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In the Add Debt Default Periods/Inhibit Earnings In the Create Debt Default Period panel, you can add a debt default period rule that indicates whether to process income when a security is in default. Income refers to both interest income and amortization/accretion.
You can also use the Add Debt Default Periods/Inhibit Earnings panel to disable accruals and leave amortization enabled for swaps when a swap contract is not actually in default.

To add create debt default periods:

1. From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
2. Enter Add Debt Default Periods/Inhibit Earnings in the Start Search text box.
3. Click the Add Debt Default Periods/Inhibit Earnings (Accounting Center) link to access the panelIn Accounting Center, in the left navigation pane, click Setup > Securities > Debt Default Periods/Inhibit Earnings > Create Debt Default Period.
   You see the

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1. Create Debt Default

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1. Period panel.
2. Complete the options on the Add Create Debt Default Periods/Inhibit Earnings Period panel.
3. Add additional debt default period rules using the pane that appears on the bottom of the Add Debt Default Periods/Inhibit Earnings panel, as follows:
   - Click the lower pane.
   - Right-click and select Add Rows.
   - Enter the number of rows you want to add in the Enter Rows Count dialog box and click OK. You need to add a row for each additional rule you want to add.
   - Complete the fields on each row you added.
4. Click Submit.