Edit a Custom Sink Schedule

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:

1. In Reference Data Center's Reference Desk workspace, click Securities in the left navigation.
   You see the Securities workspace with all the available securities.

2. Select a security, edit the security details and then click the Schedule tab.

3. 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.

4. 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.

5. 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%.

6. 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.