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In this tutorial, Matt Holquist from QuickBooks University explains how to adjust inventory quantities in QuickBooks. He emphasizes the importance of making periodic physical counts—monthly, quarterly, or annually—to ensure accurate inventory records. These counts help identify discrepancies due to errors like incorrect quantity inputs. Matt highlights that adjustments will affect other parts of QuickBooks, though he will elaborate on this aspect later in the tutorial. Regular inventory assessments are crucial for maintaining accurate records and managing stock effectively.
