Apple Soundtrack Pro 2 - Manual (Page 508)

508 Appendix C Working with Professional Video and Audio Equipment
8 In the dialog that appears, enter the SMPTE position where you would like the
sequence to start.
This often is the same as the tape offset. If your timecode source is drop frame, be sure
to select the Drop Frame checkbox.
9 Click the MIDI Sync button in the transport controls.
Soundtrack Pro will now “chase” (synchronize to) timecode sent by the tape deck or
other LTC sources.
MIDI Sync button