See this article for how we automatically ready timecode and framerate in compatible codecs/container audio/video formats. That article also describes how you can manually set it.
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Instructions to create proxies from your video editing software that you want Simon Says to read and preserve its timecode through to when you export your transcript to Word or as captions back to your video editing software:

From Avid:

Select clip(s) in bin.

File>output>export to file.

Make and save these settings.

Select “Video and Audio”

Choose “format options” to get to the dialog:

Click “settings” to set to low quality

Once settings are made and saved, they can be easily recalled.

From FCPX:

Select clip(s) in browser

Select the Share icon, then select "Master File".

Set to H264 on the “Settings” tab.

From DaVinci Resolve:

From the EDIT page, select clip(s).

From the File menu select “media management”

In media management dialog select: Clips, Video Format Quicktime, Codec h264, and limit data rate at 4000

Set audio to AAC

From Premiere Pro:

Premiere does not offer a low bandwidth timecoded file export type like h264. The best available option is to use Pro-Res Proxy.

Select your media.
Press command M to export media.
Select Quicktime and Pro-Res Proxy.  The file will be about 40% of the original size.

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