.securemetrics.io/crq-pro/reference/settings.md).

# Settings reference

Open **Settings** from the bottom of the left icon rail. Settings are split across two tabs.

## Application tab

Device-level settings that apply to every workspace.

| Setting                             | What it does                                                                                                                                                                           |
| ----------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **License**                         | License status, masked key, **Manage license**, **Change key**, **Remove** (releases this device's seat). See [Installation and activation](/crq-pro/getting-started/installation.md). |
| **Updates > Automatic updates**     | On (default): new versions install on launch. Off: you are notified and choose when to install.                                                                                        |
| **Updates > Version**               | Shows the running version, with a **Check for updates** button.                                                                                                                        |
| **Simulation > Default iterations** | Trials per simulation: 10,000 / 50,000 (default) / 100,000 / 250,000. Higher is more precise but slower.                                                                               |
| **Backup > Automatic backups**      | Off by default. On: writes a full backup to your chosen folder on launch and daily, keeping the ten most recent.                                                                       |
| **Backup > Backup folder**          | The folder automatic backups are written to. Choosing a folder turns automatic backups on; point it at a synced folder for an offsite copy.                                            |
| **Backup > Export backup**          | Writes a full `.cqbackup` (all workspaces, components, Trash) to a location you pick, on demand.                                                                                       |
| **Backup > Restore**                | Replaces all current data with a backup file's contents (asks you to confirm).                                                                                                         |
| **Currency > Default currency**     | The display currency (ISO 4217, USD default). Values are never converted between currencies; this is a label.                                                                          |
| **Reports > Analyst name**          | Shown as "Prepared by" on generated reports.                                                                                                                                           |

## Workspace tab

Per-workspace settings, with a workspace switcher alongside so you can configure any workspace.

| Setting                          | What it does                                                                                                                                           |
| -------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |
| **Currency > Display currency**  | Inherit the application default, or override for this workspace.                                                                                       |
| **Risk appetite > Rate against** | The statistic ratings are computed from: mean, P90, P95 (default), or P99.                                                                             |
| **Risk appetite > Thresholds**   | Dollar levels for **Moderate at or above**, **High at or above**, **Critical at or above** (defaults $250k / $2.5M / $25M), with a live preview scale. |

See [Risk appetite and ratings](/crq-pro/guides/risk-appetite.md) for guidance on choosing these.