Now, Skype is a common platform for all online users. Skype can help all, it can be either business users and non business users. People can do chat, speak, flirt, and more action using skype. Even business activities are take place in skype. Even though, All business and non business activities are going on skype, Particular group of peoples like to record their actions on skype. For instance, if business professionals conducting a meeting in skype, They need to record this event and transcribe it for a particular business purpose. Therefore there are some third party software’s are available in online that can allow skype users to record their videos in skype independently. Besides some skype video transcription companies like video transcription star are fulfilling their transcription requirement effectively.