LIFO-PRO, Inc. is the only company in the U.S. with LIFO inventory accounting as their sole business.
Our LIFO-PRO software is the only comprehensive, commercially available non-auto dealer LIFO program on the market. The software can be used for all Book and Tax LIFO methods and for Sec. 263A cost calculations.
Our company is headed by the only CPA in the U.S. whose entire practice is devoted to non-auto dealer LIFO. He is the most experienced non-auto dealer LIFO practitioner in the U.S. with over 50,000 hours of non-auto dealer LIFO experience spanning over 30 years. Our company has been in business since 1992.
We serve clients in all industries except auto dealers including retail, manufacturing, wholesale and food processing. Manufacturers are our largest clientele in terms of number of clients. Our software is very widely used by department and discount store chains and supermarket chains with over 60% of all LIFO inventories in the U. S. calculated using LIFO-PRO software for these retailers.
In addition to our primary business of providing LIFO software and services directly to corporations, we are the non-auto dealer LIFO resource for over 30 CPA firms.
Our clients include Wal-Mart Stores, Target, Kroger, Ford Motor Co., General Mills as well as many smaller companies.
Our Mission Statement is "To provide timely service to existing and new clients, providing them the benefit of our extensive LIFO experience to enable them to maximize their LIFO tax savings."