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Hi daymented,
Welcome to Community! QuickBooks Online has everything you need to setup and track the items you have on hand. I'd be glad to help!
When you set up your inventory items, you can track them when they sell by creating an invoice or a sales receipt. You'll also be able to set reordering points, so QuickBooks will let you know when it's time to restock. If you need to add, edit or delete an item, click here. However, there may be times when you notice you have more or less of an item than what's indicated. In this situation, you can add, enter or delete an inventory quantity adjustment.
Please don't hesitate to contact us if you require additional information. Your success is our number one goal and we're always happy to assist!