Work in Compatibility Mode You can open a workbook that was created in an earlier version of Excel and work in Compatibility Mode so that the workbook remains in a file format that can easily be opened again in the earlier version. After you have installed a new version of Excel, you may want to know how you can continue to work with workbooks that are created in an earlier version of Excel, how you can keep these workbooks accessible for users who do not have the current version of Excel installed, and how the differences between the versions affect the way that you work.įor backward compatibility with earlier versions of Excel, such as Excel 97-2003, you can use one of two ways to exchange workbooks between the different versions.