How to I convert my old Excel workbooks to the latest version of Excel, Excel 2007? The steps are very simple. First open your old Excel into Excel 2007 (notice the Title bar will say "Compatibility Mode"), and then click on the Office Logo button to Convert and be sure to save your work when it's finished converting. Why would you want to convert to Excel 2007? The advantages include smaller file size by up to 75% using a type of zip compression. So with less disk space there less bandwidth when sharing Excel across a network or even emailing it to a friend or coworker. Also, if it's damaged your chances of recovering the undamaged data is greater!

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