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This master worksheet might contain sales totals and averages, current inventory levels, and highest selling products for the entire enterprise.
To summarize and report results from data on separate worksheets, you can consolidate the data from each separate worksheet into one worksheet (or master worksheet).
The worksheets you consolidate can be in the same workbook as the master worksheet or in other workbooks.
When you consolidate data in one worksheet, you can more easily update and aggregate it on a regular or ad hoc basis.
For example, if you have a worksheet of expense figures for each of your regional offices, you might use data consolidation to roll up these figures into a corporate expense worksheet.