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Eagle Accounting allows you to use custom sink schedules rather than sink schedules with sinking fund securities in cases where you need the ability to correct sink payments for securities for which the payment differs from the expected payment. Custom sink schedules allow you to address a scenario that can occur for securities such as private placements where the actual sinking fund payments often differ from the expected sinking fund payments based on predefined schedule data, and you need to process the revised sink payments easily. 

Custom sink schedules allow you to bypass the restriction on sink payment corporate action records where the total of the sink payments for a given security must be equal to 1 (100%). When you bypass this restriction, the Eagle system assumes that you will update any associated schedule or corporate action data accordingly in order to reflect the unexpected amount received, but will do this subsequent to the processing of the revised payment.