FILE 365 controls where files from Salesforce are stored in SharePoint. Where exactly in SharePoint is not relevant. FILE 365 synchronizes both ways. If you edit a document from a Salesforce record, it will immediately be saved back to SharePoint. And it also works the other way around: A document that you edit from SharePoint or upload to a SharePoint folder is immediately visible in the corresponding Salesforce record. It is therefore always one and the same file.