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Best way to get a view into Excel

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We have a bought in project accounting software, the reports are not good or dynamic, what I am hoping to achieve is linking an SQL query to Excel, to get real-time data, would you recommend this as the best way to carry this out? Basically an example of the data I want is project name, then list of resource with cost under a specific date or date range for each project. Is there a better way to connect to get this into excel. The data is in various different tables under one database. 
Thanks

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