The accounting software package Tally was originally developed by which company?

Difficulty: Easy

Correct Answer: Peutronics, a Bangalore based software company later known as Tally Solutions

Explanation:


Introduction / Context:
Tally is one of the most widely used accounting software packages in India and is a common topic in computer awareness and business technology sections of competitive exams. Questions often ask about its origin, including the company that first developed the product. Knowing this detail connects the familiar brand name with its founding organisation and helps differentiate it from other Indian information technology giants.


Given Data / Assumptions:

  • Tally began as a small accounting software product before becoming a widely used package.
  • The original development was carried out by a specific company, not by multiple large corporations.
  • Several well known Indian technology firms are listed as distractors in the options.
  • The question focuses on the original developer rather than later branding.


Concept / Approach:
Historically, Tally accounting software was created by a Bangalore based company called Peutronics. Over time, the company rebranded and expanded under the name Tally Solutions, but exam guides typically highlight Peutronics as the original developer. This distinction is important because many candidates may guess that one of the larger information technology companies built Tally, whereas the correct answer is a specialised firm that grew around this specific product. The correct option must therefore mention Peutronics and its later association with Tally Solutions.


Step-by-Step Solution:
Step 1: Recall that popular exam preparation material states that Tally was developed by a company named Peutronics. Step 2: Remember that this company later evolved into Tally Solutions, but the original name remains important in exam questions. Step 3: Compare the list of options, noticing that Wipro, TCS, HCL and Infosys are large information technology firms not specifically associated with creating Tally. Step 4: Identify Peutronics as the only option that matches the information about the original developer. Step 5: Choose the option that explicitly names Peutronics and notes its link to Tally Solutions.


Verification / Alternative check:
To verify, one can review typical computer awareness books and articles about Tally background. They nearly always state that the product originated from Peutronics, a Bangalore based company founded by an Indian entrepreneur, and that the business later took the name Tally Solutions Private Limited. None of the large outsourcing companies like Wipro, TCS, HCL or Infosys are mentioned as the original developers. This consistent external confirmation supports the selection of Peutronics as the correct answer.


Why Other Options Are Wrong:
Option A, Wipro, is a major information technology and consulting company, but it is not credited with developing Tally. Option B, TCS, is another large technology firm with many products and services, yet Tally is not one of them. Option C, HCL Technologies, also does not appear in the historical record as the creator of Tally. Option E, Infosys, is well known for software and consulting, but again has no link to the original development of Tally. Selecting any of these options would reflect guesswork based on brand recognition rather than correct historical information.


Common Pitfalls:
A common pitfall is to assume that a popular software package must have been created by one of the biggest names in the industry. This leads many candidates to choose a famous company rather than the less well known but correct developer. Another mistake is to confuse the current brand name Tally Solutions with the original company name, which exam questions sometimes separate intentionally. Carefully reading the question and options and recalling that Peutronics was the starting point helps avoid these traps.


Final Answer:
Peutronics, a Bangalore based software company later known as Tally Solutions.

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