# 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? <a href="#whyusepricebooks" id="whyusepricebooks"></a>

* **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? <a href="#howdoisetitup" id="howdoisetitup"></a>

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](https://docs.fairmarkit.com/buyers/administration/price-books-old).

### Add an item <a href="#addanitem" id="addanitem"></a>

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.

<figure><img src="https://1711751134-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F95QWDcOsKn95Me8sE2RP%2Fuploads%2FnmvXI7HitSrpLHncC16R%2Fimage.png?alt=media&#x26;token=c5bfa5f8-00da-41fa-bd1a-7c80c78c9df9" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Click the Found item in price books button. The Select a price book item window displays.

<figure><img src="https://1711751134-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F95QWDcOsKn95Me8sE2RP%2Fuploads%2FIyhCiwqBP3ZgpfIqGT1c%2Fimage.png?alt=media&#x26;token=99b81881-49a4-42ea-8d67-0a79d5df83f2" alt=""><figcaption></figcaption></figure>
{% 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 <a href="#awardyouritems" id="awardyouritems"></a>

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

<figure><img src="https://1711751134-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F95QWDcOsKn95Me8sE2RP%2Fuploads%2FJ4ePMxUTXDD3LnSz6rCh%2Fimage.png?alt=media&#x26;token=b7658137-5caf-47cb-8f8c-14aa7ce626b8" alt=""><figcaption></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.fairmarkit.com/buyers/events/create-an-event/price-books-overview.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
