Creating a Microsoft SharePoint list from Microsoft Excel data is safer than sharing the entire Excel workbook.

How to Read Excel With SharePoint Workflow. Sometimes it might be necessary for an Excel user to share data with SharePoint. Using add-ins it is possible to incorporate data from an Excel ...

When they try to create a list from an existing file that’s present on the SharePoint website, they get the following error: Something went wrong. The file [xxxx] does not exist.

Plenty of organizations have moved from on-prem file shares to SharePoint online. If you are expecting the web version of "Office" (Word, Excel, etc.) to work for everything, its not there yet.