Working with burn-in timestamp.
Hey all, I know timecode/timestamps can be a tricky subject, but I'm really just trying to do something pretty basic. I sent audio from a 30-minute interview off for transcription, and I'd like to be able to match up the time-stamped transcription with burn-in timestamps on the interview video. So I open the sequence I exported my audio clip from, drop an adjustment layer above my interview clips starting at 0:00, and set the length to be exactly as long as all my clips. Here's a screenshot of what that looks like:

I then apply the "Timecode" effect to the adjustment layer. With the playhead at 0:00 on the timeline, I want the timestamp to start at 00:00:00:00, or maybe 01:00:00:00, but instead it starts at 01:01:51:03. See below:

Here are my sequence settings, clips settings, and effect settings:



What am I doing wrong?

