We can assist your dealership with the implementation and compliance of the LIFO inventory method for valuing new and/or used vehicles. We use SourceCorp© LIFO system software to generate index computations, LIFO reserve, LIFO layers and inventory reconciliation reports. If your dealership is currently using the LIFO inventory method of valuing new and/or used vehicles, we can determine if it has been handled properly and conforms to current IRS guidelines and regulations before a possible audit situation arises.
We offer LIFO solutions to meet the needs of today's dealers and are in the form of comprehensive software programs:
Comprehensive Software Solutions