This idea has been merged into another idea. To comment or vote on this idea, please visit CC-I-1481 Backordering.
It would be great if rejected orders could automatically assign stock and move them to draft. It would also be helpful if you could then bulk assign draft orders stock to then move it to approved when the whole order has arrived and ready to send.
Assign products that are in stock and leave products that are out of stock in rejected.