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The status log is in the upper left. It will display any events like backup start/finish times and error information. Buttons to run and cancel backups are below the status log. The progress meters show the progress of the current backup for the current file, folder, job, and all jobs currently being backed up. Below the progress meters are labels for time elapsed, time remaining, current speed, and average speed.
Run Backup: Will backup all jobs including both simple backup jobs created from the simple wizard and any jobs created in advanced mode.
Cancel Backup: Will cancel the backup of all jobs currently running.