LIFO Software Features and Pricing

LIFO Software Features and Pricing

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LBMC LIFO Software for Automotive Dealerships

LBMC LIFO Solutions offers LIFO software, an accounting software for automotive dealerships written with the CPA in mind.

Automotive Dealership LIFO Software for CPAs

Our LIFO calculation software offers an easy-to-use data interface and comprehensive vehicle databases for new and used vehicles. It also uses Microsoft Excel® based reporting results allowing for easy integration with your accounting software, such as Reynolds & Reynolds, ADP or QuickBooks. It’s an efficient, accurate and cost effective software solution for automotive dealership LIFO calculations.

Download a Free Demo of the Software.

Automotive Dealership LIFO Software Features

  • Web site software downloads to instantly capture updates
  • Server or stand alone PC based application provides for multiple or single users
  • Data e-mail feature enables remote users to quickly access the same dealership file
  • Microsoft Excel® based reporting allows for:
    • Easy report file transfer between applications
    • Report modification and customization
    • Linking into paperless accounting file software
  • Adjustment fields to provide entry for:
    • Inventory write-ups and write-downs
    • Manufacturer floor plan and advertising assistance
    • Other custom field option
  • Estimation tool for year-end allows multiple inventory scenarios:
    • Same inventory mix from prior period
    • Specific amounts for cars and trucks by manufacturer
    • Specific amounts by model line
  • Calculations available for changes in year-end or reserve recapture
  • Data import feature available

Automotive Dealership LIFO Software Pricing

  • Cost is based on number of calculations to minimize cost
  • Price includes access to entire vehicle database, reports and estimate calculations
  • No set-up or additional fees
  • Single year contract

Automotive Dealership LIFO Software Conversion

Converting to LBMC LIFO software is fast and easy. All that is required is entering the LIFO layer history and the average base costs for the previous year.

Download a Free Demo of the Software.

Technical Assistance / Support

LBMC LIFO Solutions was written by certified information systems professionals at LBMC Technology Solutions, LLC. If you need assistance with the software, we are available via e-mail at or by telephone at 615-377-4600.

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Certain specifications, prices and equipment data have been provided under license from Chrome Data Solutions (“Chrome Data”).© 2012 Chrome Data Solutions, LP. All Rights Reserved. This information is supplied for personal use only and may not be used for any commercial purpose whatsoever without the express written consent of Chrome Data. Chrome Data makes no guarantee or warranty, either express or implied, including without limitation any warranty of merchantability or fitness for particular purpose, with respect to the data presented here. All specifications, prices and equipment are subject to change without notice.