Accounting aspect of stock entries

I am confused about the impact (or rather lack of it) of new stock entries on account ledger.

What I thought that will happen: I will add a new stock entry and submit it. As warehouses are linked by default to Stock in Hand (Company settings in accounting, also seen when I click “Edit” of specific item in Stock Entry), this will increase assets and to balance it, “stock received but not billed” will be increased.

What is happening: after submitting a new stock entry, changes are reflected in stock ledger, but not in accounting ledger. Literally 0 changes.

What should I do to correctly implement desired approach? Perpetual inventory is of course enabled.

Additional pictures with context