The bookmark option is in Kobo Utilities, about the 4th item on list: 'Store/Restore current bookmark'. It actually reads current Kobo reading status and progress, or sets it from the columns.
That is setup in Kobo Utilities Options: Profiles tab, then at Custom Columns.
There are four
Current Reading Location Column
Percent Read Column
Rating Column (this can use existing rating without the # prefix)
Last Read Column
But there are indeed other ways.
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