Plug your record player into your computer. If you have a newer, USB record player, you just need to plug in the player. If you do not, your record player likely has RCA outputs. You will use an 1/8-inch stereo to RCA cable for this. The 1/8-inch cable will go into your computer's "Line-In" jack on the sound card.
Open your audio recording software. Many websites offer a free trial of more expensive software. These programs are equipped with the tools necessary to make your record audio sound like a CD.
Press "Record" on your computer and begin playing your album. Press "Stop" when you are done recording.
Open the audio you just transferred from your record. This will open a waveform, or an illustrated view of your song.
Look at the top of your program screen. Adjust your record's frequencies by choosing the "Noise Reduction" option. All professional recording programs will have this option. By performing a noise reduction, you can remove any record grinding noise.
Cut the ends of the song. The beginning and ending of your recording will likely have some blank space in front and back. Cut these away, isolating just the recording.
Adjust the equalization. Mostly professional recording applications will offer the ability to change certain frequency levels. You will want to adjust these based off the quality of your recording. If you're working with a 78rpm record, you will want to remove a lot of the highs. This will help eliminate the record hiss. If your record has minimal pops and hiss, you might want to use a preset in your program. Applications like Pro Tools, Adobe Audition, Acid and Sony Vegas all offer this option.
Normalize your recording to 100%. This will ensure that the volume is full, and is going to be level with the other tracks on your record album.