For the last 6-9 months, Microsoft have been showing a demo of how a user could create a filter on a list place and invoke an action called Edit In Excel. This would open Microsoft Excel with the same records, the user selected in the List Place and allow
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Read the complete post at http://blogs.technet.com/dutchpts/archive/2008/12/03/dynamics-nav-2009-edit-in-excel.aspx