Expandable FOREIGN CURRENCY provides complete control of currency exchange rates, currency by trading partner and currency rate fluctuation gains and losses, realized and unrealized. Foreign Currency maintains the exchange rate information to allow purchase order, accounts payable invoice, sales order and accounts receivable invoice financial values to be tracked in both the currency of the supplier or customer and in local currency. Realized currency gain and loss values are calculated at the time of payment generation in Expandable Accounts Payable and payment application in Expandable Accounts Receivable. All general ledger transactions created in subsidiary systems carry local currency financial values to the General Ledger. Foreign Currency also includes the ability to calculate and track VALUE ADDED TAX (VAT).