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In QBO, they don't have a Layout Designer like on the QuickBooks desktop as already said. (One less major feature in QBO). In QBO, they've DOCX "Import custom form styles for invoices" still in QuickBooks Labs. No real improvements for several years. Too many issues not addressed.
You can get more information here if interested:
https://quickbooks.intuit.com/community/Income-and-expenses/Import-custom-form-styles-for-invoices-o...
In fact, Sales Forms customization was the #1 QuickBooks Online Feature Requests by QBO users. Unfortunately, they recently decided to close down the OPEN PUBLIC suggestions board. You can still send them Feedback but is not OPEN but PRIVATE now.
