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Default Autofill data based on an assigned code/prefix

I am an estimator, and I am trying to make a new template that will allow me
to enter a "smart part number" in column "A" that will find the corresponding
material description from column "K" and re-insert the description in to
column "B"...An alternative for this is to be able to start typing the
beginning of the description in "B" and it auto fill based on the long format
in "K"....
 
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