Does anybody know how to do this?
Connect your Code 50 to your PC using a cable from the Code 50's USB port to the PC's USB port. In your DAW (recording software) make sure your "INPUT" is set to your Code 50. Make sure your "OUTPUT" is set to your Code 50 or whatever device you're listening to your playback with. You may need to download and instal "ASIO4ALL" to be able to select different input and output devices to use at the same time. You can select "Windows Audio", "Code 50", "ASIO4ALL" or any other "connected" device in the "Audio Setup" or "Song Setup" in your DAW. When you start a new track, make sure you have those I/O (input/output) settings selected for the track. Those are the basics. Consult your DAW owners manual for the specifics for your software.
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