> For the complete documentation index, see [llms.txt](https://docs.fairmarkit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fairmarkit.com/buyers/events/create-an-event/price-books-overview.md).
# Price books overview
With price books you can create lists of preapproved prices for your suppliers. As you work on your request for quote events, you can review and select price book item suggestions. Additionally, you can award matched items and only need to send invitations for unmatched items.
### Why use Price Books?
* **Efficient process**: By leveraging preapproved items and prices, you can simplify your purchasing process.
* **Consistent pricing**: Ensure accuracy and pricing consistency by selecting from curated lists.
### How do I set it up?
To use price books, you will need to:
* **Enable price books**: To enable price books, contact your Fairmarkit Customer Success Manager.
* **Upload price books lists**: Using a Fairmarkit template, you will need to create a list of preapproved prices for each supplier you want enabled. This list must formatted into a Fairmarkit template, and then uploaded to [Administration - Price Books](/buyers/administration/price-books-old.md).
### Add an item
When you're working on a request for quote event, you can add a price books item using the following steps:
{% stepper %}
{% step %}
Add line item. You'll need to add a Description, and then the Manufacturer, MFG Part #, an Internal Part #, or a Supplier part #. If configured for your price books, Business unit will also help generate suggestions. When your line item matches one or more price books items, a found button displays below the line item.
{% endstep %}
{% step %}
Click the Found item in price books button. The Select a price book item window displays.
{% endstep %}
{% step %}
If the item matches what you need, select the item.
{% endstep %}
{% step %}
Click Confirm match.\
The item and a price books label is added to your item on the event.
{% endstep %}
{% endstepper %}
### Award your items
If all items on your event match price books items, you can click the Proceed to award option to move to directly awarding your event. Additionally, you can still send the event to suppliers for additional responses
---
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