Which type of application software is Tally?

The correct answer is - Accounting package

Key Points

• Accounting package
  • Tally is a widely used software specifically designed for accounting and financial management.
  • It provides tools for inventory management, payroll, and tax management.
  • Tally is utilized by businesses to manage their financial transactions efficiently and maintain accurate financial records.

Additional Information

• Other types of application software
  • Statistics package
    • Software designed for statistical analysis and data visualization, e.g., SPSS, SAS.
    • Used in research and data-driven fields to perform complex statistical tests.
  • Spreadsheet package
    • Software used for organizing, analyzing, and storing data in tabular form, e.g., Microsoft Excel, Google Sheets.
    • Enables users to perform calculations and create graphs and charts.