“Cannot save application settings” Error

If you see an error message similar to the following: (CCRQOrderParmCommon:5,0) Cannot save application settings – there are several  possible causes for the problem; Essentially, CCRSoftware programs store a parameter file named CCRQ.XML at a location that you specified (the “common location” or “common folder”). For some reason, either that location cannot be accessed or your Windows user account doesn’t have the proper permissions to access that location.

This is very similar to the error Cannot open/create a parameter filePlease refer to this article for details on how to correct the problem.