Edit by hand when you want to: cut by deleting words from the transcript, split and trim on the timeline, and add captions.
The editor's hands-on tools, for the edits you would rather make yourself.
Cut your video from its transcript: select words and delete them, and bring them back if you change your mind.
The timeline's core tools: split a clip at the playhead, delete without leaving gaps, and slip to show a different part of a shot.
Highlight transcript text to turn it into captions, then style them with your fonts and colours.