On the PO record under the related record subtab, I wanted to see the linked transaction as an Inbound shipment. This is the actual expectation right now.

Agreed!! In my case, I am using Advance Manufacturing module. While creation of item I did not checked USE BIN check box. And I produced my item. Now my Assembly item is in stock and but is available in one of the location and not in any of the bin. In that case what should I do?