Incorrect Profitability for AR Credit Memo

I have facing a problem of Incorrect Profitability in AR CreditMemo.
I created a AR CreditMemo for 100pcs an ITEM A at $10. Now this credit memo is showing a loss of $1000. If my item purchase price or last cost is $9. Then it should show me a loss of only $100 instead of a loss of $1000 right?
Have anyone come across this? How can i fix this error.
My inventory method is FIFO.
Please let me know.
Thanks

Hi Raghu,
How did you created this AR CreditMemo?  Have you copied from your AR Invoice using "Copy to" function from that invoice, or else?
Gordon

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    Edited by: RajPatel on Sep 23, 2009 8:33 AM

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    You are right and also I found from metalink...
    Subject: 11.5-AR-How Can You Enter Payment Terms For Credit Memos
    Doc ID: 249547.1 Type: HOWTO
    Modified Date: 16-DEC-2003 Status: PUBLISHED
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