LIFO-PRO, Inc. Information

LIFO-PRO, Inc. specializes exclusively in LIFO software & services. Our software works for all LIFO methods, including double-extension or link-chain, internal or external indexes & cost or retail LIFO. It automates the inflation & LIFO reserve calculation, historical LIFO layer recordkeeping, reporting, interim estimates, projections & forecasting. It also includes the capability to consolidate multiple entities for companies with multiple subsidiaries or locations on LIFO & also combine separate Book & Tax LIFO calculations to simplify Book vs. Tax differences & calculating Schedule M adjustments. LIFO-PRO's service offerings include: IPIC LIFO Calculation Services BLS CPI/PPI Category assignments for the IPIC LIFO method Internal Index LIFO Calculation Services LIFO Consulting IRS LIFO Forms Preparation Services LIFO Training Complimentary services including Best LIFO Practices Methods Reviews & LIFO Election Benefit Analysis LIFO-PRO has clients of all sizes including Wal-Mart, Target, Kroger, Rite Aid, General Mills & Steelcase. We are the LIFO resource for over 60 CPA firms. We serve all industries except auto dealers. Lee Richardson has approximately 80,000 hours of LIFO experience and is the only CPA with a practice devoted exclusively to LIFO. The LIFO-PRO software is the only standalone non-auto dealer LIFO calculation application commercially available that is not merely a spreadsheet template, Excel macro or database module.