interchange information with other applications

The most effective way to interchange information with Excel is to use the copy and paste functions. For example to bring data into Access from Excel, you can copy data from an Excel worksheet and paste it into an Access datasheet, import an Excel worksheet into an Access table, or link to an Excel worksheet from an Access table.

This microsoft office online tutorial will help explain how to interchange information from Excel.
http://office.microsoft.com/en-us/excel/HA100963001033.aspx?pid=CH100648471033