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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 Carro Systems?

Smart Dealership Software Designed for Sales Success. Carro acts as a comprehensive showroom management tool specifically created for automotive sellers across a diverse range of sizes and categories. Our platform empowers both new and pre-owned vehicle dealerships to boost their sales by streamlining customer interactions, managing internet leads, and overseeing inventory effectively. Crafted by engineers with a wealth of experience in the Automotive Sales Lead Management field since 2001, Carro employs state-of-the-art AI technology to drive higher vehicle sales and foster continuous communication with clients. This groundbreaking system is meticulously designed to meet the requirements of both franchise dealers focused on new cars and independent dealers who deal in used vehicles, ensuring adaptability and efficiency in various retail settings. Utilizing Carro enables dealerships to refine their operations and significantly enhance their outreach to potential customers, ultimately leading to better sales performance. Additionally, the platform's user-friendly interface ensures that staff can easily navigate its features, further contributing to improved dealership productivity.

Media

Media

No images available

Integrations Supported

Microsoft Excel
QuickBooks Online

Integrations Supported

Microsoft Excel
QuickBooks Online

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

£99
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

Carro Systems

Date Founded

2025

Company Location

United Kingdom

Company Website

carro.systems

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

Dealership Management

Accounting
Auto Dealerships
Collections Management
Contact Database
Customer Database
Document Management
Equipment Dealerships
F&I Management
Financing Management
Form Printing
Lease Management
Marine Dealerships
Online Inventory
Parts Management
Powersports Dealerships
RV Dealerships
Service Department
Trailer Dealerships
Used Car Dealerships
Website Integration

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