This is the digitize window. Here is where you set the compression, which bin and drive you are recording to and which streams to record (Video, Audio or Timecode).

Once you have connected the deck to the AVID, you can use this panel to digitze your shots. There are many ways to digitize, the simplest is hitting the big record button when you are at the scene you want. Others can be found in the manual and online help files.