Free FIFO and LIFO calculator for accounting students. Calculate cost of goods sold (COGS), ending inventory value, and compare inventory costing methods side by side. Perfect for accounting assignments, exams, and financial analysis. Layer-by-layer breakdown included.
Hey Product Hunt! 👋
I built this FIFO & LIFO Inventory Calculator because I noticed how many students and small business owners struggle with manual inventory valuation. Calculating COGS and switching between FIFO and LIFO by hand can be tedious and prone to errors.
I wanted to create a completely free, straightforward tool where you can just plug in your purchase and sale entries and instantly see the results. You can even compare both methods side-by-side to see how they impact profitability.
I would love to hear your feedback or any feature requests you might have. Let me know what you think!
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