Owner's Manuals usually won't specify anything about correct belt synchronization. Service Manual should. If with internal banging sound already a correct belt resynch to specs won't do much. Piston head probably has already bent upper valve head, stem or valve guide or a combo of all 3. If keep testing the OB to find the hidden culprit will only worsen things internally speaking. It's entirely up to you, it's your OB.
BTW, Got my manual and it's saying you can't adjust timing on my motor ? Why would you need to readjust timing again, comes factory adjusted spot on. Manuals won't mention belt slip issues, are rare, only belt change and correct snych procedures.
All timing belts are put on, take off, should be replaced at X number of run hours, if not might break during operation and screw the engine, now imagine the extreme inflicting damage at wot...
Happy Boating