Figure 3 The resulting Item Properties window. Properties used in the Sequence Settings box are highlighted in red.
If the clip settings do not match the currently applied Sequence Settings, then you need only open the Sequence Settings panel, select the preset that matches the type of video material you will be editing from the lower left-hand pop-up menu, and press the Load Preset button.

Figure 4 Selecting the Software Preset in order to go through the Tutorial
If you wish to edit using custom material, perhaps with a different frame size or Quicktime codec, you can easily create a new preset by following these steps:
1. Open Sequence Settings from the Sequence menu.
2. Set the Video Codec, Audio Sample Rate, Frame Size, Field Dominance, and Pixel Aspect Ratio that match those of your video clips.
3. Click the Save as New Preset button.

Figure 5 The Save as New Preset button
4. Give your new preset a name and click Save.
The Sequence Settings box will close. To actually use this new setting, you must reopen the Sequence Settings box, select the new setting from the lower left-hand pop-up menu, and click the Load Preset button.
Note: The timebase can not be changed once a sequence has been created. To change the timebase, you must first delete all sequences currently in the browser.