SoundTap is perfect for recording both sides of VoIP conversations - such as those conducted with programs like Express Talk or Skype. Because SoundTap can record an audio stream with perfect digital reproduction, your recording will be exactly as you heard it.
In order to record a VoIP conversation you must check the Record microphone input in the options dialog box. This will ensure that you record the caller and the callee. Alternatively you can click the microphone button next to the record button on the main screen. Note that you can't change the state of the microphone while SoundTap is in record mode. You must first stop recording and then enable/disable the microphone and then restart recording.
Here is a step by step guide to recording a VoIP conversation:
It is important to note that SoundTap will only record microphone input while there is an audio stream. If you are not recording an audio stream, then SoundTap will not record any microphone input. If you need an application which can handle this task you may want to have a look at Record Pad.