You can import Financial Reporting and Web Analysis documents as fully-formatted HTML, which you can display in Excel, or in query-ready HTML, which enables you to connect to Financial Management or Essbase data sources and run queries.
When you import Reporting and Analysis documents as query-ready HTML, the selected pages of the current data object is converted to HTML, and Smart View -specific formatting is removed. Thus, Smart View can re-query the data source independent of the Web application.
When you import Reporting and Analysis documents as fully formatted HTML, the selected pages of the current data object is converted to HTML, and Smart View formatting definitions and calculated members are retained. Thus, Smart View cannot directly query the data source, but Smart View content can be leveraged by Microsoft Office applications.