Year end

What happens if a year end is never run? Will reports based on date ranges, and in particular BS & P&L a/c, provide correct figures?

Coming from Quickbooks, while a period can be locked, there is no year-end procedure as such, I need only journals to deal with dividends and reserves. Would that work here?

… is essentially what the QuickFile year end does - it creates a journal to zero all your P&L codes and move the balance by default to reserves (but I believe you can edit it to split some of it to dividends instead - I’m a partnership rather than ltd so I’ve never dealt with dividends).