The data required for EAC obligations will vary slightly from the other types of obligations. For example, the Date Due field is called Fiscal Year Ended for EAC’s and is a required field. The other fields are optional. The Adjustment field is used for principal adjustments other than reduction payments. The principal balance is not automatically calculated. A utility is described below that will automatically calculate the principal balances once the entire schedule is entered.
Figure 49: Dialog box for entering a payment record
Interest Subsidy is assumed to be a reduction in the interest amount paid and therefore is entered as a positive number. The value entered will be subtracted from the interest paid when calculating the total payment.
Adjustment is applied to the Principal amount and can be a positive or negative number. The value entered will be added to the balance. Therefore if you are reducing the principal you will need to enter a negative number.