How do I update the format of the date?
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Access the preferences pane.
Keyboard shortcut: Command key (it has a ⌘ symbol) and then the ","
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Click the General, then in the Date/Time format section take notice of Use Local Format checkbox.
When checked the Date popup is limited to only 4 predifined formats based on the local settings of your mac.
When Use Local Format is unchecked the Date popup has 18 different formats.