Text files are ASCII files, i. e. each character is represented by a single byte and they are readable by humans as compared to binary or computer files which do not have a one-to-one relationship and are readable only by computers since they are stored as ‘0’ and ‘1’ and combination of these ‘0s’ and ‘1s’ is read by the computer program to create the original file. Therefore, if you try to import a Microsoft Word binary file into Excel, it will be ‘gibberish’. Text files are not prone to viruses and also occupy less space i. e. they are easy to transfer offline as well as online. The training video demonstrates how you can get external data from a text file into Excel for further manipulations.
Import data using the Text Import Wizard