View/Download the PDF report version of this guide or our 2024 Top LIFO Candidates List Excel file by clicking the buttons below! LIFOPro’s 2024 Top LIFO Election Candidates List LIFOPro’s 2024 top LIFO election candidates list provides you with the ability to quickly accomplish the following: Determine if a company or industry is a good […]
View/Download the PDF report version of this guide or our 2024 Top LIFO Candidates List Excel file by clicking the buttons below! 2024 Top LIFO Tax Savings Opportunities Abound Although inflation has returned to a more normalized level, there are many industries with inflation at or above the historical levels & will be good LIFO […]
The Bureau of Labor Statistics (BLS) released October Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products increased 0.1% in the last month and rose 2.8% in the last twelve months Processed foods + feeds fell 0.5% from September and increased 1.8% since October 2023 Textile […]
The Bureau of Labor Statistics (BLS) released October 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.1% in the last month and increased 2.6% in the last twelve months Food at home increased 0.1% from September and rose 1.1% since October 2023 […]
LIFOPro has completed the annual updates to the Excel file used by LIFOPro clients for populating BLS PPI Table 9 category names via VLOOKUP formulas in their inventory detail files. LIFOPro clients should use the email received containing the Complete Table 9 PPI Category Name file download link to obtain the updated file (feel free […]
Internal Index Module Specs & Features for LIFOPro Software Users The LIFOPro software Internal Index Module (iiModule) is an invaluable resource for American companies and CPA firms. Software users don’t need to worry about common LIFO errors and inefficiencies that plague most manual calculations. The resources listed below are intended to highlight and explain the […]
The Bureau of Labor Statistics (BLS) released September Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 0.2% in the last month and decreased 1.1% in the last twelve months Processed foods + feeds rose 0.8% from August and increased 1.7% since September 2023 Textile […]
The Bureau of Labor Statistics (BLS) released September 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.2% in the last month and increased 2.4% in the last twelve months Food at home increased 0.4% from August and rose 1.3% since September 2023 […]
The Bureau of Labor Statistics (BLS) released August Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): Farm products fell 3.3% in the last month and decreased 0.6% in the last twelve months Processed foods + feeds decreased 0.2% from July and increased 1.8% since August 2023 Textile […]
The Bureau of Labor Statistics (BLS) released August 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.1% in the last month and increased 2.5% in the last twelve months Food at home decreased 0.1% from July and rose 0.9% since August 2023 […]
Internal Index LIFO Calculations with LIFOPro Software Managing LIFO (Last In, First Out) inventory accounting can be complex and time-consuming, especially when the process is completed manually using spreadsheets. LIFO accuracy is critical because errors can lead to significant deficiencies and material weaknesses in financial reporting. With this blog, I am excited to highlight a […]
The Bureau of Labor Statistics (BLS) released July 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.1% in the last month and increased 2.9% in the last twelve months Food at home increased 0.3% from June and rose 1.1% since July 2023 […]
