A 64 bit processor can handle much more RAM than a 32 bit processor. In terms of functions, there is no difference between 32 bit and 64 bit versions of tally. As you are using the free version of tally, which is the educational version of tally, there are certain restrictions to the use of tally. You cannot create transactions for all the dates in the educational version of tally.
This means you can enter all kinds of transactions in tally but not everyday. A selected number of dates only. To my information, you can only enter the transactions on 1st and 2nd dates and 30th and 31st date of each month. Another restriction is that, you cannot use the option of automatic bank reconciliation in tally because it requires you to have a TSS subscription.
TSS subscription only works if you have licensed version of tally. These were the only restrictions that I know of. If you know any other restrictions in the educational version of tally, please let me know in the comments section below. If you want to learn tally fully, educational version is sufficient for you. You can learn all the features of tally and be able to find a job as well on the basis of your learnings.
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