joined as the manager and where its first software was published in 1977. Peachtree was the first successful business software made for microcomputers, supplanting the General Ledger programmed with CBASIC and distributed by Structured Systems Group. It is the oldest microcomputer computer program for business in current use. The company expanded its offerings with its acquisition of Layered, an accounting program designed for use on the Macintosh. The company's products were included in the initial launch of the IBM Personal Computer, and it was acquired by Management Science America (MSA) in June 1981. By early 1984 InfoWorld estimated that Peachtree was the world's seventh-largest microcomputer-software company, with $21.7 million in 1983 sales. After several subsequent changes of ownership ending with ADP, Peachtree was eventually acquired by the Sage Group in 1998 for million. In the US, many schools utilize this program in their Accounting classes. Canadian version The Canadian version of Sage 50 was previously known as Bedford Accounting and later renamed to Simply Accounting. In 2013 it was brought under the Sage 50 banner. Bedford Software developed Bedford Integrated Accounting for DOS in 1985 and for Macintosh in 1988, then naming it Simply Accounting. Bedford Software was acquired by Computer Associates in 1989. Simply Accounting became an Independent Business Unit of Computer Associates in 1996 and subsequently incorporated as ACCPAC International, Inc. in 1998. ACCPAC was acquired by The Sage Group in 2004 for integration with its ERP products. It is developed in Richmond, British Columbia. French version The French version of the product, known as Sage 50 Ciel, was originally developed by Ciel, the French software business, founded in 1986 that Sage acquired in 1992. German/Austrian version The Austrian and German versions of the product were formerly known as Sage GS-Office. It came under the Sage 50 banner in 2015. Polish version The Polish version of the product was known as Sage Symfonia 50, until it was acquired by Mid Europa Partners in 2021 and rebranded as Symfonia. Spanish version The Spanish version of the product was formerly known as Sage ContaPlus. First offered in the early 1980s by Grupo SP, it gained incredible popularity in 1990 by using news stands as point of sale and was offered at very low prices at a time where professional accounting was very expensive. ContaPlus also took advantage of the Spanish accounting reform of 1990. Nowadays, ContaPlus is the "accounting standard"