Period Closing Voucher and Distributions/Dividends Paid

Greetings. In other accounting systems, I am used to year-closing processes taking care of closing (credit) the dividends/distributions to shareholders account and debiting the Retained Earnings account by the same amount, so the new year starts with Distributions Paid at zero. I see the period closing voucher only seems to close revenue and expense accounts.

Is this possible in ERPNext? Or is everyone doing this manually with an additional journal entry? Or do ERPNext users NOT typically close this account, letting it instead accumulate over the years?

Where is the list of accounts defined that the Period Closing Voucher uses to choose which accounts to move to Retained Earnings? Thanks!