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What is LIFO Software?

The software designed for LIFO calculations provides an intuitive data interface and boasts extensive databases for both new and pre-owned vehicles. It compiles cost information for all eligible vehicles that are currently in production and available for sale at automotive dealerships, allowing users to accurately document the cost data relevant to their inventory at the conclusion of the fiscal year. Moreover, it utilizes Microsoft Excel® for its reporting functions, which allows for easy integration with various accounting software platforms, such as Reynolds & Reynolds, ADP, and QuickBooks. This solution stands out as not only efficient and accurate but also a budget-friendly choice for managing LIFO calculations within automotive dealerships. Users benefit from easy access to the latest features and enhancements through downloadable updates from the website. Additionally, the application can be set up on either a server or installed as a stand-alone version for individual PCs, providing flexibility for both multi-user and single-user environments. Overall, this software enhances operational efficiency while simplifying the complexities associated with LIFO calculations.

What is Autosmart?

A customized solution designed to fulfill the needs of nearly any auto dealership. This powerful, adaptable, and intuitive system boosts the productivity and profitability across all departments in your dealership. You can manage the stock of both new and used vehicles while attaching multiple images for each car and tracking their age based on purchase and sale dates. Moreover, Autosmart includes built-in calculations for sales tax, simplifying the financial aspects of transactions. It also allows you to store essential contact details within the software, making it easy to reference information for vendors and customers related to purchases, sales, and maintenance histories. By diligently tracking actual vehicle costs through the documentation of all maintenance and repair activities conducted on each vehicle, you acquire a complete financial perspective. The inventory can be filtered and searched using a variety of criteria, and the preview tooltip feature offers immediate insights into each search result without the need to load the complete record. In addition, Autosmart allows you to keep track of check receipts from customers, providing a comprehensive payment history along with the current receivable balance to keep you updated on your financial dealings. This rigorous approach not only promotes efficiency but also ensures that your dealership runs seamlessly and effectively, empowering you to make informed decisions that drive success.

Media

Media

Integrations Supported

Frazer Auto Dealer Software
Microsoft Excel
QuickBooks Online

Integrations Supported

Frazer Auto Dealer Software
Microsoft Excel
QuickBooks Online

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LBMC

Date Founded

2017

Company Location

United States

Company Website

www.lbmc.com/services/technology/software/lifo/

Company Facts

Organization Name

Techweavers

Date Founded

2007

Company Location

United States

Company Website

www.tech-weavers.com/products-autosmart

Categories and Features

Auto Dealer Accounting

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

Categories and Features

Auto Dealer

Accounting
Buy-Here-Pay-Here
Collections Management
Contact Database
Customer Database
Document Management
F&I Management
Financing Management
Form Printing
Inventory Management
Lease Management
New Car Dealer
New Car Lot
Online Inventory
Parts Management
Sales Management
Service Department
Used Car Lot
Website Integration

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