Hi there, BalletPro.
Yes, using QuickBooks Online Plus can track inventory. This will help you to stay on top of whay you have in stock so that you can ensure you can fulfill pending or upcoming customer orders. However, as mentioned above QuickBooks Online (QBO) doesn't have a Sales Order option. You can create an Estimate as a replacement and later on, convert into invoices. Both are non-posting transactions and will not be included in the Profit & Loss report.
Sales Orders help you record sales of products & services your customer orders. It then allows you to keep track of multiple orders & then combine them on a single invoice. On the other hand, an Estimate is a proposal for something for a specific price that you can be turned into an invoice.
You also have the option to rename the transaction form from Estimate to Sales Order. To do this, I suggest customizing the form names. This way, you can create an Estimate but your customer will receive as Sales Order.
For additional information on how you can personalize your sales forms, you can check this article: Customize invoices, estimates, and sales receipts in QuickBooks Online.
For product updates, I'd recommend you visiting our Blog to check the latest feature added to the program, as well as additional references while working with your QuickBooks.
For more questions about QuickBooks Online, please fill me in. I'll be around to help.
This is not acceptable the whole purpose of sales orders is to at least post to inventory so I can know what is coming in and going out. Very disappointed this is a basic business function. Shame on you for not providing.
Can you let me know why QBO would not have a sales order option? That is such a critical component of selling I just can't fathom why QB does not see how a Sales Order is critical and not having one makes this option completely useless?