LIFO Software Description

Our LIFO calculation software features a user-friendly data interface along with extensive databases for both new and used vehicles. It gathers cost data for all qualifying vehicles produced and on sale at automotive dealerships, enabling users to record the cost information pertinent to the dealership's inventory at the end of its fiscal year. Additionally, it employs Microsoft Excel® for reporting, facilitating seamless integration with various accounting software options, including Reynolds & Reynolds, ADP, and QuickBooks. This software solution is not only efficient and precise but also a cost-effective option for managing LIFO calculations in automotive dealerships. Users can easily download updates from the website, ensuring they have access to the latest features and improvements. Furthermore, the application can be installed on a server or as a stand-alone PC version, accommodating both multiple users and single-user setups.

Integrations

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Company Details

Company:
LBMC
Year Founded:
2017
Headquarters:
United States
Website:
www.lbmc.com/services/technology/software/lifo/

Media

LIFO Software Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
Training Videos
Customer Support
Business Hours
Online Support

LIFO Software Features and Options

Auto Dealer Accounting Software

Buy-Here-Pay-Here
Collections Management
Expense Management
Financing Management
Inventory Management
Lease-Here-Pay-Here
Parts Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management
Service Department

LIFO Software User Reviews

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