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Sage 5. 0 Accounting US is a business management software subscription based product published by Sage Group and sold in the United States. It was previously called Peachtree Accounting U. S. A conversion to the Peachtree Sage 5. U. S. data format was made available when Simply Accounting U. S. was taken off the market. As of the 2. 01. 3 edition, the U. S. software is now called Sage 5. U. S. 2The Simply Accounting software once known as Bedford Accounting was renamed to Sage 5. Canadian. The Canadian software shared the new brand name with its unrelated U. S. counterpart in 2. Historyedit. Peachtree Software advertisement in the November 2. Info. World. Peachtree Accounting was originally sold by a software publisher founded in 1. Ben Dyer,3 Ron Roberts, Steve Mann, and John Hayes. The company was carved out of The Computer System. Center, an early Altair dealer founded by Roberts, Mann, Jim Dunion, and Rich Stafford, which Dyer had joined as the manager and where the first software was published in 1. The company expanded its offerings with its acquisition of Layered, an accounting program designed for use on the Macintosh. The companys products were included in the initial launch of the IBM Personal Computer, and it was acquired by Management Science America MSA in June 1. By early 1. 98. 4 Info. World estimated that Peachtree was the worlds seventh largest microcomputer software company, with 2. After several subsequent changes of ownership ending with ADP, Peachtree was eventually acquired by the Sage Group in 1. US1. 45 million. Peachtree was the first business software introduced for microcomputers and the oldest microcomputer computer program for business in current use, with the possible exception of the original Microsoft Basic interpreters, also introduced in 1. External linkseditReferencesedit.