SOURCE: Sage Software

June 12, 2007 09:47 ET

Peachtree by Sage Premium Accounting for Nonprofits 2008 Now Available

Secure, Easy to Use, and Cost Efficient Accounting Package Gets Small Nonprofits Off to the Right Start

ATLANTA, GA--(Marketwire - June 12, 2007) - Sage Software announced today the availability of Peachtree by Sage Premium Accounting for Nonprofits 2008, offering small nonprofits new customer-driven features and enhancements that will save time and improve product performance around daily tasks such as document management and utilizing reports and forms.

For the unique needs of small nonprofits, the new release of Peachtree Premium for Nonprofits offers them trusted double-entry accounting for accurate bookkeeping, and a number of new features and enhancements that include more user-control capabilities and quicker access to information within the product to reduce lag time, especially when working in reports. These performance enhancements will enable small nonprofits to better manage and present financial information to their respective audiences.

"Peachtree by Sage Premium Accounting for Nonprofits offers small nonprofits a very easy-to-use, yet, comprehensive accounting solution for managing their daily operations," said Connie Certusi, general manager, accounting solutions, Sage Software. "Organizations can use Peachtree simply for tracking and managing the money coming in and going out, or they can use it to demonstrate sound fiscal management to donors, benefactors and board members."

Similar to previous releases of Peachtree, small nonprofits can expect true double-entry accounting and analysis tools, along with nonprofit-specific reports and templates for fundraising and donor relations. The features and enhancements detailed below reflect product performance improvements and the greater control available within Peachtree for nonprofits:

--  Document Management -- Peachtree 2008 includes a new document
    management feature that enables organizations to add attachments to records
    and transactions such as vendors, employees, inventory items, or payroll
    checks directly within the product for better tracking and management.  All
    file types are supported with this feature including Microsoft® Excel®
    spreadsheets, Word, photographs and scanned files.
--  Reporting -- small nonprofits now have additional control when
    customizing 19 of the most popular accounting reports within Peachtree by
    using 100 newly available fields in which to add information.  The
    reporting improvements also include 50 new filters, 30 new sorts and
    greater drill-down capabilities. Peachtree 2008 also offers a new
    Transaction Detail Report which is a comprehensive report that enables
    organizations to see key information related to any transactions from one
    location.
--  Forms Design -- a new design screen offers organizations more
    flexibility for adding color, logos and other information to customize the
    standard layout on forms such as invoices, sales orders, quotes, etc.
    Additionally, standard form layouts can be modified easily by turning on
    and off fields from the transaction screen, and the changes are
    automatically reflected on the printed form.
--  Invoicing -- using the new Broadcast Invoices feature, organizations
    can save time by creating one invoice in just a few clicks, and send it to
    any number of donors or benefactors based on many filtering options.
--  Time saving -- small nonprofits will experience faster transaction
    saving and record opening time within the product while working in reports.
    Additionally, customers who don't require the Business Status Center or
    product Navigation Screens can now permanently hide them which also
    improves the time required to open Peachtree.
    
Peachtree also provides small nonprofits with a number of security features to help them protect items such as benefactor privacy, payroll records and deter unauthorized accounting entries. Some of these safeguards include screen-level password security, audit trail tracks, prior-period locking and a backup wizard.

Also available to small nonprofits is Peachtree - Quantum by Sage 2008. Introduced in 2006, Peachtree Quantum is the most comprehensive application in the product line, offering all of the new features and enhancements along with more user and transaction volume support. Included with Peachtree Quantum is Peachtree Quantum Business Care, an extensive service plan that includes all the product updates and upgrades that become available within 12 months of the product purchase date, access to online training and one year of unlimited access to Customer Support.

Growing nonprofits recognize Peachtree as a powerful tool to help them manage current and future growth, and Sage Software offers the assistance they need to manage that growth. As the needs of small nonprofit organizations grow and require additional scalability, there is also a clear migration path available for them up to the company's Sage MIP Fund Accounting.

The Peachtree Premium Accounting line also includes industry-specific versions for accountants, construction, manufacturers and distributors. These industry-specific applications are available in single or multi-user versions. Peachtree Premium Accounting industry-specific solutions are a part of the award-winning Peachtree Accounting product line that includes Peachtree First Accounting, Peachtree Pro Accounting, Peachtree Complete Accounting, and Peachtree by Sage - Quantum, the ultimate, high performance Peachtree solution that supports up to 10 named users, and includes support, upgrades and updates in an automatically renewing yearly plan.

Pricing and Availability

Peachtree by Sage Premium Accounting for Nonprofits 2008 and the industry-specific solutions for accountants, construction, distribution and manufacturing are now available direct from Sage Software, selected resellers, and hundreds of Peachtree Certified Consultants nationwide. The manufacturer's suggested retail price for Peachtree by Sage Premium Accounting for Nonprofits 2008 single user is $599.99 and for multi-user is $1199.99. High value competitive rebates are available from Sage Software for customers on other small business accounting packages. Call 800-228-0068 for more details.

About Sage Software

Sage Software supports the needs, challenges and dreams of nearly 2.8 million small and mid-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading international supplier of accounting and business management software solutions and related products and services for small and mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.4 million customers and employs over 13,000 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

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