While it is possible to copy and paste data from one Excel file to another, you can also create a link between two files or workbooks. When you create a link between files, the copied data is updated when the original data changes. It is also possible to create a link between a chart in an Excel workbook and a Microsoft Word file or PowerPoint slide.
Copy and paste link data from Excel into PowerPoint or Word
When data from an Excel file is linked to a Word document, the data is pasted into the document as a table. The table can then be formatted using Word's formatting features.
This link is created using the Paste Link option. For Paste Link operations, the file containing the original data is the source file, and the second file or workbook containing the linking formula is the destination file.
Links can also be created between individual cells in separate Excel workbooks using a formula. Use this method to create a live link for formulas or data, but it only works for individual cells.