Belari VP530 and conversion of LP's to CD


Hi...tech challenged older guy who just purchased a Belari VP530 which has a USB out. I have a new laptop with Windows 7 and I want to know what is a good way to "burn" a CD from my turntable. I understand that I will need to purchase some software to make this all happen. Please advise
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I also use Bellari VP530. I downloaded the software from Audacity free. It is a simple process. Audacity also provides instructions. The sound is adequate for my use which is mostly car stereo.

http://audacity.sourceforge.net/