Hi, I literally spent weeks thinking the logging functionality was broken.
When you are in the admin gui, and go to tools -> logs, I think it's really confusing(and a VERY easy fix).
Here's an example -- if you look at "Modules" (assuming you have one, if not choose "Gateways" or something else).
If you click on the anchor text for the "Name" of the log item(e.g. "Stripe in Gateways"), it takes you to the stripe management page(e.g. /admin/settings/company/gateways/manage/1/).
I have literally clicked this hundreds of times trying to figure out where the logs actually were!!!
By accident, I clicked in the blank space.. and there was a collapsible div with the log data. Simply adding a font awesome expander icon in the blank space would help(e.g. http://fortawesome.github.io/Font-Awesome/3.2.1/icon/expand/ or http://fortawesome.github.io/Font-Awesome/3.2.1/icon/expand-alt/ or http://fortawesome.github.io/Font-Awesome/3.2.1/icon/arrow-down/).
Alternatively(I think this makes more sense), change the destination link for the anchor text to expand and show the logs, and add a (configure) link next to it that goes to the manage step.
Just a suggestion -- this was extremely frustrating for me and I really thought it was a bad product and the logging wasn't functional.