Find more about that topic with additional research and share your new knowledge with the class. QuickBooks offers useful tools for handling and adjusting entries to maintain accurate financial records. You can create manual journal entries through the New button and, selecting Journal Entry, and set up recurring entries for regular adjustments. If you need to adjust inventory, the Inventory Qty Adjustment feature helps keep stock levels accurate. The bank reconciliation tool aligns your bank statements with QuickBooks records, helping identify and resolve discrepancies (Intuit, N.d.). Financial reports like the Trial Balance and General Ledger Reports assist in reviewing account balances and transactions for any needed corrections. The Audit Trail records changes to transactions, providing a history of adjustments. Regularly reviewing financial statements, such as the Profit and Loss Statement and Balance Sheet, ensures that adjustments are accurately reflected. These features help you manage and track adjusting entries effectively, supporting the accuracy of your financial records