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How do I combine 2 spreadsheets that have 1 field in common?

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If this is going to be an ongoing report or if the data is going to be continuously updated, I actually recommend you import them into Access and link the fields. Creating a report is far easier in Access.

If you have to stay in Excel, you have a couple of options. If each spreasheet has one workbook, copy them so that they are in the same spreadsheet (alternatively link the other spreasheet). Depending on the type of report that you are trying to build, you can create a lookup table of the company list as long as the key is listed in alpha-numeric order (your registration key). On the report page, use the LOOKUP command to associate the data by selecting the customer and use LOOKUP to find the associated company.