How to change backup directory from cloud to laptop

I just replaced daughter's laptop and loaded Quicken on it after transferring files from old to new laptop. Quicken updated to current release and opened the file from restored My Documents\Quicken.

When I went to leave/backup, I got a no space error. It seems that she was doing her backup to the Microsoft Cloud. I went to the File->Backup & Restore->Backup a Quicken File and Change; to a the laptop drive ( I do a daily file save to an external drive). It took the change butwhen I said Save but did not change to destination directory. It is stuck on the cloud.

How do I change the backup directory?

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