Does the version field in package.json overwrite/set the version number in gradle/ios when NOT using Expo to develop a React Native app?

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I have an React Native application that was created without using Expo. So, I have to manually manage a bunch of stuff. Not my choice.

I noticed that the package.json has a version field. However, as far as I understand, if I want to deploy my app to the app stores, I have to set the new versions in Android Studio and Xcode.

So, what's the point of the version number in package.json? Is it just like leaving yourself a note? Does it matter if you even use it?

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