Here's the way I like to do it: Get a helper. With the tractor off, put the PTO in gear. Remove the clutch switch. Have your helper push the clutch in all the way and go to the back of the tractor and see if you can turn the PTO output shaft. Adjust the stop bolt to the tightest setting where you can freely turn the output shaft. Put the clutch switch back and adjust it so that it closes when the pedal is against the bolt. If you put the switch in too much it will act as the clutch stop and you'll smash it when you stomp on the pedal.
If you don't have a helper to press on the clutch, I've found that a come-along on the pedal attached to something sturdy is good for holding the pedal down. Nothing else I could think of holds it securely all the way down.
If the PTO clutch needs adjusting it's likely the drive clutch does as well. There needs to be a gap between the clutch bearing and the clutch fork, otherwise the bearing will wear out quickly. As the clutch disk wears that gap shrinks. There is an inspection port on the side of the tractor. (If you have a front end loader the port cover is removed and the holes are used for a front-end-loader support.) Remove the cover. With the pedal released there should be a .1" gap between the bearing and the clutch fingers. Adjust the length of the rod that attaches to the clutch pedal to get that gap to 0.1" when the pedal is released.
The drive clutch adjustment affects the PTO clutch adjustment so the drive clutch should be done first.
There is a more involved adjustment that is done on the clutch itself to make sure all of the clutch fingers are pressing equally. That adjustment does not change with wear and should not need to be changed if it was set properly when the clutch was installed.The finger adjustment can also be used to adjust for wear but I find it simpler to adjust from the outside.