> It only gives you the option to generate them, but does not specify where it places them.
Did you already do a render? Are you looking under the Render Settings heading?
“When a log file has been written, the path to the log file appears under the Render Settings heading and Log menu.”

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Todd Kopriva, Adobe Systems Incorporated
putting the ‘T’ back in ‘RTFM’ : After Effects Help on the Web
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