Eagle Accounting fully supports the processing of default bonds, has full support for securities in default by allowing you to:
Shut off accruals on a security, either at a security/accounting basis level or at an entity/accounting basis and security combination level (position level)
Shut off amortization on a security, either at a security/accounting basis level or at an entity/accounting basis and security combination level (position level)
Shut off accruals and amortization on a security/accounting basis level, either at a security/accounting basis level or at an entity/accounting basis and security combination level (position level)
Stop the maturity processes when the bond is in default
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