You will normally connect it to the battery shunt so where you connect the Loads if is mainly used as a load with occasional charging. The hybrid inverter works either as a charger or as an inverter not both at the same time since to do charging it inverses the flow trough the inverter.
If you have some other DC loads or another inverter then you may not see what those use during charging with the hybrid inverter.
This way the PV shunt is dedicated to solar charging so you know exactly how much energy you got from the Sun but not how much you charged with the Easun.
You can also connect it to PV shunt (assuming your PV shunt is rated to handle 4.2kW) and in that case you can log how much energy you pull in from the grid and the DC loads you may have will also be logged correctly but then when you use the inverter you will not be able to see the correct PV solar current assuming you also have PV solar.
In both cases battery current is measured correctly and so SOC calculation is correct it just affects Load's current measurement or PV current measurement depending on where you decide to connect it. If you have solar you normally want to know how much it produces so standard is to connect the hybrid inverter on the Load side.
The main problem is to control separately the inverter and charger.
For the inverter is simple you just open the front plate to access the ON/OFF switch on the side and solder to wires in parallel with the switch and leave that switch on the OFF position while the wires are connected to EXT IO3 set as type 2 and this allows the SBMS0 to turn ON or OFF the inverter in case of battery fully discharged.
To use the charger also you will need to add a SSR on the AC input and control that with the EXT IO4 or EXT IO5 set as type 1
So when battery is full the SBMS0 can disconnect the AC input and stop the charging to protect the battery from overcharge. This is good option for occasional grid charging while the much more expensive Victron inverter/charger have separate controll for inverter and charger meaning it can still bypass grid to your AC loads when battery is fully charged while that will not work with this type of hybrid inverters that do not have a separate ON/OFF for the charger.