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Tools handles the small post-production jobs that eat your time. Open it from the shortcut on Home. Each tool shows whether it works on the whole document or the selected layers, and confirms when it’s done.
The Tools screen with its setup tools and document tools

The Tools screen

Every tool that changes the document is a single undo step in the History panel.

Set up

Save document as template

Turns the group structure of the open document into a reusable template. See Create a template from a document.

Manage render elements

Opens the Render elements list.

On the open document

Reset layer transforms

Whole document. Bakes every smart object at 100% scale without changing how it looks. Run it after Update renders fitted a larger render into an old footprint and you want the smart objects to read 100% again.
Baking turns linked smart objects into embedded ones.

Collapse groups

Whole document. Folds every group in the Layers panel.

Extract layer masks

Selected layers. Makes masked groups from the R, G and B channels of the selected multimatte smart objects, using the nametags in their file names (or their layer names). Existing layers and groups with the mask’s name get the mask; otherwise a new group is created. See Masks.

Masks from Cryptomatte

Whole document. Makes masks from a Cryptomatte on the open document, without updating any renders. Browse the Cryptomatte EXR (and the beauty render too, if the EXR has none), pick mattes in the list or in the image, and press Make masks. Layers and groups already named #name get new masks, and the other mattes get new groups. See Cryptomatte.
The Masks from Cryptomatte dialog over the Tools screen, with mattes picked and a Make masks button

Masks from Cryptomatte: pick mattes, then Make masks

Refresh merged layer

Selected layers. Rebuilds a “stamp visible” layer with smart filters on top of your stack (for example a merged layer carrying Camera Raw or sharpening). It merges everything visible into a new smart object, moves the selected layer’s smart filters onto it, and puts it in the old layer’s place with the same name, opacity, blend mode and visibility. Run it after you change layers below, so your finishing filters apply to the fresh result. The selected layer must have smart filters.
The Layers panel before and after refreshing a merged layer with smart filters

Refresh merged layer: a fresh stamp of the image with the same smart filters

Convert to smart objects

Whole document. Turns every render element pixel layer (a layer whose name contains an element name) into a smart object, keeping its opacity, visibility and blend mode. Use it on PSDs where the renders were placed as normal layers, so Update renders can work with them.

Rasterize render elements

Whole document. Rasterizes every render element smart object, keeping its look, opacity, visibility and blend mode. Handy before you hand a PSD to someone who doesn’t need live smart objects.
Rasterized layers can no longer be updated by LayerWise. Keep a copy of the smart object version.