LIFO Software vs. MYOB Comparison


LIFO Software LBMC	MYOB	+	+
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		Related Products CDK Global The CDK Dealership Xperience is a cloud-first, secure software as a service (SaaS) platform that enables CDK to deliver what really matters to our dealers more rapidly while laying the groundwork for powerful long-term solutions. This new category of software is unmatched by our competition and is one that only CDK can deliver. Bolt-on solutions are hurting dealers due to rising costs, broken workflows and dealership turnover. Our open and integrated platform transforms how dealers sell and service cars and operate their businesses simply in a modern and digital world. The CDK Dealership Xperience also expands dealers’ business potential through an offering of advanced solution suites designed to integrate seamlessly with our Foundations Suite to accelerate performance. These suites within the Dealership Xperience are the Foundations Suite, Fixed Operations Suite, Modern Retail Suite, and Intelligence Suite. 331 Ratings Visit Website Xero Save 50% for 3 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 4,785 Ratings Visit Website Jama Connect Jama Software® is focused on maximizing innovation success in multidisciplinary engineering organizations. Numerous firsts for humanity in fields such as fuel cells, electrification, space, software-defined vehicles, surgical robotics, and more all rely on Jama Connect® requirements management software to minimize the risk of defects, rework, cost overruns, and recalls. Using Jama Connect, engineering organizations can now intelligently manage the development process by leveraging Live Traceability™ across best-of-breed tools to measurably improve outcomes. Our rapidly growing customer base spans the automotive, medical device, life sciences, semiconductor, aerospace & defense, industrial manufacturing, consumer electronics, financial services, and insurance industries. 363 Ratings Visit Website OmegaCube ERP OmegaCube ERP is a powerful ERP software built for small & medium manufacturers & distributors. OmegaCube ERP has enabled enterprises from diverse industries (automotive, medical devices, aerospace, metal fabrication & electronics etc.) to realize workflow automation, centralized plant operations, cost reduction etc. It can be integrated with third party Nesting, CAD, e-Commerce, RFID, Bar Code, Shipping & Logistics, Credit Card Payments & manufacturing intelligence software. The ERP is equipped with a product configurator that helps create rule-based solutions to meet various requirements. OmegaCube ERP is backed by a proprietary web-based platform, that allows enterprises to deploy it on premise or on a public/private cloud. It allows them to extend or customize, build own applications & incorporate unique rules with minimal coding. Our well-defined implementation methodology ensures that customers utilize the ERP to its complete potential & achieve business processes automation. 13 Ratings Visit Website NovusMED NovusMED is an ecosystem that includes call center, administrative, driver applications, and client/clinic booking applications. NovusMED is the platform of choice for a wide range of medical transportation services and includes configurations for brokerage, providers, senior, community, and home health programs. Accurately manage calls and patient information. Monitor real-time performance and adjust resource capacity to meet changes in service demand. Manage will calls, confirmation calls, and recurring trips/standing orders in real time. Improved mileage reimbursement and cost calculators to manage multiple contractors, funding sources (payors), multiple providers, and volunteer driver programs. Enhanced credential management for vehicles and drivers. Manage subcontractor outsourcing with provider mobile, trip bidding, and trip offers. Able to see the closest vehicle and perform immediate bookings. 1 Rating Visit Website Vehicle Acquisition Network (VAN) Vehicle Acquisition Network (VAN) is an advanced vehicle sourcing platform built for auto dealerships that want to acquire more used inventory directly from private sellers. Rather than relying on auctions or trade-ins, VAN helps dealers identify, contact, and acquire vehicles from consumers in their local market—faster, more affordably, and at higher margins. VAN’s platform includes live FSBO listings, VIN decoding, market valuation tools, automated outreach, CRM-style lead management, and team performance tracking. The software integrates with major trade-in tools like KBB ICO and AccuTrade, and scales to support solo buyers or entire acquisition teams. For dealers who want results without adding headcount, VAN also offers a Managed Buyer program—an all-inclusive service with a dedicated buyer who handles outreach, negotiation, and appointment setting on your behalf. Vehicle Acquisition Network is trusted by hundreds of franchise and independent dealers across North America. 3 Ratings Visit Website Now Commerce Now Commerce is a web-based B2B eCommerce portal with built-in QuickBooks integration. It allows wholesalers, manufacturers, and distributors to manage orders from their wholesale accounts and other B2B customers from a single web-based dashboard. As orders come in, they're added to QuickBooks automatically, eliminating you manual order entry workload. Now Commerce is compatible with both QuickBooks Desktop and QuickBooks Online. Modules can be used standalone or combined to create a custom B2B eCommerce solution for your business. The B2B CUSTOMER PORTAL enables your wholesale accounts and other B2B customers to enter orders online through your branded portal. The SALES REP PORTAL lets your sales reps enter orders online for their assigned accounts and provide customer service from anywhere. The SHIPMENTS MANAGER sends shipment requests from QuickBooks to your 3PL provider or in-house shipping software and records confirmations of completed shipments. 40 Ratings Visit Website RouteGenie Everything you want in your NEMT software. RouteGenie minimizes your costs by building you the most efficient schedule everyday based on the capacity of your vehicles. On average, RouteGenie customers see a 10-20% reduction in the number of vehicles on the road and miles driven. Once your day gets started, a lot of trip changes are coming: new trips, no shows, driver call offs, and vehicle breakdowns happen everyday. DispatchGenie adjusts in real-time, making live dispatching decisions and even muti-loading trips automatically. Transportation providers get trips from a wide variety of different sources. Getting all of them into one place with the most up-to-date and information is critical. The ImportGenie offers best-in-class real time integrations to make information flow into your systems seamlessly. BillingGenie helps you maintain the financial health of your business by making it easy to generate all of your billing. This will include broker billing, and CMS 1500 forms. 48 Ratings Visit Website TripMaster Industry-Leading NEMT & Paratransit Scheduling & Dispatching Software. TripMaster provides efficient, cost-effective NEMT, demand-response, and paratransit management tools. Supporting your paratransit and NEMT operations with user-friendly solutions. Since the beginning, TripMaster has been driven by our customers. Today it’s a full-service transit suite, including modules for: Automated scheduling, Powerful custom reporting, Integrated voice response, Mobile solutions and an automated vehicle locator, Web-based rider portal. CTS Software offers complete auditing support, manpower and vehicle resource management, cost control, payroll tracking, route management, statistical reporting, computer-assisted scheduling, electronic billing, and much more. We offer a 90-day, money-back guarantee: after a live demo to show you TripMaster, we set up your database and work with you to train the members of your staff, offering our full range of support and training. 112 Ratings Visit Website MRPeasy MRPeasy helps small manufacturers grow with easy-to-use tools that cover all the essentials they need to manage their production. Having built the first cloud-based MRP platform in 2014, we offer user-friendly software-as-a-service that covers everything from production planning to CRM, skipping all the features that are too complex or irrelevant for small manufacturers. This means smaller manufacturers get access to powerful production planning tools, levelling the playing field with larger competitors. With MRPeasy, you know exactly how much your products cost and when they’re ready, helping you to steer your business effectively. MRPeasy integrates with leading accounting software like QuickBooks and Xero and e-commerce platforms like Shopify and WooCommerce, providing a comprehensive, fully integrated business management solution. 204 Ratings Visit Website
About Our LIFO calculation software offers an easy-to-use data interface and comprehensive vehicle databases for new and used vehicles. The software accumulates cost data for all eligible vehicles manufactured and available for sale at automotive dealerships and allows users to capture the cost data relevant to the inventory held at the dealership’s fiscal year-end. It also uses Microsoft Excel® based reporting results allowing for easy integration with your accounting software, such as Reynolds & Reynolds, ADP or QuickBooks. It’s an efficient, accurate and cost-effective software solution for automotive dealership LIFO calculations. Website software downloads to instantly capture updates. Server or stand-alone PC based application provides for multiple or single users.	About MYOB Business is a comprehensive cloud-based accounting and business management software designed to streamline financial and operational processes for small to medium-sized enterprises (SMEs). It offers a wide range of features, including invoicing, expense tracking, payroll management, inventory control, and tax compliance. With real-time financial reporting and user-friendly dashboards, MYOB Business provides valuable insights to help business owners make informed decisions. The platform supports seamless integrations with banking systems, payment gateways, and other business tools, enabling automation and reducing manual tasks. MYOB Business is known for its scalability, catering to growing businesses by offering flexible pricing plans and customizable features to meet diverse industry needs.
Platforms Supported Windows Mac Linux Cloud On-Premises iPhone iPad Android Chromebook	Platforms Supported Windows Mac Linux Cloud On-Premises iPhone iPad Android Chromebook
Audience Accounting software for automotive dealerships	Audience Small to medium-sized businesses in Australia and New Zealand
Support Phone Support 24/7 Live Support Online	Support Phone Support 24/7 Live Support Online
API Offers API	API Offers API
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Free Trial	Pricing $11/month Free Version Free Trial
Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Training Documentation Webinars Live Online In Person	Training Documentation Webinars Live Online In Person
Company Information LBMC Founded: 2017 United States www.lbmc.com/services/technology/software/lifo/	Company Information MYOB Founded: 1991 Australia www.myob.com/au/products/myob-business
Alternatives eraPower Pentana Solutions	Alternatives Xero
Blackpurl	FreshBooks
Autodeals Autodeals Inc	QuickBooks Online Intuit
AutoAps	AccountEdge Priority Software US
Dealer Gears View All	IDOS Digital CFO - IDOS View All
Categories Auto Dealer Accounting	Categories Accounting Accounts Receivable Auto Dealer Accounting Billing and Invoicing Bookkeeping Budgeting Business Performance Management Church Accounting Construction Accounting Fund Accounting Payroll School Accounting Time and Expense Trust Accounting
Auto Dealer Accounting Features 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	Auto Dealer Accounting Features 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 Show More Features Accounting Features Accounts Payable Accounts Receivable Bank Reconciliation Billing & Invoicing Cash Management CPA Firms Cryptocurrency Support Expense Tracking Fixed Asset Management Fund Accounting General Ledger Government Multi-Currency Nonprofits Payroll Management Project Accounting Purchase Orders Tax Management Accounts Receivable Features ACH Payment Processing Billing & Invoicing Check Processing Collections Management Online Payment Processing Overpayment Processing Partial Payments Receivables Ledger Recurring Billing Billing and Invoicing Features Billing Portal Contact Database Contingency Billing Customer Portal Customizable Invoices Dunning Management Hourly Billing Invoice History Mobile Payments Multi-Currency Online Invoicing Online Payments Payment Processing Project Billing Recurring/Subscription Billing Service Ticket Billing Tax Calculator Bookkeeping Features Accounts Payable Accounts Receivable Bank Reconciliation Billing & Invoicing Cash Management Collections Expense Tracking Fixed Asset Management General Ledger Payroll Revenue Recognition Spend Management Tax Management Business Performance Management Features Ad hoc Analysis Ad Hoc Reports Budgeting & Forecasting Consolidation / Roll-Up Dashboard Key Performance Indicators Predictive Analytics Qualitative Analysis Quantitative Analysis Scorecarding Strategic Planning Church Accounting Features Accounts Payable Accounts Receivable Asset Management Bank Reconciliation Budgeting & Forecasting Donation Management Fund Accounting General Ledger Payroll Management Construction Accounting Features Accounts Payable Accounts Receivable Billing & Invoicing Budgeting & Forecasting Cash Management Construction Breakdowns General Ledger Job Costing Overrun Projections Payroll Management Purchase Order Management Quotes / Estimates Fund Accounting Features Accounts Payable Accounts Receivable Activity Tracking Asset Management Bank Reconciliation Budgeting & Forecasting Compliance Management Donor Management General Ledger Partnership Accounting Purchasing & Receiving Payroll Features 401(k) Tracking Attendance Management Benefits Management Check Printing Compensation Management Deductions Management Direct Deposit Multi-Country Multi-State Reporting/Analytics Self Service Portal Tax Compliance Vacation / Leave Tracking W-2 and 1099 Preparation Wage Garnishment School Accounting Features Accounts Payable Attendance Management Billing & Invoicing Budgeting & Forecasting Class Loading Fixed Asset Management For Private Schools Fund Accounting General Ledger K-12 Payroll Management Purchasing Time and Expense Features Activity Tracking Billable Hours Tracking Billing Rate Management Expense Tracking Invoice Processing Multiple Billing Rates Project Tracking Reimbursement Management Time Tracking by Client Time Tracking by Project Trust Accounting Features Accrual Accounting Activity Tracking Asset Gain & Loss Reporting Check Writing Compliance Management Cross Ledger Posting Customer Statements Fee Calculation & Posting Receipt Management Tax Management
Integrations Abtrac Assignar AutoEntry Ento FoodStorm Gaviti Indigo8 Inzant Sales Opmetrix Planium Pro Qvinci Roubler Shoeboxed Shopify Sync Virtual Cabinet Wageloch WooCommerce Workshop Software eNETEmployer Show More Integrations View All 3 Integrations	Integrations Abtrac Assignar AutoEntry Ento FoodStorm Gaviti Indigo8 Inzant Sales Opmetrix Planium Pro Qvinci Roubler Shoeboxed Shopify Sync Virtual Cabinet Wageloch WooCommerce Workshop Software eNETEmployer Show More Integrations View All 165 Integrations
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