Microsoft Excel: How to Automate Text File Links
by David Ringstrom on
By David Ringstrom, CPA
Some time ago, I explained how to use Excel's Text to Columns Wizard for separating text within a spreadsheet into columns. Although this approach is helpful for data that's in a spreadsheet, in other cases, you may wish to link spreadsheets to text files that change periodically. In this article, I'll walk you through the steps of automating this process.
A common method of accessing text files is by way of the Open dialog box. As shown in Figure 1, you can choose from a variety of file types, including text files. Depending on the file type, Excel may automatically separate the data into columns, as shown in Figure 2, or leave all the data in a single column, as shown in Figure 3. Data, such as that shown in Figure 3, can then be separated into columns manually by way of the Text to Columns Wizard.
Figure 1: You can choose from various file types in the Open dialog box.
Figure 2: Excel automatically separated the data into columns.
Figure 3: Excel left all the data in a single column.
You may like these other stories...
It's not a reality—yet—but accounting software is poised to eliminate accountants. We are at a tipping point for many similar professions: online education replacing professors, legal software replacing...
Whenever I speak to accountants about creating a cloud practice, the most common question is, “How do I charge my clients?” Ten years ago, maybe even five years ago, if I would’ve posed this question...
While reputational risk is the No. 1 nonfinancial concern among corporate directors, cybersecurity/IT risk is gaining steam. In fact, both private companies and organizations with more than $1 billion in revenue felt they...
Upcoming CPE Webinars
FRF for SMEs Series--Measurement and Disclosure Principles for various Consolidations and Business Combinations, Part 4B
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
In this session we'll review best practices for how to generate interest in your firm’s services.
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.