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Excel to ???

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Hello
I am very new to databases. I mean green newbie new. Any help or a point in the right direction would be helpful.
I have a spreadsheet in Excel with a LOT of data. I would like to be able to run reports and view data in an individual record format. I would also like it to be available on a server that would allow simultaneous users to update the data. This also needs to be preferably free or very inexpensive with a free trial.
Can Access handle simultaneous users? Any other suggestions?

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