LIFOPRO Inc

LIFOPRO Inc. is a company based in Omaha, Nebraska, with 6 employees. The company specializes in providing LIFO software and services. Their software is designed to handle all LIFO methods, including double-extension or link-chain, internal or external indexes, and cost or retail LIFO. The software automates tasks like inflation and LIFO reserve calculation, historical LIFO layer recordkeeping, reporting, interim estimates, and projections. LIFOPRO's services cater to a wide range of businesses, including those with multiple subsidiaries or locations. They offer 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, and LIFO Training. Additional complimentary services include Best LIFO Practices Methods Reviews and LIFO Election Benefit Analysis. The company boasts a client base that includes large corporations such as Wal-Mart, Target, Kroger, Rite Aid, General Mills, and Steelcase, as well as over 60 CPA firms. LIFOPRO distinguishes itself by offering a standalone LIFO calculation application specifically designed for non-auto dealer businesses. This software is not simply a spreadsheet template, Excel macro, or database module, setting it apart from other LIFO solutions. Lee Richardson, the company's founder, possesses approximately 90,000 hours of LIFO experience and is the only CPA with a practice solely focused on LIFO. For inquiries and support, you can visit their website at lifopro.com.