In the Schedule tab of the Securities workspace, you can edit a custom sink schedule for a sinking fund security. When you edit a schedule, Eagle Accounting recalculates the amortization yield the next time you run earnings, using the new values. If a value has changed in the Schedule table for a prior coupon period, you should Rollback and Replay earnings, or run a Retrospective Amortization event. For more information about editing schedules in Reference Data Center, see Manage Schedules.
To edit a custom sink schedule:
- In Reference Data Center's Reference Desk workspace, click Securities in the left navigation.
You see the Securities workspace with all the available securities. - Select a security, edit the security details and then click the Schedule tab.
- Under Schedules, click the row for the schedule that you want to edit.
Ensure you select a row with a Schedule Sub Type of Custom Sink. - Under Schedule Details, click the row that you want to edit, and then click Override Value.
You see the fields for the selected schedule row, . You cannot change the Effective Date or Schedule Sub Type values. The Edit Type list shows a default value of Override. - In the Schedule Amount box, you can change the payment amount.
For a custom sink schedule where the Bypass Sink Check field has a null value, the schedule's Schedule Amount values must add up to 1.0, or 100%. For a custom sink schedule where the Bypass Sink Check field has a Yes value, the system does not require the Schedule Amount values or payments for the custom sink schedule to add up to 1.0, or 100%. - Update the remaining fields as needed, click Apply and Close, and then click Save.
The system saves the revised record to the database.
When you edit a custom sink schedule, the system updates the custom sinking fund schedule in the Schedule table, . If you change a schedule amount, the system also updates the corresponding custom sinking fund schedule in the Corporate Action table.