Star Micronics SCP700 Series User Manual page 20

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After letting go of the near-end sensor release, grasp the release between
your thumb and forefinger and try moving it left and right, without pressing
down on the release. If this does not cause the near-end sensor release to
move, it means that it is set properly. Should the near-end sensor move at
this time, however, it means that the pointer was between two settings.
Double check to make sure that the pointer is now indicating the sensor
position you want to use. If not, perform the above step once again.
After you are making the near-end sensor adjustments you want, load
thermal roll paper (page 9) and close the printer cover.