About Peachtree

Brief History of Peachtree by Sage

1970sThe Computer System Center (TCS), founded in 1976 by Ron Roberts, Steve Mann, Mike Jones and Ben Dyer, was Atlanta’s first computer store where the accounting software, Peachtree, was created. Retail Sciences, Inc. purchases the accounting software that becomes Peachtree Software.

1980′s

Peachtree Software makes a secret deal with IBM to create the accounting software bundled on the first IBM PC. The first IBM PC ships August 12, 1981 and Peachtree Software is included.

Peachtree Software is purchased by Intelligent Systems, who lowers the price to $200 and sells it via a direct marketing ad in the Wall Street Journal – beginning an innovative revolution in small business accounting software. Peachtree checks is easy to use and available in different styles.

1990′s

Peachtree introduces the first accounting software for Windows in 1991. Peachtree acquires One-Write Plus and launches Peachtree Office Accounting, the first open architecture accounting software for small businesses.

Automatic Data Processing (ADP) acquires Peachtree Software in 1994, and sells it to The Sage Group, plc in 1999.

2000′s

Sage introduces the Peachtree industry vertical solutions for accountants, construction, nonprofits, distribution and manufacturing.

Sage introduces outsourced payroll services and Direct Deposit services for Peachtree customers.

Sage introduces Peachtree by Sage – Quantum, an affordable next step accounting solution for companies that have outgrown the capacity of the current Peachtree product line or other similar small business accounting solutions. Peachtree Quantum has introduced new functionality and scales to 40 users.