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Barbara Steinberg demonstrates the process of converting a bank statement into an error-free Excel worksheet using Tia Solutions' financial toolkit. The process involves three steps, starting with gridding the data. This entails scrolling through the bank statement to locate pages with actual transactions. She uses her mouse to draw boxes around the transaction areas, which automatically inserts row and column dividers. If any extra column dividers appear, she utilizes the column delete tool to remove them. Steinberg repeats the process for each page of the bank statement until all desired transactions are captured for conversion into the Excel file.