Microsoft XML Core Services (MSXML) 5.0 for Microsoft Office - XSLT Developer's Guide

XSLT Processing at a Glance

XSLT processing involves the following basic steps:

MSXML versions 4.0 and later support an XML parser and a built-in XSLT processor. The parser translates the textual (or serialized) XML documents (including the XSLT style sheets, which are XML documents themselves) into tree representations. The XSLT processor works with these representations.