Unscrew the seating stem until it is almost out of the die. Place a flared die in the shell holder/plate and raise the ram.
Screw in the die body until you feel resistance where the crimp section contacts the case. Lower the ram and unscrew the die body 1-2 full turns.
Place a bullet on the case and raise the ram. Screw the seating stem down until it contacts the bullet (without letting the die body turn). Lower the ram and turn the seating stem an additional 2 turns (without letting the die body at all). Raise the ram and you'll feel the bullet seat. With the ram still up, turn the lock ring on the die body down to lock the die body in place. Now, you can adjust the seating stem to get the COL you want.
As long as you aren't seating and crimping in one step, the die body is permanently set.