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What are Proc IMPORT's favorite external file formats?

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What are Proc IMPORT's favorite external file formats?

We have had a recent discussion about the pros & cons associated with using Proc IMPORT to import data from various types of files, mainly .XLS, .CSV, .PRN and .TXT.

Some of us, when things don't seem to be going smoothly with importing .XLS, do a "save as" to convert the file to a different type of delimited text file.

What are the advantages to using or not using a .PRN file as that intermediate step? What about .CSV?

We use the Import Wizard on occasion but prefer to use Proc IMPORT.

Thank you.
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