I was wondering if anyone had suggestions for recording and transcribing interviews. I'm doing them both remotely and in person, but I'm trying to use the same method for each.

My plan right now is to record all audio (over Skype and in person) using Garageband. Then I'll use YouTube's captioning system for a rough transcription and go through each recording to make edits manually.

I'd be interested in hearing other alternatives! I'm currently running Yosemite 10.10.1 and iOS 8.1.3 if that matters.