Refresh – New Mantra of Updation of Data and Reports
Once the linkage is established between the data sheet and the ODBC data source file, all the required data from the ODBC file is selected and placed in appropriate cells of Excel sheet. This is enabled with pre-defined sets of instructions through macros or formulas. So as and when the data in ODBC data source file is altered or modified, simple refresh function in Excel makes the necessary changes in the spreadsheet and revised statements of reports are available for viewing in a few seconds.
Two Most Essentials of Excel Reports
There are various data architectures, which are deployed during the data import in any reporting system. As we can understand, there are pros and cons of each methodology. However, most chosen types of data import structures are pivot tables and flat files. These two are the pillars of data import architecture. There are simple performance related differences in these two types. A flat file type will be smaller in size and works wonderful for smaller projects, but is handicapped when you intend to use multi-tier complex formulas to generate the report. The results will be devastating and discouraging. However, the same work can be easily done with pivot table. It has a larger file structure but supports the complex multi-tier formulas in an appropriate way. This leads to faster calculations and in turn faster report generations.