The Mac version differs in that regard from the Windows version and stores all its preferences in the global user defaults system of macOS. See also FAQ → Can I import data from Windows?
Thanks also for the pointer regarding button titles. From the Human Interface Guidelines:
Use verbs in push button titles. An action-specific title shows that the button is interactive and conveys what happens when clicked. For example, Save, Close, Print, Delete, and Change Password are action-specific titles.
According to this, I think it's not wrong to use Edit in that context — especially because the field is edited after pressing the button.