Word 2007 lets you insert a linked object or embedded object from a file created in Excel.

You can even retain the use of Excel tools to make changes to the data in Word.

To insert a linked object or embedded object from Excel into Word 2007:

1. Open your Word document.
2. Open your Excel spreadsheet.
3. Within Excel, select the cells, worksheet, or chart that you want to copy into Word.
4. From the Edit menu, click Copy.
5. Switch back to your Word document.
6. Place the insertion point where you want the data placed.
7. On the Home tab, in the Clipboard group, click the arrow under Paste, and then click Paste Special.
8. In the As list, select Microsoft Office Excel object.
9. Click Paste to insert an embedded object, or click Paste link to insert a link to the object.