It really depends on *exactly* what your meaning of "copies" is.

If you're talking about opening a 'copy' of the template, adding data and/or
calculating, then *saving* under a different name in a pertinent (read other
then template folder), AFAIK, the answer is no.

Once a template is 'used' and renamed, it becomes just another .xls file.
No global revisions are possible.

I guess you could create a file, where *every* cell or range is linked to
another file, but that necessitates keeping the master *and* all 'copies' on
the same system, so that changes to the master are perceived by the copies
and updated whenever they're opened.
Sort of a database in reverse.
That may be an option, but I don't know how viable.

On the other hand, if you mean *blank, unused* 'copies' of a template, I
don't know why you would even have a need for such files, since the opening
of a "fresh", new copy of the original template is as many clicks as opening
this "other" copy.

When properly created, the original template is *never* opened ... just
*copies* are opened, protecting the original from accidental revisions.
And therefore, each copy is a duplicate of the original.
Update the original ... and the copies are opened as duplicates of the
updated original,
*BUT*
*NOT* the ones you opened and used yesterday !

Would you care to elaborate on your question?

Hi, I believe there is a way to do this but it's been quite a while since
I've had to do anything like it.

Is there a way to create one template datasheet as a 'master' sheet and then
have several copies of the master.  Whatever changes occur in the master
will flow into the copies?

Thanks
Derek