GR/GI with prod order and WIP

Hi,
I have 3 question to seek advice.
1) GR/GI with production order
when GR, production order is credited as goods already completed and moved to FG inventory and when GI, production order is debited as raw material is issued to production order. Correct?
2) those still sitting in production order, meaning it is still WIP. Correct?
3) Does WIP G/L is affected with every GR/GI entries or it is calculated during the period closing process only.
Thanks

1)
At the time goods issue.....
fi entry is........ rm consumption dr
                       inventory rm ...cr.
CO-ENTRY is bellow,
dr to the production order..
At the time of g/r
FI entry is as bellow
Inventory fg a/c -dr and CR factory out put of production.....
Co entry is as CR to production order as you said.....
2) Till uncompleted goods in production order we can consider as wip......
but when comes to WIP value system will consider the total cost posted to the production order.....
Regards
RAM

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