Timecode slaving to IAC driver not working.

Hi,

I am trying to get Cubase acts as a timecode slave to any incoming MIDI timecode (MTC) on the IAC driver port(s) selected in the MIDI Timecode section, to the right of the Timecode Source section as in the
CubaseMTCFinale.gif
animation.

Finale is sending the MTC to IAC driver Bus 1, however, Cubase is not listening to that and I suppose in Finale, When I play, pause, stop, rewind, or fast forward using Finale’s Playback Controls, Cubase by receiving MTC responds accordingly. But it is not! I am following the instruction here.

What am I doing wrong please?