Preferred file location Determines the location used as the preferred location for opening and saving Excel files. Enter ...

Preferred file location
Determines the location used as the preferred location for opening and saving Excel files. Enter a path in the Preferred File Location box or click Select to browse for the location you want. To use a network server location, first connect to the network server, and then click Select to browse to the location.
Accepts: only a path to a file location (for example, Sharename:Foldername:)
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