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You can reach Database Settings tab by clicking Tools > Options > Database Settings.
Shrink Database Now : You can shrink database manually at any time.
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User can enable clearing old records and then select which records will be cleared.
-Reports
-Created file records
-Folder watcher file records
-Safe recording temp file records
-Older than (...) days
-Additionally user can adjust that how old records will be cleared. There is a “Clear Records Now” button which obviously starts clearing old records at that moment.