About LIFO Software
LIFO Software is an automotive dealership software from LBMC that supports the management of last in, first out inventory accounting methods. It provides features such as technical support, location management, and industry-specific functionalities to help automotive dealerships and CPAs manage their inventory and accounting processes efficiently. The software is designed to meet the unique needs of automotive dealerships, allowing them to navigate complex inventory regulations and financial reporting requirements. Key capabilities: technical support location management inventory tracking financial reporting user access control Best for: automotive dealerships and CPAs that need effective inventory accounting solutions.
LIFO Software Details
LIFO Software's In-App Market Place
Does LIFO Software have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CNY (¥), CHF (CHF), HKD (HK$), INR (₹), RUB (₽), MXN (Mex$), SGD (S$), BRL (R$), ZAR (R), NOK (kr)
Pros & Cons
- Excel-based reporting, compatible with major accounting software (e.g., QuickBooks, Reynolds & Reynolds)
- Remote access via email data-sharing feature
- Customizable reporting fields (inventory write-ups/write-downs, manufacturer assistance)
- Estimation tools for inventory scenarios at year-end
- Frequent updates via online downloads
- Limited to automotive dealership applications
- Customization requires familiarity with Excel or additional expertise
- Available only for specific regions (U.S.-based support and locations)
- Lacks a cloud-based option; may be reliant on server or local PC
LIFO Software's Support Options
Email Address
info@lbmctech.comContact
615-377-4600