Is there a way to track Inventory other than Invoicing? With delayed Invoicing we won't be able to have an accurate Qty on Hand.

No, unfortunately QB does not reserve inventory

delayed invoicing should be replaced by an estimate, then when it is time you copy the estimate to an invoice and save

Hello, sparkys2011.

I appreciate you turning to the Community for support. I'd be glad to offer my assistance with tracking inventory.

Rather than using invoicing to track inventory in QuickBooks Online, this can also be done manually. Here's how:

1. Create an account to track your inventory value.

2. Create an account to track your cost of goods sold.

3. When you purchase inventory (using Checks, Expenses or Bills), use the asset account you created to track its value in the Account field. This "transfers" the money into the asset account, increasing the value of your inventory.

I've got an article for you that offers additional details on this process. You can check it out here: https://quickbooks.intuit.com/learn-support/en-us/chart-of-accounts/can-i-track-inventory-manually/0....

I'm only a comment or post away if you have any other questions.

@sparkys2011 

If is is related to backordering purpose, consider using an inventory management app and integrate it with your QBO.

Just my 2 cents.

Thank you for your reply.

At this time, we do Estimates and then convert to Invoice. We are an Electrical Contractor so we will provide an Estimate and then once the work is completed we Invoice. In this case, we will use some of our Inventory on said job. The issue I foresee is that we may have 10 ongoing jobs and used "inventory" but we will not know what the actual quantity on hand is at any given time because those numbers will not be reduced until Invoice is created. Is there a specific app you would recommend?