To set it up you need to use the flac.exe as an encoder for flac and set the Manual command line like this https://imgur.com/a/b1nwRP0. This is a bare minimum command line:
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C:\lossywav\lossyWAV.exe - --quality I -- |
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C:\lossywav\lossyWAV.exe - --quality I -- | -s -b 512 -8