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In QuickBooks, there is a new feature where accepted estimates WITH DEPOSITS are automatically converted to an invoice. However, it didn't say that accepted estimates without deposits will also auto-convert to invoices.
Therefore, this is something that should be checked further. I suggest reaching out to our customer support team to investigate this further. You can check out this link to reach out to our Customer support.
Regarding what's new in QuickBooks about estimates and invoices, please refer to this article: See what’s new with estimates and invoices in QuickBooks Online
Additionally, you can also check these articles for more details about managing estimates in QuickBooks:
In case you have other concerns or questions about estimate automatically create invoice in QBO, you can always get back to me by leaving a reply on this thread. I’ll be around ready to help you. Keep safe!