I have created a production order for 1000 Qty in Oct '09. I have done total consumption of Rs.5000/- in the month of Oct. I made 10000/-worth of GR in OCT. My october wip is 50000-10000=40000
I have done one more GR for a value of Rs.15,000/- in the month of November.
What will be the FI entries for settlement and WIP for the months of October and November.