Settings
Most parts have a Settings screen using which basic part settings can be modified.
The Target Side is the side that this part will interact with. It defaults to the opposite of the side this part was placed upon.
The Ticks/Operation allows you to configure the ticking frequency of this part. The higher, the slower it operates.
The Priority determines the order in which this part is executed within a single network tick.
The Energy Channel indicates the channel from which energy should be consumed when this part ticks. This is only applicable if energy consumption for networks is enabled.