Question

What is Consolidating data? write the following steps consolidate your data? ​

Answer 1

Answer:

Data consolidation is the corralling, combining, and storing of varied data in a single place. ... The term sometimes is used interchangeably with data integration. Data consolidation enables businesses to streamline their data resources, discover patterns, and look for insights in multiple types of data.

Answer 2

Data consolidation is the corralling, combining, and storing of varied data in a single place. It lets users manipulate different types of data from one point of access and helps turn raw data into insights that drive better, faster decision-making. The term sometimes is used interchangeably with data integration.

Data consolidation enables businesses to streamline their data resources, discover patterns, and look for insights in multiple types of data.

Step 1: Open all files (workbooks) that contain the data you want to consolidate.

Step 2: Ensure the data is organized in the same way (see example below).

Step 3: On the Data ribbons, select Data Tools and then Consolidate.

Step 4: Select the method of consolidation (in our example, it’s Sum).

Step 5: Select the data, including the labels, and click Add

Step 6: Repeat step 5 for each worksheet or workbook that contains the data you need included

Step 7: Check boxes “top row”, “left column”, and “create links to data source” (note you don’t have to tick these boxes if you don’t want labels or don’t want live links) and click the OK button.