Item Search to show the transactions related to the item only and not include the assembly item where the item is a member

To resolve this, follow the steps below:

1.    Navigate to Lists > Search > Saved Searches > New > Item.

2.    Under the Criteria tab > Standard sub tab, make sure to add the filter below as one of the criteria:

 

Filter:  Transaction Fields...  > Account | Description:  none of –None-

 

Notes:

1.    In a transaction search, there is no need to select the criteria as it will display only transactions pertaining to the item.

2.    Enhancement 205584 is logged to address this.