Hhmm, I'm not sure what you're asking either. In GIMP (a raster graphics editor) "flatten" means to combine more than one layer into one layer (as far as I understand, and also as phiscribe mentioned). But as you said "to change outline colors and such", I have no idea what you mean.
If you want to put everything in one layer, that's easy to do by simply selecting everything (Ctrl + a) and then Object menu > Group. If you don't actually want everything grouped, you can just Ungroup immediately afterwards.
(I think it might be seen as a bug, that ungrouping doesn't put everything back where it was. But in any case, it doesn't, and everything will remain in one layer after you ungroup.)
However, grouping won't change anything except the layer arrangements. It won't change the colors.
I'm also not clear whether you're talking about a vector image or a raster (JPG). The way I read your message, I'm not sure how you're using "like".
If it's a vector image, grouping should put everything into one layer, if that's what you mean. If it's a raster image, possibly phiscribe has the answer. Tracing a raster image (such as JPG) will convert it to vector, and will allow you to change colors. Although you could also change the colors of a raster image using a raster editor (such as GIMP or MS Paint)