You "master options" are just "options" since you do not have the network version.

Settings > Options > Status > Add, change, delete to your hearts desire to set it up the way you want. 

Also Settings > Options > Items to Print to adjust what you want your output to look like - Do you want depreciation schedules? Do you want the worksheets? ....

Did you possibly install a network version and you are standalone? If so, backup your data. Delete Lacerte. Reboot and then run 2020 Lacerte Web Setup to install again and select standalone when you do.