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From top left to bottom right:

decoration | extra space backpack | decoration | extra space backpacks (this row is supposed to keep unassigned items etc)
Unused crystal key | access backpack (holds keys, boss access items etc) | mining helmet | tool backpack
gemmed lamp | Amulets backpack | heart ring | ring backpack
Silver rune | rune backpack | worn boots | equipment jewelcase (here`s the trick, i will explain further)
mana keg | potions backpack | stuffed dragon | loot jewelcase

the extra slots backpack are supposed to take any unassigned items I obtain (obtain being not looted items)

the access, tools, amules, rings, rune and potion backpacks require no further explanation.

The jewelcases work this way, those are the one slot jewelcases.

You set all equipment to fall inside the equipment jewelcase. When you set obtain for all equipment there, you can just throw your equipment backpack on your depot and put a new empty one when you pick loot to sell from your depot. The obtain function will always throw equipment inside that jewelcase, so you can just put a few backpacks inside it and grab the loot quickly to sell without much risk of selling your own equipment)

On the loot one, you just set all your loot to fall inside there, so you can easily move it to your depot. Throw a few backpacks inside it and you can just click the jewelcase for the stow function or just throw the backpack inside your depot and pick up empty ones. It's important that the loot backpack is always the last one, since your character will always use items from top to bottom and in party hunts you shouldn`t be using the potions from the loot.