Inventory not updated on Unfulfilled Orders

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When an order is placed, the inventory doesn't take that item out of stock. If I do not get that order fulfilled immediately, someone is able to purchase an item that may no longer be available. Is there a way around this without actually setting orders to fulfill automatically? This is the same when I sell in person and "send a cart" to the customer to pay, those items are still available to purchase on the website until I mark at picked up, which I do once they send payment. This gets dicey when I only have 1 item left in stock.

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