When Item default expense account will be apply?

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1

I have set the value for default expense account per item, anyone know where this transaction will take place?

2

Whenever you perform an Accounting Transaction with those Items, e.g. Purchase Invoice, respective expense ledger defined in respective Item with value in transaction will be updated.

Hope this helps.

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3

@gupteshwar when it will recorded in profit and lost statement?

4

As soon you book Accounting Transaction e.g. Purchase Invoice [on Submit].
if it is a non-stock/service Item.

If it is a Stock Item and Perpetual Inventory is On then it would be booked on consumption or sale of the respective Item.
Refer : Perpetual Inventory

Kindly explain a case study and question properly to help appropriately.

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