A tool setting device includes a base body having longitudinally opposite base top and bottom surfaces laterally bounded by at least one base side surface. At least one setting aperture extends from the base top surface longitudinally downward at least partially through the base body. An elongate setting support slidably fits into a corresponding setting aperture. The setting support includes indicia and a tool engaging feature. A support holding feature is provided for maintaining a longitudinal position of the setting support with respect to the setting aperture. The tool engaging feature is positioned at a predetermined longitudinal distance above the base top surface. The predetermined longitudinal distance bears a direct relationship to the indicia. The tool engaging feature is maintained at the predetermined longitudinal distance through engagement of the setting support with the support holding feature. A method of transferring numerical setting information to a tool is also provided.
