Rockies,
The short answer is, "NO." If you still want to track inventory in QBO, you will need to enter an ajdustment for each item according to your actual physical inventory levels. The process is laid out here: https://quickbooks.intuit.com/learn-support/en-us/inventory-quantity/adjust-inventory-quantity-on-ha...
If you want to stop tracking your inventory, you can turn off that feature by following these steps:
- Go to the Gear icon.
- Under Your Company, select Accounts and Settings.
- Click Sales.
- Go to Products and services.
- Find Track inventory quantity on hand and slide the switch to the left (gray).
- Click Save and then Done.
If you turn off inventory tracking, you will lose some report functionality.
