Skip,
I agree with you that you don't need to parse your data but (and I mean no slight to ANYONE) I have users who are just NOT comfortable with all the data in one sheet and relying on filters or pivot tables to ensure that the correct data is given to the correct person/entity. It's a comfort level of working with excel issue and not a best practices issue.
I know that I am probably not telling you anything you don't already know. Just offering my 2 cents. Also, I chuckle evertime I see you post this on here, cause I know you must be going out of your mind. I just get the vision of you standing in front of a wall with a post it note on it that says "Bank head here!".
Thanks and best regards,
-Lloyd