Is it possible to create approval rules for monthly amounts? Rather than for the entire report?

Is it possible to create approval rules for monthly amounts? Rather than for the entire report? For example, for expenses exceeding 250 usd per month, you will need authorization from the Area Manager.

On the other hand, is it possible to put an approval rule for the following scenario? --> There is a limit of one open advance per person, if I need another, it must be approved by the manager, not my direct supervisor.