Update from High Sierra to Ventura?
The process to upgrade is not involved, and is mostly the simple process of going to your System Preferences, then the Software Update pane. Click on the update (or updates) that are presented to you there. I think there is either an Update button, or a Continue button. It will ask for your admin password. Continue with the update. It will complete the process by downloading the update(s), then reboot to finish the process. All you need to do is wait. It will restart maybe 2 or 3 times. You will probably be asked to log in to your AppleID account (now simply called Apple Account), and you will finally return to the desktop. The update will often take 30 to 45 minutes, but normally finishes with no problem.
However, before you start the upgrade, you might make sure that you have a full backup of your drive, just in case something happens, and you get errors of some kind, or it won't boot again, or some others that I haven't remember. Things DO happen, so you want to be sure that you can back out to your old system, if the process goes "weird" on you.
But, you do need a full back up of your system, just something that most computer guys are going to recommend.
You would rather have it, and not need it, instead needing a backup, and not having one.
One more thing: 8GB of RAM memory is not a lot these days. Your iMac has 4 memory slots, and can have up to 16GB in each slot, so supports up to 64GB of RAM. You probably have 2x4GB sticks now, and you could add 2x8GB sticks in the empty slots, keeping the memory that you have now, and going to 24GB--tripling what you have now. You will then have a Mac that will be noticeably more responsive. Just a good way to treat your Mac, particularly if you are updating your Mac system software. (Takes you 5 minutes to install the RAM, even on your first time. Slots are inside a small door on the back of your iMac!)