Vinyl Studio is the recommended choice for transferring vinyl to the computer using the PS Audio NuWave Phono Converter.
Here is a step-by-step video tutorial on setting it up.
httpv://www.youtube.com/watch?v=OB1vlAFd5Mc&list=PLd_UBKioKrnbyjgKbVI1f7LmCRECa2HS2