Microsoft Access supports direct import of spreadsheet data from files you've created in Microsoft Excel or saved as XLS or XLSX files in another application capable of creating Excel-compatible ...

Microsoft Access is a database management system (DBMS) that businesses can use to store and manage large amounts of data.

Microsoft Excel and Microsoft Access both store data used to write a financial report. However, Excel has more built-in options for quickly generating a report from a small amount of financial data.