Loot Tab Improvement

So I was looking at the loot tab and trying to find a way to quickly add standard items a found loot without having to remember their prices or having to go back to edit them later. I can't seem to find a way to do that. I was hoping to use the merchant feature and set up a catalog of standard gear that could be found, you know, armor, weapons, and adventuring gear. Then 'buy' it for 'free'. I couldn't do this as a player or GM. I was wondering if there was a way or if a way could be added to do this.
If I understand you correctly, I agree this would be nice.

I make extensive use of the merchants and catalogs, and they are great, but if the party find an item, I have to manually enter the data all over again, even though its already in the catalog.

In addition to Quick Add or Add Item (or perhaps as an option within Quick Add) it would be nice to have an Add from Catalog option that works similarly to the option to add items for merchants.