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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 InterActive DMS?

Our pricing remains competitive within the industry, and we invite you to experience our services through a demo! Built with user experience at the forefront, our system enables you to get started quickly and efficiently. By opting for our extensive product suite, you'll gain access to the software, a fully customized and SEO-friendly website, along with all the essential data feeds required to run your dealership successfully. Since our inception in 1991, we have been providing software solutions for independent car dealerships in 46 states. You have the flexibility to easily adjust your business fields to comply with local and state regulations, customize dealership-specific fields, control user access, and improve security measures. InterActive DMS is crafted to be straightforward, user-friendly, and rapid. Our platform gives you the capability to effectively track lot inventory and detailed vehicle information, addressing aspects such as floor planning, reconditioning, options, photo previews, and live website data integration, among others. Furthermore, you can effortlessly create comprehensive customer profiles that encompass contact details, references, insurance information, and nationwide zip code support. With our solutions, managing your dealership has never been more organized or efficient! Moreover, we are committed to continuously enhancing our offerings to better serve your needs.

Media

Media

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

$595.00/one-time
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

Wilson Software

Date Founded

1991

Company Location

United States

Company Website

www.interactivedms.com

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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