MyBook Live 3T - device settings backup

Is it possible to backup the user defined settings for the MyBook Live as in - export the defined files/folders/settings of the device in case I format the computer I do not have to go back and redo all the settings of what to backup and what not to (assuming all remains the same )

I would like to keep the same sattings instead of going back and redo all the paths to backup the data from the computer.

So no one knows for to back up the device settings with the chosen folders and paths for the backups?

On the dashboard choose settings → utilities → Import / Export Current Configuration