Does QuickBooks Ledger allows us to enter journals for wages and other year end adjustments after we finalize the accounts to bring the software figures up to date?

I appreciate you for asking, Isabella.

Yes, QuickBooks allows you to enter journal entries for wages and other year-end adjustments even after finalizing your accounts. This can help ensure your financial records are accurate and up-to-date. 
 

In QuickBooks Online Accountant, you can create adjusting journal entries specifically for this purpose. You can also review your entries using the Adjusted Trial Balance report to ensure everything balances correctly. Utilize this article for more information: Make adjusting journal entries in QuickBooks Online Accountant.

If you’re using a different version of QuickBooks, the process varies, but the capability to make these adjustments is generally available. To learn more about the QuickBooks Ledger, refer to this link: What you get with Ledger 

Moreover, you may visit this article for more details about the Year-end guide for QuickBooks Online: Learn more about what you and your accountant will need to do in QuickBooks.

I'll be in the Community space if you have additional questions about the QuickBooks Ledger or any other concerns about the software. Just leave your reply below and I'll lend a hand.