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Option	Tag	Description
Add Debt Default Periods/Inhibit Earnings
Add Periods Based On	1256	Indicates whether to set up a default period for all holders of the bonds, for all holders of a specific security type, or to set up a rule for a specific entity/security grouping. Options include: Entity Name & Security. Adds a debt default period for a specific entity/accounting basis/security grouping. If you set up a rule for SecurityA and also set up a rule for EntityA/SecurityA, the rule for EntityA/SecurityA takes precedence when applying income for the defaulted bond. When you select this value, you see the Add Periods for All Accounting Bases field. Security. Apply the debt default period rule to all positions in the database that hold that security ID. Adds a debt default period for a specific accounting basis/security grouping. Security Type. Apply the debt default period rule to all positions in the database that hold the specified security type. Adds a debt default period for a specific accounting basis/security type grouping.
Add Periods for All Accounting Bases	1257	If you set up a debt default period for an entity/security combination, this option determines whether the system adds debt default period rules for all accounting basis for the entity or for a single accounting basis. Options include: Yes. Eagle Accounting creates a debt default rule for each established accounting basis for the entity. When you submit the panel, Eagle Accounting replicates the debt default period rule established in the panel and replicates that rule for each accounting basis. No. Eagle Accounting creates a debt default rule for a specified accounting basis for the entity. You must create a debt default rule for each established accounting basis. When you select this option, the Accounting Basis field appears.
Entity ID	1163	Conditional. Specifies the unique identifier of the entity. This value, which appears only in the panel's lower pane, is required if you set up an entity and security Entity Name & Security debt default period rule. When you select a value from the lookup, you see the value for Entity Name (tag 1164) and Account (tag 5). If you set up a security debt default periodOtherwise, this field is hidden and is not required.
Entity Name	1164	Conditional. Specifies the name of the entity. This field is a dynamic lookup for all established entities in Eagle Accounting. The Entity Name field is required when you set up an Entity Name & Security debt default period rule. When you enter the entity name, Eagle Accounting displays values for the Entity ID and Account fields. If you set up a Security debt default periodOtherwise, this field is hidden and is not required.
Account	5	Conditional. Hidden. The Account field is the primary key for the Entity table. This value is required when you set up an entity and security debt default period rule. When you enter the Entity Name or Entity ID field, Eagle Accounting returns the values for the Account field. If you set up a security debt default period, this field is not required.
Accounting Basis	21	Required. Identifies the accounting basis for the debt default period. If you set the Add Debt Default Periods Based On (tag 1256) field to a value of: Entity & Security and are adding a period for a specific accounting basis, the dynamic lookup shows available accounting bases for the selected entity. You can add an entry for each basis for which the rule applies. Security, the dynamic lookup shows all available accounting bases. Security Type, the dynamic lookup shows all available accounting bases.
Asset ID Type	1432	Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL.
Asset ID	14	Required. Specifies the primary asset identifier for the security. The lookup shows all established securities that are eligible for the earnings process. When you enter a value, you see the Issue Name and Asset ID Type values.
Issue Name	961	Required. Specifies the name of the security. The lookup shows all established securities that are eligible for the earnings process. When you select a value, you see the Asset ID and Asset ID Type values.
Issue Date	68	Displays the original date of issue for the selected security.
Security Type	82	Conditional. Identifies the security type for the debt default period. If you set the Add Default Periods Based On field to a value of Security Type, the dynamic lookup shows all available security types.
Maturity Date	38	Displays the date on which the selected security matures.
Default Type	1551	Required. Identifies the stream of income that you do not want to process and determines whether to back out period-to-date OID when the bond goes into default. Options include: Income. Eagle Accounting does not process any accrual or interest Income. Amortize/Accrete Including OID. Eagle Accounting does not process any Accretion or Amortization income. The system backs out period-to-date OID on the default date. Both Including OID. Eagle Accounting does not process any Income and does not process Accretion/Amortization. The system backs out period-to-date OID on the default date. Amortize/Accrete Excluding OID. Eagle Accounting does not process any Accretion or Amortization income. The system still accrues OID after the security's default date until it is sold or deemed completely worthless. Both Excluding OID. Eagle Accounting does not process any Income and does not process Accretion/Amortization. The system still accrues OID after the security's default date until it is sold or deemed completely worthless.
Default Start Date	220	Specifies the date that the bond goes into default. Set this date to the start of the coupon period in which the bond went into default.
Comments	4852	Specifies the reason for defining the debt default period. If you use this option to discontinue accruals and to continue amortization for swaps when a swap contract is not actually in default, you can enter a comment to track the reason for your entry.

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Versions Compared

Old Version 4

New Version 5

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